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Rainbow 92028
2039 Rice Canyon Road #41
Listed by: Jacqueline Steed, Jackie Steed, Broker
$971,000
● Multifamily - Off Market

2039 Rice Canyon Road #41

Fallbrook, CA 92028
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,130 Ft²
$4,911
Est. Monthly

About This Property

Welcome to your dream investment opportunity or perfect family compound! This duplex offers two almost identical units, each boasting 2 bedrooms, 1 bathroom, and spacious living areas, ideal for comfortable living or lucrative rentals. Additionally, there's a separate Accessory Dwelling Unit (ADU) for added versatility and income potential.

Located through custom pillars off Rice Canyon Dr this home has huge potential. The driveway is the width of the property so allows for ease of parking.

The left unit is updated with wood-look tile flooring, upgraded kitchen features including a stylish backsplash and new faucet, while both bedrooms have laminate flooring for easy maintenance. You'll love the remodeled bathroom shower, adding a touch of luxury to your daily routine. Expanding the living space, this unit features an add-on at the back, providing generous additional living and storage areas.

Each of the 2 units includes its own one-car garage and ample parking, ensuring convenience for residents and guests alike.

The ADU is tucked away in the corner, it has a generous living space with a cozy kitchen and bathroom plus its own fenced yard and patio cover.

Entering the back of the properties you will be welcomed by lush, meticulously landscaped backyards, offering private retreats yet connecting seamlessly with the surrounding property. The second piece of  property has some storage sheds for versatility and the third adjoining property has a large barn and an access gate from 8th street for your convenience.

The property encompasses 3 APN's totaling over  51,000 sqft

As a delightful bonus, the property boasts several fruit trees, promising a bounty of fresh produce throughout the year.

Situated on septic and Rainbow Water, this property offers both functionality and sustainability. Don't miss out on this rare opportunity to invest in your future or create the ultimate family haven!
Unit Size
2,130 Ft²
Days on Market
98 days
Land Size
1.18 acres
Price per sqft
$469
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-

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Last updated: 3 years ago (CRMLS #SW24115688)

Price History

Date / Event Date Event Price
Sep 19, 2024 Sold
Sold
Aug 25, 2024 In contract -
In contract
Jun 10, 2024 Listed by Jackie Steed, Broker $999,999
Listed by Jackie Steed, Broker

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 5
Bedrooms on Main Level: 5
Full Bathrooms: 3
Bathrooms on Main Level: 3
Levels: One
Interior Features: Open Floorplan, All Bedrooms Down
Flooring Type: Vinyl
Living Area Square Feet Source: Assessor
Laundry Features: Outside
None
Exterior Details
Year Built: 1970
Parcel Number: 1026304400
Home Type: Residential
Structure Type: Duplex
Outdoor Living Structures: Covered
Spa Features: None
Pool Features: None
Lot Information: Item25 Units Acre
Lot Size Source: Assessor
Lot Size Acres: 1.18
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Community Features: Rural
High School District: Fallbrook Union
Directions: 15 and Rainbow Canyon
Other Details
Listing Terms: Submit

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240610 Unit 41
06/10/2024
41
5 Bed
3 Bath
2130 ft²
$999,999
bedrooms
5 Bed
bathrooms
3 Bath
square feet
2130 ft²
$971,000 -2.90%
09/19/2024
Jacqueline Steed
Reliable Realty Inc.

Building Info

2039 Rice Canyon Road 2039 Rice Canyon Road, Fallbrook, CA 92028
More about this Building
2039 Rice Canyon Road
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