$715,000
●
House -
Off Market
2160 Gird Road
Fallbrook, CA 92028
3 Beds
2 Baths
1,920 Ft²
$3,433
Est. Monthly
About This Property
Value-add opportunity in a desirable Fallbrook location! Situated
on over 2 level, usable, and fully fenced acres, this single-story
property offers endless potential for investors, contractors, or
buyers looking to renovate and build equity. The home features 3
bedrooms, 2 bathrooms, plus a sunroom and separate laundry room,
providing a flexible floor plan ready for your vision.
The property includes a gated and cross-fenced lot, a detached shop with electricity, outdoor electrical hookups for RVs or trailers, and easy access throughout the parcel. Existing improvements include central heating and air conditioning, a 2-year-old water heater, a wood-burning stove, a newer deck off the primary bedroom, and a spacious kitchen pantry. The septic system has been recently pumped and certified.
Bring your ideas and transform this property into something special. With usable acreage, valuable infrastructure already in place, and a sought-after Fallbrook location, this is an outstanding opportunity to renovate, invest, or create your own rural retreat. Property is being sold in its present condition.
The property includes a gated and cross-fenced lot, a detached shop with electricity, outdoor electrical hookups for RVs or trailers, and easy access throughout the parcel. Existing improvements include central heating and air conditioning, a 2-year-old water heater, a wood-burning stove, a newer deck off the primary bedroom, and a spacious kitchen pantry. The septic system has been recently pumped and certified.
Bring your ideas and transform this property into something special. With usable acreage, valuable infrastructure already in place, and a sought-after Fallbrook location, this is an outstanding opportunity to renovate, invest, or create your own rural retreat. Property is being sold in its present condition.
Unit Size
1,920 Ft²
Days on Market
40 days
Land Size
2.10 acres
Price per sqft
$364
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (CRMLS #SW26143268)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Listed by Rawson & Associates | $699,000 | |
| Listed by Rawson & Associates | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About San Diego
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Listed by: Rolf Rawson, Rawson & Associates
Last Updated: 3 months ago
Data Source: CRMLS, MLS# SW26143268
Last Updated: 3 months ago
Data Source: CRMLS, MLS# SW26143268
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