2864 Live Oak Park
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2026 | Listed by Fairway and Ranch Realty | $1,600,000 | |
| Listed by Fairway and Ranch Realty | |||
| Aug 1, 2026 | Listed by Fairway and Ranch Realty | $1,600,000 | |
| Listed by Fairway and Ranch Realty | |||
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Ideally located along Live Oak Park Road in Fallbrook, this approximately 20-acre property offers gentle to rolling terrain, established citrus farming operations and very convenient access to Interstat 15.
The property presents a wide range of possibilities, including continued agricultural use, the development of a private custom estate, an equestrian property, or possible subdivision into smaller estate parcels. (zoning allows for 2 Acre minimums) The surrounding neighborhodd includes approximately 2-acre residential estates and an esablished horse ranch, enhancing the propertty's appeal for Buyers seeking acreage in a desirable setting.
An adjoining, exceptionlly flat approximately 10 acre parcel is also offered for sale. The Seller will consider selling the parcels together, creating a rare approximately 30-acre opportunity for an expansive equestrain estate-ranch, agricultural operation, custom residential estate compound or potential future subdivision development.
Existing wells and irrigation infrastructure currently support the citrus groves. The Seller may also consider continuing to farm and maintain the property after the close of escrow, until the new owner is ready to assume the agricultural operations or proceed with their future plans, subject to a mutually acceptable agreement.
Three older modular structures are included in the sale and will be conveyed strictly in their present "as is" condition. The Seller will not make repairs or provide credits relating to these structures. Buyer should independaently investigate their condition, permits,legal status and suitability for any intended use.
Buyer to independently investigate and verify all matters relating to acreage, zoning, subdivision potential, permitted uses, structures, water availability, well production, irrigation systems,utilities, access, development requirements and the suitability of the property for the Buyers' intended use.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017