420 26 N Vine Street
Fallbrook, CA 92028
- – beds
- – baths
- – sqft
- 7,050 sqft lot
- 1975 build
- – on site
Prime Investment & Instant Equity Opportunity in Fallbrook – Act Fast! This is your chance to secure a high-potential, value-add four-plex in the heart of Fallbrook! Whether you’re an investor seeking immediate cash flow or an owner-occupant looking to offset your mortgage with rental income, this property delivers. The spacious three-bedroom, 2½-bath unit is perfect for a primary residence, while the three additional two-bedroom, one-bath units provide steady rental income.(Picture of the furnished living room is digitally staged) Long-term tenants (5+ years) ensure reliable cash flow, while the new owner improves one unit at a time! But here’s where the real opportunity lies, this is a handyman special, a fixer’s dream with deferred maintenance that, once addressed, unlocks huge upside potential. With strategic upgrades, you can maximize rents, boost property value, and gain instant equity. Additional perks include on-site laundry for extra income, private garages for each unit, and additional parking space, all features tenants love. Located just steps from Main Street and local shops, plus easy I-15 access, this property is in a prime rental location. Deals like this don’t last! With a little bit of elbow, grease, you’ll unlock built-in value that would normally take years of market appreciation to achieve. Don’t let this opportunity pass you by, this one will get snapped up by a savvy investor or entrepreneur who knows that with a little risk the rewards can be exponential. Drive by today, but do not disturb tenants. Interior viewings available with the listing agent present!
Last checked:
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Last updated Mar 16, 2025
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MLS# NDP2502498 —
The Building
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Year Built:1975
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4232.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Entry Location:Front door
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Fireplace:No
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Laundry:Community
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Laundry:1
Location
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Directions:E Mission Rd, turn north on N Vine St. property is on the left.
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Latitude:33.38508700
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Longitude:-117.25053900
The Property
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Property Type:Residential Income
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Zoning:R-3:RESTRICTED MULTIPLE
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Lot Features:2-5 Units/Acre
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Lot Size Area:7050.0000
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Lot Size Acres:0.1618
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Lot Size SqFt:7050.00
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Lot Size Source:Assessor
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Fence:No
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:000567
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Tax Lot:Tr 567 Blk 38 Lot 3
The Listing
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Special Listing Conditions:Standard
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Parcel Number:1031330600
Heating & Cooling
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Cooling:No
Utilities
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Sewer:Public Sewer
Appliances
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Included:No
The Community
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Neighborhood:Fallbrook
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Features:Curbs
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
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Assessments:None
Parking
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Parking:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/15/25
Mar 15, 2025
|
Listed / Active | CRMLS_CA | $1,050,000 |