2005 07 Camino Rainbow
Multi-Family $ 1,150,000

2005 07 Camino Rainbow

Fallbrook, CA 92028

Open House

Sun Sep 27, 2:30pm - 5:00pm

  • 1,920 Lot Size
  • 1970 Year Built
Beautifully renovated duplex situated on a spacious lot in the desirable Rainbow/Fallbrook community, offering an exceptional opportunity for investors, owner-occupants, or multigenerational living. Both residences have undergone extensive renovations with thoughtful updates throughout, creating a clean, modern, turnkey property that reflects exceptional pride of ownership. Improvements include new flooring, windows, upgraded kitchens with modern countertops and custom islands, remodeled bathrooms, updated fixtures, sinks, faucets, tile work, recessed lighting, Wi-Fi-enabled mini-split heating and cooling systems, smart-home features, landscaping, fencing, and independent updated electrical panels for each residence. Each unit offers comfortable and functional living spaces with modern finishes throughout. The expansive lot has been improved and graded, providing generous outdoor space and exciting possibilities for future expansion. The property may offer potential for adding an ADU and Junior ADU, creating an opportunity for additional living space, multigenerational use, or future rental income. Additional possibilities may include ranch or equestrian use, hobby farming, or other improvements. All future development and uses are subject to applicable County requirements, zoning, permits, and buyer verification. Conveniently located just minutes from Interstate 15, the property offers the privacy and space of country living while maintaining easy access to Fallbrook, Temecula, and surrounding North County communities. A rare opportunity to own a beautifully remodeled, income-producing two-home property offering modern amenities, usable land, flexibility, and exciting future potential. Live in one and rent the other, create a multigenerational compound, explore the potential for an ADU and JR ADU, or add this unique property to your investment portfolio.
Listed by Erick Ciprian of Premier Agency R.E. Inc

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID PTP2607291

    HOA Y/N No

    Year Built 1970

    Lot Size 1,920 Sqft

    Property Sub-Type Duplex

  • Location

    State CA

    County San Diego

    Area 92028 - Fallbrook

    Zoning R-1

  • Building

    Lot Description 0-1 Unit/Acre

    Story 1

    Sewer Public Sewer

    New Construction No

  • Interior

    Cooling See Remarks

    Fireplace No

    Appliance Gas Oven, Gas Range, Microwave

    Laundry Laundry Closet

  • Exterior

    Pool None

    Community Features Curbs, Foothills, Rural, Sidewalks

    View Y/N No

    Total Parking Spaces 6

    Private Pool No

  • Others

    Senior Community No

    Tax ID 1026305100

    Acceptable Financing Cash, Conventional, VA Loan

    Listing Terms Cash, Conventional, VA Loan

    Special Listing Condition Standard

    Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607291

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CONTACT

Erick Ciprian
Erick Ciprian

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