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    2005 Camino Rainbow 07 Fallbrook, CA 92028

    Under Contract
    For Sale
    $699,000

    Duplex - Fallbrook, CA

    Type:Duplex
    Property size:
    1,920 SF
    Lot size:
    25,700.40 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 2005 Camino Rainbow 07

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active Under Contract
    Zoning
    R-1:SINGLE FAM-RES
    Rooms
    Bedroom 1, Bedroom 2
    Bedrooms
    2
    APN
    1026305100
    Exterior features
    Community Features Included: Rural, Lot 20000-39999 Sqft
    Size
    1,920 SF
    Lot size
    25,700.40 Acres

    Building Details

    Year built
    1970
    Floors in Building
    1
    Number of units
    2
    Architectural style
    Other

    EW Fredenburg Real Estate, Inc (760) 533-1076 [email protected]

    Listing agent Eric Fredenburg (760) 644-8695 License #01880547

    Listing date Sep 29, 2025

    MLS# NDP2508940 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Duplex in Rural Fallbrook Community

    This duplex is located in the rural Fallbrook community of Rainbow, California. Situated on a 0.59-acre parcel, the property features two units, each with two bedrooms and one bathroom, and approximately 960 square feet of living space, totaling 1920 square feet. Both units are tenant-occupied, providing immediate rental income. Each unit has a fenced front yard, and the north unit includes a large fenced backyard. The south unit has access to the remaining section of the large, flat lot, which features various fruit and citrus trees bordering the property. Two outbuildings provide storage and contribute to the rustic county feel. The property is serviced by an advanced treatment septic system. The zoning is R-1:SINGLE FAM-RES.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Fallbrook
    County
    San Diego
    State
    California
    Longitude
    -117.265
    Latitude
    33.3988

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    FAQs

    What type of property is this?
    Duplex - Quaint duplex in Fallbrook, CA with immediate rental income potential.
    Where is this duplex located?
    The property is located at 2005 Camino Rainbow 07 Fallbrook, CA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Immediate rental income potential from tenant-occupied duplex.; - Opportunity to live in one unit and rent the other.; - Large 0.59 acre lot with fruit and citrus trees.
    (760) 644-8695
    Request Owner's contact information
    2005 Camino Rainbow 07 Fallbrook, CA 92028
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    Fallbrook, CA 92028
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2005 Camino Rainbow 07 Fallbrook, CA 92028
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