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2005 Camino Rainbow Fallbrook, CA 92028

For Sale
$699,000

Duplex with rental income potential in Rainbow, California.

Lot size:
0.59 Acres

Property Features for 2005 Camino Rainbow

General Information

Lot size
0.59 Acres

Building Details

Year built
1970

Source: Peace Castle Properties Agent Eric Fredenburg

Displayed information 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. The property consists of two units, each featuring 2 bedrooms and 1 bathroom, with approximately 960 square feet of living space. Situated on a 0.59-acre parcel, the property is serviced by an advanced treatment septic system. 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. This property offers the opportunity to live in one unit and rent the other, maximizing rental income while enjoying a peaceful country setting.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy Wholesale Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fallbrook
County
San Diego
State
California
Longitude
-117.1474092
Latitude
33.4086796

FAQs

What type of property is this?
Duplex - Duplex with rental income potential in Rainbow, California.
Where is this duplex located?
The property is located at 2005 Camino Rainbow 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: - Income-producing duplex: Immediate rental income from two tenant-occupied units.; - Live-and-rent option: Live in one unit and rent the other for supplemental income.; - Large lot: Situated on a 0.59-acre parcel with fruit and citrus trees.
More about this property
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