Turn Key Home in
For Sale
$485,000
Pending
4650 Dulin 178, Fallbrook, CA 92028
Home in active 55+ community with many amenities.
Property Size1,691 SF
Lot Size9,613.00 Acres
Days on Market314
Property Features for 4650 Dulin 178
General Information
Standard status
Pending
Size
1,691 SF
Lot size
9,613.00 Acres
Property subtype
Other
Building Details
Building Size
1,691 SF
Year Built
1985
Stories
1
Listed By:
Jan Carver · License #00710840
(714) 315-0993
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 5
Last Checked: Oct 7 at 1:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jan Carver
Investment Insights
Based on property information with market context.
This turn-key home is located in Rancho Monserate Country Club. The property features an open, light, and bright floor plan with two large bedrooms and an office that could serve as a third bedroom. The home is situated on a large lot with a lush backyard, offering privacy, gardens, fruit trees, and a patio. The master bedroom includes a sliding back door that opens to the yard. A large wood shed with electricity provides storage. Residents can enjoy free golf, tennis, pickle ball, RV storage, walking trails, and a dog park, among other amenities and activities in this active 55 plus park.
Key Highlights
- Turnkey home in Rancho Monserate Country Club, an active 55+ community.
- Free golf, tennis, pickleball, RV storage, walking trails, and dog park.
- Open, light, and bright floor plan with two large bedrooms plus an office/third bedroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,097
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,940
$561.9K
Cap Rate 7%
$401,386
$401.4K
Cap Rate 9%
$312,189
$312.2K
Market Conditions
NOI Build-Up for 1,691 SF
Gross rent
$53.8K $31.80/SF
− Vacancy
−$2.7K −$1.59/SF
EGI
$51.1K $30.21/SF
− OpEx
−$23.0K −$13.59/SF
NOI
$28.1K $16.62/SF
Area
San Diego County, CA
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,940
Cap Rate 7%
$401,386
Cap Rate 9%
$312,189
Alternative Uses
Best Use
Apartment 5plus
$401.4K
$351.2K – $468.3K
NOI $28,097 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$774.8K
$677.9K – $903.9K
NOI $54,233 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 92028, CA
51,614
Population
17,985
Households
2.9
Avg Household Size
41
Median Age
35%
College-Educated
87%
High-School Grad
116.7 sq mi
ZIP Area
442
Density / Sq Mi
$102,346
Median Household Income
$46,862
Median Earnings
$1,743
Median Rent
$781,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Home in active 55+ community with many amenities.
Where is this mobile home & rv park located?
The property is located at 4650 Dulin 178 Fallbrook, CA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Turnkey home in Rancho Monserate Country Club, an active 55+ community.; Free golf, tennis, pickleball, RV storage, walking trails, and dog park.; Open, light, and bright floor plan with two large bedrooms plus an office/third bedroom.
