1211 E Mission Road, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath
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Fallbrook, California 92028
This Versatile Residential-Commercial Property is a Strong Value Opportunity, listed at $799,000—positioned well below the $851,777 Fair Market Value by 6%. This valuation gap provides $52,777 in Instant Equity. Boasting a Good Condition Rating, the home features an upgraded kitchen, owned solar, and a private pool. The rare 2.3% assumable VA loan and dual zoning offer unmatched financial and professional flexibility within the Fallbrook Union district. This is an ideal acquisition for Business Owners or Owner-Occupants seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1211 E Mission Road Subject | $799,000* List Price | 4 | 3 | 2,125 | $401 | - |
A 931 La Rue Sold | $820,000 | 4 | 2 | 1,833 | $447 | 1.0 mi |
B 503 Potter Sold | $715,000 | 4 | 3 | 1,641 | $436 | 0.7 mi |
C 831 N Orange Avenue Sold | $560,000 | 4 | 2 | 1,644 | $341 | 0.6 mi |
D 508 Village View Place Sold | $739,000 | 3 | 2 | 1,676 | $441 | 0.7 mi |
E 842 Porter Way Active | $900,000 List Price | 4 | 3 | 2,246 | $401 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property has undergone significant recent renovations that make it move-in ready. The interior features updated LVP flooring, recessed lighting, and modern mini-split HVAC systems. The kitchen and bathrooms have been modernized with contemporary fixtures, shaker-style cabinetry, and stainless steel appliances. While the 1957 structure is aged, the addition of owned solar and a whole-house water softener adds value. The rating is 'good' rather than 'excellent' due to some visible unfinished cabinetry elements in the kitchen and the overall age of the primary structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10516, living area = 2125.
The property features a rare 2.3% interest rate assumable VA loan, providing a massive financial advantage and significant monthly savings in the current market.
With both Residential and Commercial zoning, this property offers unique flexibility for business owners to create a storefront or office with high visibility.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Located on E Mission Road for commercial visibility, the property likely faces significant street noise and reduced privacy for residential occupants.
Built in 1957, the property may have underlying aging systems or structural elements that require more maintenance than a modern build, despite recent interior updates.
RARE OPPORTUNITY! Residential + Commercial Zoning This unique 4 Bedroom 3 Bathroom property offers the perfect blend of flexibility and potential, ideal for homeowners, investors, or business owners alike. Create a boutique storefront, office space, or bring your vision to life with prime accessibility and visibility. Highlights include owned solar, upgraded kitchen and bathrooms, beautiful built-ins, a whole house water softener, large private pool with diving board and RV parking complete with a 50 amp hookup. If you’re dreaming of an inviting home, a thriving small business, or a combination of both, this property delivers unmatched versatility along with the small town charm of Fallbrook. Don't miss your chance to secure something that truly stands out in today’s market. RARE OPPORTUNITY! Residential + Commercial Zoning PLUS an ASSUMABLE 2.3% Interest Rate VA Loan!! This unique 4 Bedroom 3 Bathroom property offers the perfect blend of flexibility and potential, ideal for homeowners, investors, or business owners alike. Create a boutique storefront, office space, or bring your vision to life with prime accessibility and visibility. Highlights include owned solar, upgraded kitchen and bathrooms, beautiful built-ins, a whole house water softener, large private pool with diving board and RV parking complete with a 50 amp hookup. If you’re dreaming of an inviting home, a thriving small business, or a combination of both, this property delivers unmatched versatility along with the small town charm of Fallbrook. Don't miss your chance to secure something that truly stands out in today’s market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,125 | 2,414 | 38% |
| Lot Size | 10,516 | 30,492 | 37% |
| Price | $799.0K | $929.5K | 30% |
| Price per sq ft | $376 | $416 | 35% |
| Built year | 1957 | 1991 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 181 | 8% |
Apr 14, 2026
$799,000
Initial Listing
Sep 22, 2021
$650,000
Public Record
Feb 24, 2020
$537,500
Public Record
Jul 14, 2017
$405,000
Public Record
Aug 29, 2013
$327,000
Public Record