4644 La Canada Road, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath
4644 La Canada Road
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 4644 La Canada Road, Fallbrook, California 92028 reveals a property with a current list price of $900,999, which is 25% above the estimated $671,688 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1954, the property explicitly states it 'needs repairs' and has 'dated infrastructure.' The images confirm this, showcasing a very old kitchen with original-style wood cabinets, tiled countertops, and outdated fluorescent panel lighting. The bathroom is similarly dated with a tiled vanity and old flooring. While the property is not a tear-down, it requires substantial repairs and rehabilitation throughout, particularly in the kitchen and bathrooms, to meet current quality and comfort standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39204, living area = 1647.
- Exceptional Income-Generating Potential
The property offers a clear path to substantial rental income by adding two ADUs and renting the main house, projected at $8,000 per month, presenting a strong investment opportunity.
- Expansive Lot with Agricultural & Equestrian Opportunities
A large 39,204 sqft lot provides ample space for gardening, raising avocados, growing grapes, and owning horses, appealing to lifestyle and agricultural interests.
CONSRISKS & DEFICIENCIES
- Immediate Need for Repairs and Renovation
Explicitly stated that 'The house needs repairs,' indicating a requirement for immediate and potentially significant investment to bring the property to a desirable standard.
- Dated Infrastructure of an Older Home
Built in 1954, the property likely features older systems and construction, which could lead to higher maintenance costs and potential needs for major upgrades (e.g., plumbing, electrical, roofing).
- Absence of Mentioned Cooling System
For a property in California, the lack of a specified cooling system (such as central air conditioning) could be a significant discomfort and additional expense for future installation, especially during hot periods.
About 4644 La Canada Road
Welcome to 4644 La Canada Rd. Fallbrook! Available for sale. The house needs repairs but it's great for gardening, raising avocados, or turn it into a profit center by building two casitas on the large lot. All bedrooms Down, Bedroom on Main Level, Main Level Master. There's plenty of room to add two 10 X 12 Additional Dwelling Units (ADU) and rent them out for $2,500 per month each and rent the main house for $3,000 to collect rental income of $8k per month. Excellent opportunity to own horses, and grow grapes in Fallbrook. This home is perfect to update to the specifications of your dream home.Fallbrook, renowned for its vibrant community, hosts a variety of events, from the celebrated Avocado Festival to art shows, farmers markets, and live music performances, ensuring a lively and engaging lifestyle. Experience the serene countryside in this exceptional Fallbrook area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 39,204 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Bonsall Elementary School
Grades K-5 • 1.5 mi
La Paloma Elementary School
Grades K-6 • 4.9 mi
Fallbrook Street Elementary School
Grades K-6 • 5.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,647 | 2,281.5 | 21% |
| Lot Size | 39,204 | 27,007.1 | 53% |
| Price | $901.0K | $909.5K | 50% |
| Price per sq ft | $547 | $423 | 89% |
| Built year | 1954 | 1991 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 312 | 179 | 93% |
Pricing History
Listed for Sale
Nov 1, 2025
$900,999
$1,200,000
-25% Price Drop
Initial Listing
Price Change
Apr 29, 2025
$1,200,000
Initial Listing