4644 La Canada Road, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath
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Fallbrook, California 92028
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.
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 The images confirm this, showcasing a very old kitchen with original-style wood cabinets, tiled countertops, and outdated fluorescent panel lighting.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.
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.
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.
A large 39,204 sqft lot provides ample space for gardening, raising avocados, growing grapes, and owning horses, appealing to lifestyle and agricultural interests.
Explicitly stated that 'The house needs repairs,' indicating a requirement for immediate and potentially significant investment to bring the property to a desirable standard.
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).
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.
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.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-6 • 4.9 mi
Grades K-6 • 5.0 mi
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 | 1,647 | 2,414 | 18% |
| Lot Size | 39,204 | 30,492 | 51% |
| Price | $901.0K | $924.5K | 48% |
| Price per sq ft | $547 | $417 | 90% |
| Built year | 1954 | 1991 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 358 | 180 | 98% |
Nov 1, 2025
$900,999
$1,200,000
-25% Price Drop
Initial Listing
Apr 29, 2025
$1,200,000
Initial Listing