868 E Alvarado 44, Fallbrook, California 92028, Fallbrook, 92028 - 2 bed, 1 bath
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868 E Alvarado 44
Fallbrook, California 92028
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
780Sq Ft
0Lot Size
Property Price
LIST PRICE$355,000
EST. MARKET VALUE
$323,520
9% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $365,000—positioned slightly above the $362,073 Fair Market Value. While the price reflects the market, the seller is providing a $10,000 closing cost credit, effectively lowering the net cost. Featuring a Renovated Kitchen, Scenic Hill Views, and an Excellent Condition Rating, this home offers a stress-free lifestyle with community pool and spa access. It is an ideal choice for first-time buyers or downsizing professionals seeking a move-in ready residence in Fallbrook.
Estimated Market Value
$323,520
Based on Realkey algorithm analyzing recent comparable sales in Fallbrook.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 868 E Alvarado 44 Subject | $355,000* List Price | 2 | 1 | 780 | $415 | - |
A 868 E Alvarado 7 Sold | $370,000 | 2 | 2 | 945 | $392 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1980, the property has undergone a recent comprehensive renovation (likely <5 years) featuring a modern kitchen with stainless steel appliances, sleek countertops, and upgraded cabinetry. The interior shows new flooring and fresh paint throughout, qualifying it as turnkey and mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Seller Incentives
The seller is offering a $10,000 credit toward closing costs, providing substantial financial relief and making the property highly attractive to first-time buyers.
- Turnkey Modern Renovations
The unit features a fully remodeled kitchen with sleek countertops and stainless steel appliances, along with an updated bathroom and indoor laundry, ensuring a move-in-ready experience.
- Scenic Views and Natural Light
Boasting rare scenic hill views from every window and a private patio, the property offers an enhanced sense of space and tranquility not typically found in similar condominiums.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- High Monthly HOA Fees
The association fee of $480 per month is relatively high for a 780-square-foot unit, which may impact overall affordability and the buyer's monthly budget.
- Limited Living Space
With only 780 square feet and a single bathroom, the property's compact footprint may be a constraint for those seeking more functional space or long-term flexibility.
About 868 E Alvarado 44
SELLER IS OFFERING A $10,000 CREDIT TOWARDS BUYERS CLOSING COSTS! Don't miss this beautifully updated 2 bedroom, 1 bath gem offering turnkey comfort and incredible value, complete with scenic views from every single window! The renovated kitchen shines with sleek countertops, a stylish tile backsplash, stainless steel appliances, and upgraded cabinetry. Relax in the oversized primary bedroom featuring a massive walk in closet, or enjoy the convenience of dedicated indoor laundry in the updated bathroom. Step outside to your private patio with serene views. Complete with two dedicated parking spaces and community amenities, including a pool, hot tub, playground, and lush green belts. Move right in!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $480.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 1.0 | 3.0 |
| Square foot | 780 | 1,478.714 |
| Lot Size | - | 344,694.857 |
| Price | $355.0K | $587.9K |
| Price per sq ft | $455 | $406 |
| Built year | 1980 | 2013 |
| HOA | $480.0 | $404 |
| Days on market | 48 | 86 |
Pricing History
Listed for Sale
Aug 29, 2026
$355,000
$365,000
-3% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$365,000
Initial Listing
Sold
Aug 27, 2024
$332,000
Public Record
Sold
Aug 24, 2017
$190,000
Public Record
Sold
Apr 26, 2010
$58,500
Public Record
Sold
Aug 8, 2002
$129,000
Public Record