
Fallbrook, California 92028
This Turnkey Condominium represents a Strong Value Opportunity, listed at $370,000—positioned slightly above the $352,982 Fair Market Value. While the list price reflects a premium, the property maintains a Condition Rating of 3, featuring a modernized Granite Kitchen and newer flooring. Residents enjoy a serene lifestyle with access to a Community Pool and Spa and Distant Mountain Views. Its central location offers excellent walkability to downtown Fallbrook. This well-maintained residence is an ideal acquisition for first-time buyers or downsizing professionals seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 868 E Alvarado 28 Subject | $370,000* List Price | 2 | 2 | 945 | $374 | - |
A 868 E Alvarado 7 Sold | $370,000 | 2 | 2 | 945 | $392 | - |
B 868 E Alvarado 44 Active | $355,000 List Price | 2 | 1 | 780 | $455 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1980, the property features a renovated kitchen with granite countertops and stainless steel appliances, plus newer flooring throughout. The interior presents as well-maintained and move-in ready, consistent with a 5-15 year renovation cycle.
The property features an updated kitchen with granite countertops and stainless steel appliances, complemented by newer flooring throughout for a move-in-ready feel.
As an upstairs corner unit, this home offers enhanced privacy, reduced neighbor noise, and better natural light compared to interior units.
Ideally situated in the heart of Fallbrook, the home provides excellent walkability to local shops and dining, with quick access to I-15 for commuters.
The monthly HOA fee of $480 is relatively high for this price point, which may impact overall affordability and the buyer's debt-to-income ratio.
The reliance on community laundry facilities rather than private in-unit hookups is a notable inconvenience for modern residential living.
Discover comfortable downtown living in this private upstairs corner-unit condominium, ideally situated in the heart of Fallbrook. Offering two generous bedrooms and two full bathrooms, this well-designed home provides a comfortable and functional layout. The updated kitchen features granite countertops, stainless steel appliances, and plenty of cabinet storage, while newer flooring throughout brings a clean, contemporary feel. The light-filled living space extends to a private balcony, providing a peaceful spot for morning coffee, outdoor relaxation, or enjoying the evening breeze. Located within The Oaks community, the home enjoys a serene setting surrounded by mature trees and gently rolling slopes. Residents have access to an array of amenities, including a community pool and spa, tot lot play areas, laundry facilities, and convenient parking. The location puts the best of downtown Fallbrook close at hand, with local shops, restaurants, entertainment, and community gathering spaces just blocks away. For commuters, I-15 is less than 10 minutes from home, providing easy connections throughout North San Diego County and beyond. Combining a peaceful community setting with a convenient downtown location, this inviting condominium offers an appealing opportunity to enjoy the best of Fallbrook living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 2.0 | 3.0 |
| Square foot | 945 | 1,478.714 |
| Lot Size | - | 344,694.857 |
| Price | $370.0K | $587.9K |
| Price per sq ft | $392 | $406 |
| Built year | 1980 | 2013 |
| HOA | $480.0 | $404 |
| Days on market | 5 | 86 |
Sep 4, 2026
$370,000
Initial Listing
Nov 23, 2022
$326,000
Public Record
Dec 22, 2015
$152,500
Public Record
Sep 11, 2002
$122,000
Public Record
Aug 8, 2002
$143,000
Public Record