868 E Alvarado 7, Fallbrook, California 92028, Fallbrook, 92028 - 2 bed, 2 bath

868 E Alvarado 7, Fallbrook, California 92028 home-pic-0
ACTIVE$365,000
868 E Alvarado 7, Fallbrook, California 92028
2Beds
2Baths
945Sqft
146,889Lot
Year Built
1980
Close
-
List price
$365K
Original List price
$380K
Price/Sqft
$386
HOA
$450
Days on market
-
Sold On
-
MLS number
PW25232903
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $365.0K(7th), sqft - 945(13th), beds - 2(50th), baths - 2(50th).

Complex is VA approved. Don’t miss this exceptional opportunity to own a beautifully remodeled condo! This spacious unit features upgraded wide-plank vinyl flooring and modern sinks, offering both comfort and contemporary style. The living room window captures unobstructed, peaceful mountain views, filling the space with natural light. You can also step out onto the walkway to enjoy the serene mountain scenery anytime you wish. A private balcony provides additional outdoor relaxation space. Two dedicated parking spaces add to the home’s convenience. The community offers outstanding amenities including a pool, hot tub, playground, and an on-site laundry room. The HOA covers water, sewer, and trash, making everyday living simple and affordable. Ideally located with quick access to downtown Fallbrook and the I-15 freeway, this home delivers the perfect combination of comfort, convenience, and charm. As the lowest-priced condo currently on the market, it’s an opportunity you won’t want to miss. A must-see home!

Price History

Date
Event
Price
12/12/25
Price Change
$365,000-3.9%
10/16/25
Listing
$379,998
Condition Rating
Good

The condo, built in 1980, has undergone a significant interior remodel, featuring upgraded wide-plank vinyl flooring and modern sinks, which gives it a move-in ready, contemporary feel. While the building's age and the visible wall-mounted heating unit suggest some older systems, the unit itself appears well-maintained and updated within the last 5-15 years, aligning with the 'Good' criteria for extensive renovation and minimal wear and tear. The lack of specific details on kitchen appliances and full bathroom renovations beyond sinks prevents an 'Excellent' rating.
Pros & Cons

Pros

Remodeled & Upgraded Interior: The condo has been beautifully remodeled with upgraded wide-plank vinyl flooring and modern sinks, offering contemporary style and comfort.
Desirable Views & Outdoor Space: Enjoy unobstructed, peaceful mountain views from the living room window and a private balcony, providing serene outdoor relaxation.
Comprehensive Community Amenities: The complex boasts outstanding amenities including a pool, hot tub, playground, and an on-site laundry room, enhancing lifestyle and value.
HOA Inclusions & VA Approval: The HOA covers water, sewer, and trash, reducing monthly expenses, and the complex is VA approved, broadening the potential buyer pool.
Competitive Pricing & Convenient Location: Currently the lowest-priced condo on the market, offering excellent value, coupled with quick access to downtown Fallbrook and the I-15 freeway.

Cons

Age of Building: Built in 1980, the building's age could imply potential for older common area infrastructure or maintenance needs not covered by the unit's interior remodel.
Monthly Association Fee: The $450 monthly association fee, while inclusive of some utilities, represents a significant recurring cost that adds to the overall housing expense.
Compact Living Space: With 945 square feet, the unit offers a relatively compact living area, which might be a limitation for buyers seeking more expansive space or for growing families.

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