Bring your investors. Unit A 3 bd 1bth unit B 2bd 1 bth. close to town on quiet street. Newer roof, newer windows, tile floors throughout. Don't let your investors miss this. Detached garage in back.
Multi-familyProperty Type
1956Year Built
0.28 acresLot Size
3 car garageParking
Listed by Michael Taylor•DRE #00897348• RE/MAX Connections
Bought with Kim Murphy•DRE #01229921• The Jacques Company
Bank owned 2 unit property great for the investor, needs some work but at this price it's worth it. Front unit is a 3/1 and the rear unit is a 2/1. Financing may be tough. Cash or hard money may be needed.
CRMLS #T08031563
Aug 18, 2008
Listing Removed
—
Aug 13, 2008
Sold
$255,000
May 6, 2008
Price Changed
$265,410
Apr 8, 2008
Price Changed
$294,900
Mar 3, 2008
Listed
$299,900
Bank Owned Duplex in fallbrook. The main unit a a 3 bed 1 bath and the bank unit is a 2 bed 1 bath. Property needs work throughout but this is a great deal. Live in the main unit and rent out the rear unit or purchase as an investment. Please call for details on the work that needs to be done. There is also a detached garage at the rear of the property. Located right next to downtown fallbrook the location on this property is excellent.
CRMLS #71076355
Mar 1, 2008
Listing Removed
—
Sep 25, 2007
Listed
$450,000
Public Records
Mar 23, 2006
Sold
$530,000
CRMLS #51069607
Mar 23, 2006
Sold
$499,000
Sep 19, 2005
Listed
$530,000
Public Records
Nov 20, 2001
Sold
$240,000
Public Records
Oct 20, 1995
Sold
$125,000
Public Records
Aug 13, 1990
Sold
$170,000
Public Records
May 30, 1990
Sold
$170,000
Year
Property tax
Land + Additions
Assessment*
2025
$4,077 (+2.4%)
$172,953 + $211,386
$384,339
2024
$3,980 (+2.9%)
$169,562 + $207,242
$376,804
2023
$3,867
$166,238 + $203,179
$369,417
2022
$3,868 (+3.2%)
$162,979 + $199,196
$362,175
2021
$3,748 (−0.9%)
$159,784 + $195,291
$355,075
2020
$3,783 (+1.8%)
$156,651 + $191,462
$348,113
2019
$3,716 (+1.5%)
$155,045 + $189,499
$344,544
2018
$3,660 (+2.0%)
$152,005 + $185,784
$337,789
2017
$3,589 (+2.9%)
$146,103 + $178,571
$324,674
2016
$3,488 (+1.8%)
$146,103 + $178,571
$324,674
2015
$3,425 (+1.9%)
$143,239 + $175,070
$318,309
2014
$3,361 (+1.1%)
$138,325 + $169,064
$307,389
2013
$3,325 (+15.6%)
$138,325 + $169,064
$307,389
2012
$2,875 (+2.4%)
$137,700 + $168,300
$306,000
2011
$2,809 (+1.8%)
$158,911 + $102,524
$261,435
2010
$2,759 (+1.0%)
$155,796 + $100,514
$256,310
2009
$2,731 (−50.6%)
$154,632 + $99,763
$254,395
2008
$5,523
$155,000 + $100,000
$255,000
Tax history for 233 E College St
Year
Property tax
Land + Additions
Assessment*
2025
$4,077 (+2.4%)
$172,953 + $211,386
$384,339
2024
$3,980 (+2.9%)
$169,562 + $207,242
$376,804
2023
$3,867
$166,238 + $203,179
$369,417
2022
$3,868 (+3.2%)
$162,979 + $199,196
$362,175
2021
$3,748 (−0.9%)
$159,784 + $195,291
$355,075
2020
$3,783 (+1.8%)
$156,651 + $191,462
$348,113
2019
$3,716 (+1.5%)
$155,045 + $189,499
$344,544
2018
$3,660 (+2.0%)
$152,005 + $185,784
$337,789
2017
$3,589 (+2.9%)
$146,103 + $178,571
$324,674
2016
$3,488 (+1.8%)
$146,103 + $178,571
$324,674
2015
$3,425 (+1.9%)
$143,239 + $175,070
$318,309
2014
$3,361 (+1.1%)
$138,325 + $169,064
$307,389
2013
$3,325 (+15.6%)
$138,325 + $169,064
$307,389
2012
$2,875 (+2.4%)
$137,700 + $168,300
$306,000
2011
$2,809 (+1.8%)
$158,911 + $102,524
$261,435
2010
$2,759 (+1.0%)
$155,796 + $100,514
$256,310
2009
$2,731 (−50.6%)
$154,632 + $99,763
$254,395
2008
$5,523
$155,000 + $100,000
$255,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
1956
Sq. Ft.
1,892
Year built
1956
Style
Multi-Family (2-4 Unit)
County
San Diego County
APN
1040561000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
Property details
Interior
Interior Features
Levels: One
Unit Type 1 Information
Unit Key Numeric: 10910041
Listing Key Numeric: 367065175
Actual Rent: $1,300
Total # of Baths: 1
Total # of Beds: 3
# of Garage Spaces: 1
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10910042
Listing Key Numeric: 367065175
Actual Rent: $1,000
Total # of Baths: 1
Total # of Beds: 2
# of Garage Spaces: 1
Total # of Units: 2
Multi-Unit Information
# of Units With Range: 2
# of Units With Patio: 1
# Of Buildings: 3
Exterior
Exterior Information
Roof: Composition
Fencing: Partial
Has Fence
Lot Information
Lot Size Source: Assessor's Data
Lot Size Dimensions: 60 x 203
Lot Features: Sprinklers None
Lot Dimensions Source: Seller
Property Information
Total # of Units: 2
Parcel Number: 1040561000
Total # of Stories: 1
Utilities
Utilities Information
Sewer: Other
Location
Location Information
Other Subdivision Name: FALLBROOK
Directions: [Cross Street(s)]: Main St.
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,892
Stories: —
Lot Size: 0.27 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1956
Year Renovated: 1956
County: San Diego County
APN: 1040561000
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
Days Active in MLS: 8
Continuous Days Active in MLS: 7
Listing Agent Information
List Agent First Name: Michael
List Agent Last Name: Taylor
Listing Office Information
List Office Name: RE/MAX United
Selling Agent Information
Buyer Agent First Name: Kim
Buyer Agent Last Name: Murphy
Selling Office Information
Buyer Office Name: The Jacques Company
Around this home
Schools
William H. Frazier Elementary School
Public K-6 • Assigned • 1.5mi
7/10
James E. Potter Intermediate School
Public 7-8 • Assigned • 1.8mi
5/10
Fallbrook High School
Public 9-12 • Assigned • 2.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
13% chance of being in a wildfire in next 30 years
6/10 Heat Factor
6 days above 94° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Fallbrook, CA • 92028
Average low and high temperatures (°F)
69
49
70
51
73
52
70
51
74
55
78
58
84
62
87
63
83
64
80
57
72
51
70
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 7.2 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$814,000 – $985,000
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