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321 W Elder St, Fallbrook, CA 92028
About this home
Triplex under $400,000 in SAN DIEGO COUNTY. Property is in TURN-KEY condition, NO WORK/REHAB NEEDED! Well maintained, PRIDE OF OWNERSHIP. Great location across street from middle school. Easy to rent. 2 garages available to tenants. Rents under market. Should be $750-950 / month. This property is to be sold as a PACKAGE with its two adjacent properties. (4) unit $499,000 (mls# K07101169), and (2) unit $319,000 (mls# K07101196)
Redfin Estimate
Market trends in 92028, CA
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
0 MoM
- OPEN SAT, 12PM TO 3PM$995,0004 beds3 baths2,920 sq ft2286 Crest Hill Ln, Fallbrook, CA 92028Berkshire Hathaway HomeService
- OPEN SUN, 12PM TO 3PM
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Provided by Redfin
Sale history for 321 W Elder St
Tax history for 321 W Elder St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking / Garage Information
- # of Garage Spaces: 2
- # of Parking Spaces: 6
Interior
- Laundry Information
- Has Laundry
- Community
- Kitchen Information
- Appliances: Water Heater Central
- Flooring Information
- Carpet
- Heating Information
- Gravity Heating
- Has Heating
- Interior Features
- Levels: One
- Unit Type 1 Information
- Unit Key Numeric: 750438
- Listing Key Numeric: 3002470
- Actual Rent: $725
- Area Units: Square Feet
- Total # of Baths: 1
- Total # of Beds: 1
- Furnished: Unfurnished
- Total Rent: $725
- Total # of Units: 321
- Unit Type 2 Information
- Unit Key Numeric: 750439
- Listing Key Numeric: 3002470
- Actual Rent: $800
- Area Units: Square Feet
- Total # of Baths: 1
- Furnished: Unfurnished
- Total # of Beds: 2
- Total Rent: $800
- Total # of Units: 323
- Unit Type 3 Information
- Listing Key Numeric: 3002470
- Unit Key Numeric: 750440
- Actual Rent: $600
- Area Units: Square Feet
- Total # of Baths: 1
- Total # of Beds: 1
- Furnished: Unfurnished
- Total Rent: $600
- Total # of Units: 325
- Multi-Unit Information
- Net Operating Income: $23,000
- Gross Scheduled Income: $30,000
- Gross Income: $2,500
- # Of Leased Units: 3
- # Of Separate Water Meters: 1
- # Of Separate Gas Meters: 3
- # Of Separate Electric Meters: 3
- # Of Buildings: 1
Exterior
- Exterior Information
- Roof: Composition, Shingle
- Construction Materials: Frame, Stucco
- Lot Information
- Lot Size Source: Assessor's Data
- Lot Features: Lot 20000-39999 Sqft
- Property Information
- Total # of Units: 3
- Parcel Number: 1032201200
Financial
- Lease / Rental Details
- Operating Expense: $7,000
- Tenant Pays: Cable TV, Electricity, Gas
- Total Actual Rent: $2,125
Utilities
- Utilities Information
- Water Source: District/Public
Location
- Location Information
- Latitude: 33.38030100
- Longitude: -117.25413700
- Other Subdivision Name: OTHR
- Subdivision Name: OTHR
Public facts
- Beds: 4
- Baths: 3.0
- Sq. Ft.: 1,757
- Stories: 1.0
- Lot Size: 0.47 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1948
- Year Renovated: 1948
- County: San Diego County
- APN: 1032201200
Other
- Listing Information
- Days Active in MLS: 92
- Continuous Days Active in MLS: 92
- Listing Agent Information
- List Agent First Name: Timothy
- List Agent Last Name: Vick
- Listing Office Information
- List Office Name: Timothy C. Vick
Around this home
Schools
Public K-6 • Assigned • 0.2mi
Public 7-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 2.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
15% chance of being in a wildfire in next 30 years
7 days above 94° expected this year, 21 days in 30 years
Minimal risk of severe winds over next 30 years
4 unhealthy days expected this year, 4 days in 30 years
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.
Nearby similar homes
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Home values near 321 W Elder St
| Address | Redfin Estimate |
|---|---|
- Beds | 311 Baths | - Sq. Ft. | — |
2 Beds | 1 Baths | 984 Sq. Ft. | $566,733 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 2936 Sq. Ft. | $1,140,397 |
3 Beds | 2 Baths | 1368 Sq. Ft. | $728,583 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 528 Sq. Ft. | $601,378 |
3 Beds | 1 Baths | 1264 Sq. Ft. | $637,250 |
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