Adorable 2-unit home in central Fallbrook. Front unit has been remodeled with new kitchen, paint, carpet. Both units have charming brick fireplaces, knotty pine walls, separate laundry and fenced yards. Live in front unit and collect $1200 rent from back unit. Or rent both units for $3k rental income. Great investment opportunity, starter home w/ rental income, or home w/ granny unit. 1685 sq ft & almost 1/4 acre lot. Neighborhoods: Near town Other Fees: 0 Unit # for Unit 1: 433 Unit # for Unit 2: 431 Number of Furnished Units: 0
Multi-familyProperty Type
1956Year Built
9,813 sq ftLot Size
Listed by Maggie Rogan•DRE #01294013• Rogan & Associates
Adorable 2-unit home in central Fallbrook. Front unit has been remodeled with new kitchen, paint, carpet. Both units have charming brick fireplaces, knotty pine walls, separate laundry and fenced yards. Live in front unit and collect $1200 rent from back unit. Or rent both units for $3k rental income. Great investment opportunity, starter home w/rental income, or home w/granny unit. 1685 sq ft & almost 1/4 acre lot.
CRMLS #160063240
Jan 9, 2017
Sold
$390,000
Jan 9, 2017
Sold
$390,000
Dec 2, 2016
Pending
—
Dec 1, 2016
Listed
$410,000
Nov 30, 2016
Listed
$410,000
Investment opportunity or owner/user rental property in a great Fallbrook location for easy shopping and access. The cozy front unit is a 1 bedroom and 1 bath with a private fenced yard and assigned parking. The second unit features 2 bedrooms and 1 bath with a cozy living room with a fireplace, step saver kitchen, garage and private fenced yard. Both are currently tenant occupied and you won't want to miss this one! Neighborhoods: Fallbrook Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 431 Unit # for Unit 2: 433 Number of Furnished Units: 0 Topography: LL
CRMLS #160020092
Oct 27, 2016
Listing Removed
—
Jun 30, 2016
Pending
—
Jun 29, 2016
Listing Removed
—
Jun 9, 2016
Price Changed
$399,000
Apr 15, 2016
Listed
$415,000
Apr 15, 2016
Listed
$399,000
Public Records
May 22, 1989
Sold
$44,500
Public Records
May 29, 1985
Sold
$87,000
Public Records
Jan 15, 1981
Sold
$75,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,549 (+2.4%)
$235,856 + $288,430
$524,286
2024
$5,418 (+3.0%)
$231,232 + $282,775
$514,007
2023
$5,259
$226,699 + $277,231
$503,930
2022
$5,262 (+3.3%)
$222,254 + $271,796
$494,050
2021
$5,095 (+12.4%)
$217,897 + $266,467
$484,364
2020
$4,533 (+1.9%)
$213,625 + $261,243
$474,868
2019
$4,451 (+1.5%)
$186,183 + $227,685
$413,868
2018
$4,384 (+86.9%)
$182,533 + $223,221
$405,754
2017
$2,345 (+2.6%)
$94,549 + $115,625
$210,174
2016
$2,286 (+2.2%)
$94,549 + $115,625
$210,174
2015
$2,237 (+1.9%)
$92,696 + $113,358
$206,054
2014
$2,196 (+1.1%)
$89,516 + $109,469
$198,985
2013
$2,173 (+1.0%)
$89,516 + $109,469
$198,985
2012
$2,152 (+2.3%)
$89,112 + $108,975
$198,087
2011
$2,103 (+1.8%)
$87,365 + $106,839
$194,204
2010
$2,066 (+1.0%)
$85,652 + $104,745
$190,397
2009
$2,045 (+1.8%)
$85,012 + $103,963
$188,975
2008
$2,009
$85,214 + $104,210
$189,424
Tax history for 431 Minnesota Ave
Year
Property tax
Land + Additions
Assessment*
2025
$5,549 (+2.4%)
$235,856 + $288,430
$524,286
2024
$5,418 (+3.0%)
$231,232 + $282,775
$514,007
2023
$5,259
$226,699 + $277,231
$503,930
2022
$5,262 (+3.3%)
$222,254 + $271,796
$494,050
2021
$5,095 (+12.4%)
$217,897 + $266,467
$484,364
2020
$4,533 (+1.9%)
$213,625 + $261,243
$474,868
2019
$4,451 (+1.5%)
$186,183 + $227,685
$413,868
2018
$4,384 (+86.9%)
$182,533 + $223,221
$405,754
2017
$2,345 (+2.6%)
$94,549 + $115,625
$210,174
2016
$2,286 (+2.2%)
$94,549 + $115,625
$210,174
2015
$2,237 (+1.9%)
$92,696 + $113,358
$206,054
2014
$2,196 (+1.1%)
$89,516 + $109,469
$198,985
2013
$2,173 (+1.0%)
$89,516 + $109,469
$198,985
2012
$2,152 (+2.3%)
$89,112 + $108,975
$198,087
2011
$2,103 (+1.8%)
$87,365 + $106,839
$194,204
2010
$2,066 (+1.0%)
$85,652 + $104,745
$190,397
2009
$2,045 (+1.8%)
$85,012 + $103,963
$188,975
2008
$2,009
$85,214 + $104,210
$189,424
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
9,813
Year renovated
2021
Sq. Ft.
1,685
Year built
1956
Style
Multi-Family (2-4 Unit)
County
San Diego County
APN
1031820100
Parking Spaces
—
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Apr 20, 2025.
Property details
Interior
Heating Information
Natural Gas
Has Heating
Interior Features
Levels: One
Unit Type 1 Information
Unit Key Numeric: 10563160
Listing Key Numeric: 363822107
Total # of Baths: 1
Total # of Beds: 2
Unit Type 2 Information
Unit Key Numeric: 10563161
Listing Key Numeric: 363822107
Actual Rent: $1,200
Total # of Baths: 1
Total # of Beds: 1
Unit Type 3 Information
Listing Key Numeric: 363822107
Unit Key Numeric: 10563162
Unit Type 4 Information
Listing Key Numeric: 363822107
Unit Key Numeric: 10563163
Multi-Unit Information
# of Units With Refrigerator: 2
# of Units With Range: 2
# of Units With Patio: 2
Gross Scheduled Income: $3,000
# Of Buildings: 1
Exterior
Exterior Information
Roof: Composition
Fencing: Cross Fenced, Partial
Has Fence
Lot Information
Lot Features: Sprinkler System
Property Information
Total # of Units: 2
Parcel Number: 1031820100
Total # of Stories: 1
Financial
Lease / Rental Details
Tenant Pays: Electricity
Location
Location Information
Latitude: 33.38536900
Longitude: -117.24560600
Other Subdivision Name: Fallbrook
Directions: From East Mission, turn onto Minnesota CrossStreet: E Mission
Subdivision Name: Fallbrook
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,685
Stories: —
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 9,813 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1956
Year Renovated: 2021
County: San Diego County
APN: 1031820100
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Apr 20, 2025
Other
Listing Information
Days Active in MLS: 6
Continuous Days Active in MLS: 6
Listing Agent Information
List Agent First Name: Maggie
List Agent Last Name: Rogan
Listing Office Information
List Office Name: Rogan & Associates
Selling Agent Information
Buyer Agent First Name: Billy
Buyer Agent Last Name: Long
Selling Office Information
Buyer Office Name: Balboa Real Estate, Inc
Around this home
Schools
William H. Frazier Elementary School
Public K-6 • Assigned • 1.2mi
7/10
James E. Potter Intermediate School
Public 7-8 • Assigned • 1.8mi
5/10
Fallbrook High School
Public 9-12 • Assigned • 2.5mi
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
7/10 Fire Factor
15% 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
81
60
87
63
84
63
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
$702,000 – $850,000
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