Owner, Investor, Business Owner Opportunity! Gorgeous Mixed Used Residential 1930's home in the heart of Fallbrook, right off Main Ave with a large flat, spacious lot and 2 driveway access points on either side of the home to access the back lot. This unique property is designated FB-V5 - Fallbrook Village Zoning! Can be primary residence, or commercial use! Can Currently zoned residential for easy financing! FB-V5 Allows for Business Support Services, Financial, Insurance, Real Estate and Medical Services. Also allows for an Eating and Dining Establishment with a Major Use Permit Requirement. Lot size does allow for additional ADU. Home is on city services, with public sewer, natural gas and public water. Welcoming front landscaped garden at entry of property. Very workable floor plan with large living room and fireplace, both bedroom and bathroom on North side of home and kitchen and dining area on South side. Original wood floors, windows, and built-ins! kitchen is spacious with lots of cabinets and counter space. Also has an inside laundry and refrigerator comes with the home. Backyard has a shed on a cement slab that was originally the slab for the garage. The shed has 2 rooms, which can be used for additional storage, workshop, office space or tear down and build a garage! Fully fenced back yard with 2 side gates! This charming home sits right in the heart of Historic Downtown Fallbrook, walking distances to Grocery Stores, Fallbrook Mission Theater, coffee shops and restaurants, 3 minute drive to the beautiful Nature Preserve of Santa Margarita, 10 minutes to 15 freeway and Hwy 76 and about 30 minutes to the beaches and 5 Freeway.
Single-familyProperty Type
1933Year Built
10,454 sq ftLot Size
$592Est. Price/Sq.Ft.
Listed by Susannah Levicki•DRE #01921896• Capitis Real Estate
Bought with Mirna Rodriguez•DRE #01771888• Realty Masters & Associates
Owner, Investor, Business Owner Opportunity! Gorgeous Mixed Used Residential 1930's home in the heart of Fallbrook, right off Main Ave with a large flat, spacious lot and 2 driveway access points on either side of the home to access the back lot. This unique property is designated FB-V5 - Fallbrook Village Zoning! Can be primary residence, or commercial use! Can Currently zoned residential for easy financing! FB-V5 Allows for Business Support Services, Financial, Insurance, Real Estate and Medical Services. Also allows for an Eating and Dining Establishment with a Major Use Permit Requirement. Lot size does allow for additional ADU. Home is on city services, with public sewer, natural gas and public water. Welcoming front landscaped garden at entry of property. Very workable floor plan with large living room and fireplace, both bedroom and bathroom on North side of home and kitchen and dining area on South side. Original wood floors, windows, and built-ins! kitchen is spacious with lots of cabinets and counter space. Also has an inside laundry and refrigerator comes with the home. Backyard has a shed on a cement slab that was originally the slab for the garage. The shed has 2 rooms, which can be used for additional storage, workshop, office space or tear down and build a garage! Fully fenced back yard with 2 side gates! This charming home sits right in the heart of Historic Downtown Fallbrook, walking distances to Grocery Stores, Fallbrook Mission Theater, coffee shops and restaurants, 3 minute drive to the beautiful Nature Preserve of Santa Margarita, 10 minutes to 15 freeway and Hwy 76 and about 30 minutes to the beaches and 5 Freeway.
CRMLS #SW22164477
Aug 12, 2022
Listing Removed
—
Jul 26, 2022
Listed
$569,000
$587/sq ft
CRMLS #SW22119170
Jul 9, 2022
Listing Removed
—
Jul 2, 2022
Price Changed
$598,000
$616/sq ft
Jun 9, 2022
Relisted
—
Jun 5, 2022
Price Changed
$599,000
$618/sq ft
Jun 3, 2022
Listed
$549,000
$566/sq ft
Public Records
Mar 13, 2006
Sold
$300,000
$309/sq ft
SDMLS #981006132
Dec 31, 1998
Listing Removed
—
Mar 5, 1998
Listed
$149,000
$154/sq ft
SDMLS #981003809
Sep 6, 1998
Listing Removed
—
Mar 5, 1998
Listed
$165,000
$170/sq ft
Public Records
Feb 5, 1979
Sold
$9,500
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,506 (+2.4%)
$509,379 + $106,120
$615,499
2024
$6,352 (+3.0%)
$499,392 + $104,040
$603,432
2023
$6,165 (+193.2%)
$489,600 + $102,000
$591,600
2022
$2,103 (+3.2%)
$480,000 + $100,000
$580,000
2021
$2,038 (−0.9%)
$116,037 + $75,422
$191,459
2020
$2,056 (+1.8%)
$113,762 + $73,944
$187,706
2019
$2,020 (+1.5%)
$112,596 + $73,186
$185,782
2018
$1,989 (+2.0%)
$110,389 + $71,751
$182,140
2017
$1,950 (+2.6%)
$106,103 + $68,966
$175,069
2016
$1,901 (+2.0%)
$106,103 + $68,966
$175,069
2015
$1,864 (+1.9%)
$104,023 + $67,614
$171,637
2014
$1,830 (−12.0%)
$100,454 + $65,295
$165,749
2013
$2,079 (+24.8%)
$100,454 + $65,295
$165,749
2012
$1,666 (+0.4%)
$130,000 + $60,000
$190,000
2011
$1,660 (+1.1%)
$120,000 + $30,000
$150,000
2010
$1,643 (+1.2%)
$120,000 + $30,000
$150,000
2009
$1,622 (−51.4%)
$120,000 + $30,000
$150,000
2008
$3,336
$120,000 + $30,000
$150,000
Tax history for 527 N Main Ave
Year
Property tax
Land + Additions
Assessment*
2025
$6,506 (+2.4%)
$509,379 + $106,120
$615,499
2024
$6,352 (+3.0%)
$499,392 + $104,040
$603,432
2023
$6,165 (+193.2%)
$489,600 + $102,000
$591,600
2022
$2,103 (+3.2%)
$480,000 + $100,000
$580,000
2021
$2,038 (−0.9%)
$116,037 + $75,422
$191,459
2020
$2,056 (+1.8%)
$113,762 + $73,944
$187,706
2019
$2,020 (+1.5%)
$112,596 + $73,186
$185,782
2018
$1,989 (+2.0%)
$110,389 + $71,751
$182,140
2017
$1,950 (+2.6%)
$106,103 + $68,966
$175,069
2016
$1,901 (+2.0%)
$106,103 + $68,966
$175,069
2015
$1,864 (+1.9%)
$104,023 + $67,614
$171,637
2014
$1,830 (−12.0%)
$100,454 + $65,295
$165,749
2013
$2,079 (+24.8%)
$100,454 + $65,295
$165,749
2012
$1,666 (+0.4%)
$130,000 + $60,000
$190,000
2011
$1,660 (+1.1%)
$120,000 + $30,000
$150,000
2010
$1,643 (+1.2%)
$120,000 + $30,000
$150,000
2009
$1,622 (−51.4%)
$120,000 + $30,000
$150,000
2008
$3,336
$120,000 + $30,000
$150,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.