INCREDIBLE 6-UNIT INVESTMENT OPPORTUNITY! Sprawling property with lots of separation between units, beautiful orchard views and CASH FLOW! Your tenants will enjoy loads of privacy on this massive 7-acre homestead. Projected full 2022 income is 128K! Actual income up to November is 119K without counting 1 owner occupied unit that could rent for $2,500-3,000 a month! Unit 6 is not included in income as it is currently owner occupied. Current NOI is $105,848 without unit 6 rent. Currently a 10 CAP. See for yourself that this is the perfect investment opportunity!
Single-familyProperty Type
1983Year Built
7.19 acresLot Size
$602Price/Sq.Ft.
1 car garageParking
Listed by Joseph Onello•DRE #01939948• KW Temecula
Bought with Sergio Garcia•DRE #01418002• Sunshine Properties RealEstate
INCREDIBLE 6-UNIT INVESTMENT OPPORTUNITY! Sprawling property with lots of separation between units, beautiful orchard views and CASH FLOW! Your tenants will enjoy loads of privacy on this massive 7-acre homestead. Projected full 2022 income is 128K! Actual income up to November is 119K without counting 1 owner occupied unit that could rent for $2,500-3,000 a month! Unit 6 is not included in income as it is currently owner occupied. Current NOI is $105,848 without unit 6 rent. Currently a 10 CAP. See for yourself that this is the perfect investment opportunity!
CRMLS #SW22243349
Jan 24, 2023
Sold
$1,050,000
$602/sq ft
Dec 12, 2022
Pending
—
Nov 17, 2022
Listed
$1,000,000
$573/sq ft
Public Records
Aug 10, 2005
Sold
$685,000
$393/sq ft
CRMLS #41033969
Dec 8, 2004
Listing Removed
—
Dec 8, 2004
Listing Removed
—
Jun 8, 2004
Listed
$775,000
$444/sq ft
Jun 8, 2004
Listed
$775,000
$444/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,568 (+1.3%)
$955,087 + $159,181
$1,114,268
2024
$11,425 (+33.1%)
$936,360 + $156,060
$1,092,420
2023
$8,581 (−0.2%)
$918,000 + $153,000
$1,071,000
2022
$8,601 (+48.5%)
$640,000 + $160,000
$800,000
2021
$5,790 (−0.2%)
$640,000 + $160,000
$800,000
2020
$5,803 (+5.7%)
$424,000 + $106,000
$530,000
2019
$5,492 (+1.5%)
$424,000 + $106,000
$530,000
2018
$5,410 (+1.0%)
$400,000 + $100,000
$500,000
2017
$5,355 (+8.0%)
$380,000 + $95,000
$475,000
2016
$4,958 (+9.5%)
$380,000 + $95,000
$475,000
2015
$4,526 (+21.7%)
$352,000 + $88,000
$440,000
2014
$3,720 (+9.1%)
$260,000 + $65,000
$325,000
2013
$3,411 (−0.5%)
$260,000 + $65,000
$325,000
2012
$3,426 (+2.6%)
$238,000 + $59,000
$297,000
2011
$3,341 (+15.6%)
$238,000 + $59,000
$297,000
2010
$2,889 (−53.4%)
$238,000 + $59,000
$297,000
2009
$6,201 (−19.9%)
$181,000 + $75,000
$256,000
2008
$7,738
$400,000 + $165,000
$565,000
Tax history for 762 Puerta De Lomas
Year
Property tax
Land + Additions
Assessment*
2025
$11,568 (+1.3%)
$955,087 + $159,181
$1,114,268
2024
$11,425 (+33.1%)
$936,360 + $156,060
$1,092,420
2023
$8,581 (−0.2%)
$918,000 + $153,000
$1,071,000
2022
$8,601 (+48.5%)
$640,000 + $160,000
$800,000
2021
$5,790 (−0.2%)
$640,000 + $160,000
$800,000
2020
$5,803 (+5.7%)
$424,000 + $106,000
$530,000
2019
$5,492 (+1.5%)
$424,000 + $106,000
$530,000
2018
$5,410 (+1.0%)
$400,000 + $100,000
$500,000
2017
$5,355 (+8.0%)
$380,000 + $95,000
$475,000
2016
$4,958 (+9.5%)
$380,000 + $95,000
$475,000
2015
$4,526 (+21.7%)
$352,000 + $88,000
$440,000
2014
$3,720 (+9.1%)
$260,000 + $65,000
$325,000
2013
$3,411 (−0.5%)
$260,000 + $65,000
$325,000
2012
$3,426 (+2.6%)
$238,000 + $59,000
$297,000
2011
$3,341 (+15.6%)
$238,000 + $59,000
$297,000
2010
$2,889 (−53.4%)
$238,000 + $59,000
$297,000
2009
$6,201 (−19.9%)
$181,000 + $75,000
$256,000
2008
$7,738
$400,000 + $165,000
$565,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
7.19 Acres
Year renovated
1983
Sq. Ft.
1,744
Year built
1983
Style
Vacant Land
County
San Diego County
APN
1211721600
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
RR
Rural Residential District
The RR Use Regulations are intended to create and enhance residential areas where agricultural use compatible with a dominant, permanent residential use is desired. Typically, the RR Use Regulations would be applied to rural or semi-rural areas where urban levels of service are not available and where large lots are desired. Various applications of the RR Use Regulations with appropriate development designators can create buffers between residential and agricultural uses, family or small farm areas, or large lot rural residential developments.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Fire house
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Property details
Parking
Parking / Garage Information
Attached Garage
# of Garage Spaces: 1
# of Parking Spaces: 1
Interior
Laundry Information
Has Laundry
Individual Room
Bathroom Information
# of Baths (Full): 2
Cooling Information
Zoned
Has Cooling
Room Information
All Bedrooms Down, Office, Workshop
Fireplace Information
See Remarks
Has Fireplace
Interior Features
Levels: One
Main Level Bathrooms: 7
Main Level Bedrooms: 10
Exterior
Exterior Information
Structure Type: House
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Yard
Property Information
Total # of Units: 6
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 1211721600
Has View
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Septic Type Unknown, Community Septic
Water Source: District/Public
Location
Neighborhood Information
Community Features: Mountainous
School Information
High School District: Fallbrook Union
Location Information
Latitude: 33.29001400
Longitude: -117.26148500
Other Subdivision Name: Fallbrook
Directions: From 76 HWY S, Right on Olive Hill, Left on Morro Hills, Left on Sleeping Indian, Left on Puerto De Lomas. Destination on your right.
Subdivision Name: Fallbrook
Zoning: RR
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,744
Stories: —
Lot Size: 7.19 acres
Style: Vacant Land
Year Built: 1983
Year Renovated: 1983
County: San Diego County
APN: 1211721600
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
Days Active in MLS: 21
Continuous Days Active in MLS: 21
Listing Agent Information
List Agent First Name: Joseph
List Agent Last Name: Onello
Listing Office Information
List Office Name: KW Temecula
Selling Agent Information
Buyer Agent First Name: Sergio
Buyer Agent Last Name: Garcia
Selling Office Information
Buyer Office Name: Sunshine Properties RealEstate
Around this home
Schools
Bonsall West Elementary School
Public K-6 • Assigned • 2.6mi
8/10
Norman L. Sullivan Middle School
Public 6-8 • Assigned • 5.0mi
6/10
Bonsall High
Public 9-12 • Assigned • 5.0mi
5/10
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
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
6/10 Heat Factor
6 days above 90° 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, 5 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 hours in
June and 7.2 hours in December, placing it above the
U.S. average for solar exposure.
9 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
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