Welcome to a remarkable investment opportunity in the heart of the Avocado capital of the world, just a stone's throw from Temecula Wine Country! This beautifully renovated single-story home presents a unique chance to secure a property that combines modern living with excellent rental potential. Situated in desirable Fallbrook near Temecula Wine Country, this single-story home has been meticulously maintained and completely remodeled within the last four years, ensuring a stylish and functional living environment. The property features two separate units, both of which have been successfully rented for the past three years (ask the agent for rent rolls). Live in one unit and significantly offset your mortgage by renting out the other, or take advantage of the lucrative rental market. The main house and the converted garage (now a charming granny flat) share one water and gas meter but maintain their comfort with separate A/C and heating systems. The granny flat boasts a full kitchen, living room, spacious master bedroom, and master bathroom—perfect for guests, long-term renters, or even as a vacation rental. Step outside to enjoy a massive deck with a pergola and a serene bamboo zen garden, perfect for relaxation and entertainment. The property also offers ample space for RV parking, a storage shed, and a large driveway that can accommodate multiple cars. Harvest fresh fruit from four orange trees, a mandarin orange tree, a lemon tree, and a pomegranate tree, or explore your green thumb with gardening, raising chickens, or adding a pool. This home is not only a retreat but also a savvy investment. It’s ideally located in a prime neighborhood that promises convenience and a high quality of life. Don’t miss out on this unique opportunity to own a versatile property that offers both modern amenities and significant rental income potential. Contact us today to make this exceptional investment yours!
Single-familyProperty Type
1960Year Built
9,148 sq ftLot Size
$408Est. Price/Sq.Ft.
3 spacesParking
Listed by Nelson Coburn•DRE #02083958• Coldwell Banker Realty-Dana Point/San Clemente
Contact: 808-306-9822
Bought with Jessica Wilkinson•DRE #02033305• Real Broker
Amazing Investment property! Nothing like it on the market today, where you can actually cash-flow this property with 20% down! Live in one side, cut your mortgage in half by renting out other side. Perfect Air BnB for hosting wine country patrons! Great if you have multi-family needs. This single story beauty has been meticulously remodeled from the ground up. Sleek modern style with country living vibe. Privacy from neighbors, RV-parking. This property has a garage that was converted to a granny flat with separate full kitchen/living room, spacious master bedroom and master bathroom. Can be it's own separate unit for friends, guests, in-laws, long term renters, or vacation renters. You could rent out each side individually and cash-flow this property with only 20% down. Granny flat has it's own AC and heater. Only one water and gas meter on the property shared by both sides. Fully remodeled with modern style and contemporary finishes such as linear shower drains, creative shower niches, soft-close cabinets and drawers throughout. Massive deck with pergola, and bamboo zen garden. There is no garage, but there is a storage shed and plenty of space to add another large storage shed, or use for RV/boat parking. Large driveway for multiple cars. 4 orange trees, 1 mandarin orange tree, 1 lemon tree, 1 pomegranate tree. Plant whatever you want. Bottom portion of property can be converted to whatever you like. You can have chickens, build a pool, plant a garden, etc.. Neighborhoods: Fallbrook Knools Equipment: Dryer, Shed(s), Washer Other Fees: 0 Sewer: Sewer Connected, Public Sewer Topography: LL,RSLP
Public Records
Jul 5, 2019
Sold
$394,500
$193/sq ft
Public Records
Jun 14, 1996
Sold
$117,500
$58/sq ft
Public Records
May 26, 1989
Sold
$120,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,616 (+25.0%)
$459,000 + $357,000
$816,000
2024
$6,891 (+3.1%)
$450,000 + $350,000
$800,000
2023
$6,687
$265,302 + $376,728
$642,030
2022
$6,690 (+3.4%)
$260,100 + $369,342
$629,442
2021
$6,469 (+50.1%)
$255,000 + $362,100
$617,100
2020
$4,311 (+82.8%)
$250,000 + $355,000
$605,000
2019
$2,358 (+1.6%)
$210,000 + $184,300
$394,300
2018
$2,321 (+2.1%)
$94,770 + $125,658
$220,428
2017
$2,274 (+2.7%)
$91,091 + $120,780
$211,871
2016
$2,215 (+2.0%)
$91,091 + $120,780
$211,871
2015
$2,172 (+2.0%)
$89,305 + $118,412
$207,717
2014
$2,130 (+1.0%)
$86,241 + $114,350
$200,591
2013
$2,108 (+1.0%)
$86,241 + $114,350
$200,591
2012
$2,086 (+2.4%)
$85,852 + $113,834
$199,686
2011
$2,037 (+1.9%)
$84,169 + $111,602
$195,771
2010
$2,000 (+1.0%)
$82,519 + $109,414
$191,933
2009
$1,980 (+1.9%)
$81,903 + $108,597
$190,500
2008
$1,944
$82,098 + $108,855
$190,953
Tax history for 835 Magarian Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,616 (+25.0%)
$459,000 + $357,000
$816,000
2024
$6,891 (+3.1%)
$450,000 + $350,000
$800,000
2023
$6,687
$265,302 + $376,728
$642,030
2022
$6,690 (+3.4%)
$260,100 + $369,342
$629,442
2021
$6,469 (+50.1%)
$255,000 + $362,100
$617,100
2020
$4,311 (+82.8%)
$250,000 + $355,000
$605,000
2019
$2,358 (+1.6%)
$210,000 + $184,300
$394,300
2018
$2,321 (+2.1%)
$94,770 + $125,658
$220,428
2017
$2,274 (+2.7%)
$91,091 + $120,780
$211,871
2016
$2,215 (+2.0%)
$91,091 + $120,780
$211,871
2015
$2,172 (+2.0%)
$89,305 + $118,412
$207,717
2014
$2,130 (+1.0%)
$86,241 + $114,350
$200,591
2013
$2,108 (+1.0%)
$86,241 + $114,350
$200,591
2012
$2,086 (+2.4%)
$85,852 + $113,834
$199,686
2011
$2,037 (+1.9%)
$84,169 + $111,602
$195,771
2010
$2,000 (+1.0%)
$82,519 + $109,414
$191,933
2009
$1,980 (+1.9%)
$81,903 + $108,597
$190,500
2008
$1,944
$82,098 + $108,855
$190,953
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
9,148 Sq. Ft.
Year renovated
1960
Sq. Ft.
2,040
Year built
1960
Style
Single Family Residential
County
San Diego County
APN
1053511100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 3
# of Parking Spaces: 3
Interior
Laundry Information
Has Laundry
Area, Gas & Electric Dryer Hookup, Individual Room
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting, Suburban
School Information
High School District: Fallbrook Union
Location Information
Latitude: 33.37375300
Longitude: -117.23553700
Directions: Coming from Oceanside, head East on Hwy 76, take a left onto S Mission Rd and head North for about 5 miles. Take a right onto Stage Coach. Drive a little over 1.5 miles and take a left onto Calavo Rd. Follow around and take a left on Pepper Tree, the
Road Frontage Type: Access via City Streets
Road Surface Type: Paved
Zoning: RS
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,040
Stories: —
Lot Size: 9,148 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1960
County: San Diego County
APN: 1053511100
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
IDX Contact Info: 808-306-9822
Days Active in MLS: 23
Continuous Days Active in MLS: 23
Listing Agent Information
List Agent First Name: Nelson
List Agent Last Name: Coburn
Listing Office Information
List Office Name: Coldwell Banker Realty-Dana Point/San Clemente
Selling Agent Information
Buyer Agent First Name: Jessica
Buyer Agent Last Name: Wilkinson
Selling Office Information
Buyer Office Name: Real Broker
Around this home
Schools
La Paloma Elementary School
Public K-6 • Assigned • 0.4mi
9/10
James E. Potter Intermediate School
Public 7-8 • Assigned • 0.9mi
5/10
Fallbrook High School
Public 9-12 • Assigned • 1.8mi
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
9% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 94° expected this year, 22 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
$790,000 – $957,000
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