2005 07 Camino Rainbow, Fallbrook, CA — listing photo 1
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FOR SALENew Listing

2005 07 Camino Rainbow

Fallbrook, CA 92028
1,920 Lot Sq Ft
Built 1970
$1,150,000

Property Overview

Beautifully renovated duplex situated on a spacious lot in the desirable Rainbow/Fallbrook community, offering an exceptional opportunity for investors, owner-occupants, or multigenerational living. Both residences have undergone extensive renovations with thoughtful updates throughout, creating a clean, modern, turnkey property that reflects exceptional pride of ownership. Improvements include new flooring, windows, upgraded kitchens with modern countertops and custom islands, remodeled bathrooms, updated fixtures, sinks, faucets, tile work, recessed lighting, Wi-Fi-enabled mini-split heating and cooling systems, smart-home features, landscaping, fencing, and independent updated electrical panels for each residence. Each unit offers comfortable and functional living spaces with modern finishes throughout. The expansive lot has been improved and graded, providing generous outdoor space and exciting possibilities for future expansion. The property may offer potential for adding an ADU and Junior ADU, creating an opportunity for additional living space, multigenerational use, or future rental income. Additional possibilities may include ranch or equestrian use, hobby farming, or other improvements. All future development and uses are subject to applicable County requirements, zoning, permits, and buyer verification. Conveniently located just minutes from Interstate 15, the property offers the privacy and space of country living while maintaining easy access to Fallbrook, Temecula, and surrounding North County communities. A rare opportunity to own a beautifully remodeled, income-producing two-home property offering modern amenities, usable land, flexibility, and exciting future potential. Live in one and rent the other, create a multigenerational compound, explore the potential for an ADU and JR ADU, or add this unique property to your investment portfolio.

Home Details

Property type
Residential Income - Duplex
Year built
1970
Lot size
1,920 sq ft
Parking
6 spaces
Stories
1
Days on market
3
MLS status
Active
Zoning
R-1

Features & Amenities

Appliances

  • Gas Oven
  • Gas Range
  • Microwave
  • Refrigerator

Pool

  • None

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Utilities

Cooling
CentralAir,EnergyStarQualifiedEquipment
Sewer
PublicSewer

Location & Neighborhood

2005 07 Camino Rainbow

Fallbrook, CA 92028

Frequently Asked Questions About 2005 07 Camino Rainbow

Property type: Residential Income

The current asking price is $1,150,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2005 07 Camino Rainbow. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1970. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Fallbrook, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Fallbrook property.
The MLS currently reports the property as Active. It has been listed for 3 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Erick Ciprian
MLS ID: 805368

Available property

$1,150,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.