$1,995,000 Not Disclosed Fallbrook, CA

MLS: 190008051   Type: Land   County: San Diego   City: Fallbrook   Neighborhood: Rainbow   Zip: 92028   Style: Agriculture,Multi-Dwelling,Possible Subdivision,Re  

Mortgage $9,366 /mo



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7 separate parcels, appx 59 total acs, 2 separate 2 bed rental homes on own parcels, rent approximately $1700 per month, appx 7,000 healthy productive, profitable avocado trees, 6 wells over 200 gpm, 2" water meter, avocados mostly younger trees production profits will continue to soar, 2018 production over 400,000 lbs, some view parcels, park like setting below, county allows one home and guest home per parcel. Farm management team can stay or train to take over. Subject to boundary adjustment AVOCADO GROVE BUSINESS Sale includes 7 legal parcels appx 59 total acres 108-340-29-00 (7.51acs) 108-340-30-00 (9.44acs) 108-340-20-00 (10.27acs) 108-350-15-00 (6acs) 108-350-07-00 (10.45acs) 108-350-16-00 (4.45acs) 108-350-18-00 (6.43acs) keep in mind trees are younger, mostly planted last 3-7 yrs, projected production could double in 5 years net income could be in $200-300,000 plus range, not including $3400 monthly from rentals. Contingent on seller completing a boundary adjustment.

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Price History

2/11/2019 Listed $1,995,000

CFD/Mello-Roos Fee 0
Highest Best Use Agriculture, Multi-Dwelling, Possible Subdivision, Residential
Neighborhood Rainbow
Other Fees 0
Present Use Grove, Ranch/Farm, Residential
Sale/rent For Sale
Senior Community Y/N N/K
Site Private Street
Terms Cash, Conventional
Zoning A70

Exterior Features

Fencing Gate, Partial
Frontage Canyon
Irrigation Automatic, Sprinklers
Lot Size Area 20+ AC
Pool (Y/N) N/K
Pool Heat None Known
Sewer/Septic Septic Installed
Topography Canyon/Valley, Slope Gentle, Slope Steep
View Greenbelt, Mountains/Hills, Panoramic, Parklike, Valley/Canyon
Water Meter on Property, Well on Property

Property Schools

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Property vs Zip Code Avg (92028)

Price 1.99M Avg 501K

Acres 20 Avg 13.52

Visits 177 Avg 104

Days on Site 167 Avg 216

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Listing Provided Courtesy Of: Premier Realty Associates

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Location & Address

Solutions Real Estate
2055 Corte Del Nogal
Carlsbad, CA