Fallbrook, CA 92028
$777,000
Mark Quesada
Broker / Owner
DRE #02101365
Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the north side of the Rainbow Restaurant then south and east, on Historic Old Highway 395. These parcels are prime for housing developments, builder owner, storage, agriculture, or living off the grid. The larger parcel includes prime advertising space with hundreds of thousands of views per week. There is currently a billboard lease with several years remaining with an advertiser who subleases it. Seller earns $2,000 per month from 1 billboard, which is highly discounted. There is much more income potential from the 1 billboard as well as potential to create more. Why not multiply your income? You could potentially build up the advertising income to pay off your development costs. The advertising potential is just icing on the cake. Water, gas, electric are all extremely close to the property line.
Adjust the numbers to explore the cost of this home. Nothing is saved.
$5,734/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Construction
Lot & parking
Utilities
$886,500
Median sale price
45 days
Avg days on market
99.2% of list
Sells for
Closed sales in 92028 over the last 6 months, all home types.
Listed by Shane Strong, KW Temecula
Co-listed by Diana Sousa Strong, KW Temecula
MLS# SW26143744 · Active
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
