Listing provided courtesy of Ronald Brookshire of The Property Place. Last updated 2024-05-02 08:19:03.000000. Listing information © 2022 Sandicor.
Asking Price: $649,999
5532 Rainbow Heights, Fallbrook CA 92028
Community: 92028 - Fallbrook
This Single Family Residence property was built in 1972 and is priced at $649,999. Please see the additional details below.
Opportunity knocks with this two on one with panoramic views. Almost 2 full acres and fully fenced, there is plenty of room for your imagination. This fixer requires cash or a motivated 203k buyer – get a rehab loan and construct this home the way you want! This is a huge opportunity for someone to live in one home and rent out the other, alleviating some of the cost of ownership. The main home is two stories. The entrance features a generous living space with open concept kitchen, living room, dining area, and a half bath. Downstairs offers dual primary suites with attached bathrooms. Both levels offer incredible views. Balconies need full remodel, which should be covered through a rehab loan. Right next door is another two-story home. Enjoy the floor plan as-is or you could turn this into a 2 bedroom it’s up to you.