131 Brandon Road
Atop 10%Fallbrook, CA 92028
Pass at asking: -$2,163/mo full cashflow at 20% down, 7.43% rate.
Works at $368,499 (43% under asking), or at 68% down.
Rent $3,675/mo from 13 leases of 3–5 bed houses within 2 mi ($3,640–$3,931).
Beds
4
Baths
2
Sqft
1,753
Year Built
1945
Days on Market
53
Property Type
Single Family
HOA/mo
N/A
MLS ID
SW26194748
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
BEST VALUE IN NORTH COUNTY SAN DIEGO, IN THE HEART OF FALLBROOK!– OPEN AND SPACIOUS - MOVE-IN READY, IN A GREAT LOCATION! This beautifully renovated 4-bedroom, 2-bath single-level home combines modern comfort, versatile space, and exciting FB-V3 MIXED-USE COMMERCIAL ZONING. Located just a few minutes from Main Street where you can dine, shop and maybe catch a movie at Community Movie theater.Step inside to a bright, inviting interior featuring a stunning updated kitchen with new cabinetry, quartz countertops, stainless-steel appliances, and a large utility sink. Thoughtfully upgraded with beautiful LVP flooring, new carpet in all bedrooms, updated bathrooms, double-pane windows, recessed lighting, fresh paint, newer A/C, roof, water heater, New Ceiling fans. Home comes with copper plumbing— OVERSIZED AND PRIVATE FRONT PORCH - IDEAL FOR MEETINGS WITH CLIENTS.Parking is a standout feature, offering space for several vehicles, including a 2-car garage, 2-car carport, and additional parking for 3 more cars. The FB-V3 mixed-use zoning creates an exciting opportunity for a homeowner, entrepreneur, investor, or professional seeking a property with both residential appeal and potential commercial possibilities.Enjoy all that Fallbrook has to offer, from charming boutiques, cafés, restaurants, galleries, and local shops to its peaceful small-town atmosphere; and just a short drive to CAMP PENDLETON, THE BEACH AND THE TEMECULA WINE COUNTRY.A rare opportunity to own a beautifully updated home in a prime Fallbrook location with versatile mixed-use zoning, abundant parking, and outstanding value!*Buyer to verify zoning, permitted uses, parking and all property information with appropriate agencies.*
Mortgage Calculator
Est. Monthly Payment
$4,451
Location
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Zoned Schools
Elementary
William H. Frazier Elementary · grades K-6 · Fallbrook Union Elementary
Middle
James E. Potter Intermediate · grades 7-8 · Fallbrook Union Elementary
High
Fallbrook High · grades 9-12 · Fallbrook Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,675
Comp Average
$4,153
5461 Rainbow Creek
4bd / 1ba · 2,000 sqft · Single Family
$799K
Est. $4,463/mo
35281 Persano Place
3bd / 2.5ba · 1,753 sqft · Single Family
$690K
Est. $3,962/mo
35120 Persano
3bd / 2.5ba · 1,753 sqft · Single Family
$690K
Est. $3,962/mo
1611 Hillcrest
4bd / 3ba · 1,970 sqft · Single Family
$849K
Est. $4,606/mo
210 Orange Ave
3bd / 2ba · 1,766 sqft · Single Family
$875K
Est. $3,774/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 3–5 bed houses within 2 mi · $3,640–$3,931
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,163/mo short at 20% down; 68% down or +$2,809/mo rent closes it.
- Break-even price
- $368,499
- Break-even rent
- $6,484/mo
- Cashflow at 35% down
- −$1,486/mo
- Down payment to break even
- 68%
- Rate to break even
- 0.02%
43% under asking
$2,809/mo above the estimate
$442,000 cash
at 20% down
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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