1340 Via Feliz
1 / 20

1340 Via Feliz

Ctop 80%

Fallbrook, CA 92028

$799,000

Pass at asking: -$3,589/mo full cashflow at 20% down, 7.43% rate.

Works at $331,607 (58% under asking), or at 85% down.

Rent $3,308/mo from 9 leases of 3-bed houses within 2 mi ($3,041–$3,348).

Beds

3

Baths

2

Sqft

1,200

Year Built

1985

Days on Market

138

Property Type

Single Family

HOA/mo

N/A

MLS ID

IV26135830

This property is in Fallbrook (92028). Browse neighborhood analytics →

About This Property

PRICE IMPROVEMENT! Beautiful Fallbrook home on Half an Acre of land. Welcome to 1340 Via Feliz, an impeccably upgraded three-bedroom, two-bathroom, three car garage home set on a serene half-acre in picturesque Fallbrook, CA. This remarkable property seamlessly blends comfort with functionality, offering a refined yet comfortable space perfect for both everyday living and entertaining. The interior of this home has all recently been completely updated. Complete with the pristine look of newer luxury vinyl flooring throughout. Recently painted walls, and newer baseboards create a cohesive, modern aesthetic. The heart of the home, the kitchen, features a newer appliances and striking quartz countertops,beautiful sink, faucet, and recessed lighting, ideal for both daily use and hosting gatherings in style. The primary bedroom is a retreat with a spa-like ensuite bath featuring a recently remodeled shower with newer tile, enhanced by updated fixtures, a newer sink and faucet, recessed lighting, and ambient touches that add to the calming atmosphere. A spacious, attached three-car garage has been newly insulated, finished with drywall, and hidden storage making it as functional as it is stylish. The exterior has also been recently painted and features a newer patio, creating a perfect space for outdoor relaxation and entertaining. Park 6 vehicles comfortably in the garage & driveway with the ability to park many more in the backyard! The 1/2 acre property is fully fenced and offers macadamia nut trees and endless possibilities. The location provides easy proximity to La Paloma Elementary School, high school, wineries, restaurants and downtown Fallbrook. Animal enthusiasts will appreciate the ample space for horses, goats, chickens, gardening on this expansive lot, offering endless possibilities for those who desire both space and tranquility. This home is a true gem in Fallbrook, delivering a lifestyle of comfort, and privacy. Don't miss the opportunity to make this stunning property your own!

Mortgage Calculator

Est. Monthly Payment

$5,471

Principal & Interest$4,439
Property Tax$799
Insurance$233
%($159,800)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    La Paloma 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.

Investment Score

29C
Est. Monthly Rent
$3,308

9 leases of 3-bed houses within 2 mi · $3,041–$3,348

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,163
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,589

What would make this work?

$3,589/mo short at 20% down; 85% down or +$4,662/mo rent closes it.

Break-even price

58% under asking

$331,607
Break-even rent

$4,662/mo above the estimate

$7,970/mo
Cashflow at 35% down
−$2,757/mo
Down payment to break even

$679,150 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,439
Cap Rate
1.52%
Cash-on-Cash
-26.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$12,177
Price-to-Rent

Lower = better for investors

20.1

* 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.

Open Full Calculator
CCashflow−$3,589/mo