
2258 Gird Rd
Ctop 80%Fallbrook, CA 92028
Pass at asking: -$11,667/mo full cashflow at 20% down, 7.43% rate.
Works at $679,867 (69% under asking), or at 97% down.
Rent $6,781/mo from 6 leases of 4–6 bed houses in 92028 ($5,835–$6,531).
Beds
5
Baths
4.5
Sqft
5,104
Year Built
1990
Days on Market
47
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2608918
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
HUGE PRICE IMPROVEMENT.....Tucked among the picturesque rolling hills of Fallbrook, this exceptional custom estate offers a rare combination of privacy, space, and refined living. Set behind private gates on approximately 9.24 acres, the property presents endless possibilities for creating a vineyard, private grove, expansive gardens, or an extraordinary outdoor retreat. Encompassing just over 5,000 square feet, the estate features a four-bedroom main residence with an oversized office and game room, plus a separate private studio guest house complete with kitchen, full bath, walk-in closet, dedicated parking, and private patios—ideal for guests, extended family, or a secluded retreat. The open-concept main residence showcases soaring ceilings, panoramic views, and generous living spaces designed for both entertaining and everyday comfort. The primary suite features a beautifully appointed walk-in shower, dual vanities, custom-organized walk-in closet, and convenient access to a built-in Jacuzzi with new epoxy coating. The extensively upgraded kitchen features new cabinetry, quartz countertops, KitchenAid appliances, and updated flooring. Additional improvements include refreshed bathrooms, LED ceiling lighting, fresh interior paint, luxury vinyl flooring, new garage doors and openers, and sleek epoxy garage flooring. Car enthusiasts, collectors, and hobbyists will appreciate the attached three-car garage plus a detached two-car garage and 36' x 24' workshop, offering exceptional storage and versatility. Outdoors, a newly added backyard pergola and refreshed landscaping create an inviting setting for entertaining, dining, and enjoying the peaceful countryside. Private, beautifully upgraded, and exceptionally versatile, this remarkable Fallbrook estate offers elevated country living with room to create a truly distinctive lifestyle.
Mortgage Calculator
Est. Monthly Payment
$15,057
Location
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Zoned Schools
Elementary
Live Oak 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
$6,781
Comp Average
$6,011
3006 Skycrest Drive
4bd / 3.5ba · 4,854 sqft · Single Family
$1.45M
Est. $5,982/mo
3642 Alta Vista Drive
4bd / 3ba · 4,583 sqft · Single Family
$1.80M
Est. $5,951/mo
5148 Minneola Drive
5bd / 4.5ba · 4,357 sqft · Single Family
$1.99M
Est. $5,850/mo
19 Gateview Drive
5bd / 5ba · 4,260 sqft · Single Family
$2.00M
Est. $5,785/mo
4216 Bridlewood Road
6bd / 7ba · 5,390 sqft · Single Family
$2.40M
Est. $6,488/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
6 leases of 4–6 bed houses in 92028 · $5,835–$6,531
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$11,667/mo short at 20% down; 97% down or +$15,153/mo rent closes it.
- Break-even price
- $679,867
- Break-even rent
- $21,934/mo
- Cashflow at 35% down
- −$9,377/mo
- Down payment to break even
- 97%
- Rate to break even
- Not reachable
69% under asking
$15,153/mo above the estimate
$2,133,030 cash
Negative even at a 0% loan
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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