4308 Los Padres Dr
Btop 30%Fallbrook, CA 92028
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$2,524/mo full cashflow at 20% down, 7.43% rate.
Works at $246,415 (57% under asking), or at 84% down.
Rent $3,010/mo from 4 leases of condos & townhomes in 92028, size-adjusted ($2,837–$3,108).
Beds
2
Baths
2
Sqft
1,196
Year Built
1986
Days on Market
105
Property Type
Condo
HOA/mo
$425
MLS ID
NDP2607105
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Come see this beautiful single story home is located in the very highly desired golf community of Pala Mesa Fairways. This home resides near the clubhouse and all its resort style amenities. This beautiful home offers 2 bedrooms and 2 full bathrooms, an attached 2 car garage and was built in 1986. Situated on a quiet cul-de-sac with no rear neighbors. You can enjoy the peace, quiet and privacy with the gorgeous golf course views while enjoying your morning coffee. Enjoy the local community and all the annual events, the local wineries and restaurants or venture further out on the conveniently close I-15 freeway and the 76 freeway. Welcome to Fallbrook
Mortgage Calculator
Est. Monthly Payment
$4,362
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
$3,010
Comp Average
$3,047
312 Zest Lane
2bd / 2.5ba · 1,185 sqft · Condo
$489K
Est. $2,972/mo
4129 Cyprus Island Court
2bd / 2ba · 1,308 sqft · Condo
$469K
Est. $3,047/mo
4123 Oak Island
2bd / 2ba · 1,308 sqft · Condo
$499K
Est. $3,051/mo
4115 Cyprus Island Court
2bd / 2ba · 1,308 sqft · Condo
$499K
Est. $3,047/mo
2542 Los Cerritos Lane
2bd / 2ba · 1,389 sqft · Condo
$530K
Est. $3,118/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases of condos & townhomes in 92028, size-adjusted · $2,837–$3,108
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,524/mo short at 20% down; 84% down or +$3,278/mo rent closes it.
- Break-even price
- $246,415
- Break-even rent
- $6,288/mo
- Cashflow at 35% down
- −$1,925/mo
- Down payment to break even
- 84%
- Rate to break even
- Not reachable
57% under asking
$3,278/mo above the estimate
$483,000 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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