Opening page…
Closed
- Listed price
- $899,000
- Listed Apr 4, 2022
- Sold price
- $950,000
- Sold May 6, 2022
7,840.8 sqft lot|1963 Built|3 days listed
301 7 W Elder St, Fallbrook, CA 92028
Property Description
This 4plex has an amazing opportunity - 1 bedroom apartments can be transformed into 2 bedrooms! The County already has them as 2 bedrooms. The bedrooms are large enough to be split, creating an opportunity for increased rental income. Building has been recently painted, new windows installed and new fascia. 2 units on top and 2 units below with large patios. Two of the units have been renovated. There is a parking lot that can accommodate approximately 8 cars. Rents are way below market price. This is a great opportunity!
Listing agent: Rudy GallegosDRE #01493156rudyandsandygallegos@gmail.com, Listing office: RE/MAX Connections
MLS data updated 10/19/2026, 9:57:56 AM PT
Source: CRMLSMLS #: NDP2203126
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$950,000
May 6, 2022
Available records22022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$950,000Closed sale · May 6, 2022ZIP 92028 · May 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsApr 4, 2022 – May 6, 2022
ZIP 92028 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.