




537 De Luz Rd, Fallbrook, CA, 92028
About This Home
**Three (3) Detached Cottage Style Homes on One Lot** Fantastic Location in One of San Diego’s Strongest Rental Markets • Two (2) Detached 2Bdrm/1Bthrm Houses + One (1) Detached Studio • All Units Have Private Yards, In-Unit Laundry, & Off-Street Parking • Well-Maintained / High Income Property • Separately Metered for SDGE & Submetered for Water • Walking Distance to Downtown Fallbrook • Nearby Ammunition Rd w/ Direct Access to Camp Pendleton
Getting Around
Schools
Construction
Condition
- Year built: 1960
Materials
- Roof: Composition,Rolled/Hot Mop
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Cooling features: Central Forced Air,Wall/Window
Interior Area
- Total structure area: 1,700
Property
Details
- Parcel number: 1031170100
Features
- Levels: 1 Story
- Fencing: N/K
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Wildfire
- Earthquake
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,536 | $66,432 |
| Home Insurance * | $310 | $3,720 |
| Property Taxes | $982 | $11,784 |
| Electricity | $398 | $4,786 |
| Total | $7,226 | $86,712 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Listed for sale | $1,150,000 |
| 2026-02-25 | Listing removed | $2,600 |
| 2025-11-17 | Listed for rent | $2,600 |
| 2025-08-13 | Listing removed | $1,095,000 |
| 2025-03-31 | Price change | $995,000 |
| 2025-03-05 | Listed for sale | $1,095,000 |
| 2023-04-18 | Listing removed | -- |
| 2023-03-07 | Listed for rent | $2,295 |
| 2021-10-05 | Sold | $610,000 |
For Sale by Agent
