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537 De Luz Rd, Fallbrook, CA, 92028

4beds
3baths
0sqft
$1,095,000
--price/sqft
$7,226/moest. monthly cost
$289,040/yrincome needed

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

79
WalkingVery Walkable
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

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
    WildfireVery High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Wildfire
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in San Diego County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $5,536$66,432
Home Insurance *$310$3,720
Property Taxes $982$11,784
Electricity $398$4,786
Total$7,226$86,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$247,748/yr
40% on housing$216,780/yr
45% on housing$192,693/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 92028$404
San Diego County$558

vs Homes Sold Last Month

Median $/sqft

ZIP 92028$417
San Diego County$576

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

DateEventPrice
2026-03-31Listed for sale$1,150,000
2026-02-25Listing removed$2,600
2025-11-17Listed for rent$2,600
2025-08-13Listing removed$1,095,000
2025-03-31Price change$995,000
2025-03-05Listed for sale$1,095,000
2023-04-18Listing removed--
2023-03-07Listed for rent$2,295
2021-10-05Sold$610,000

For Sale by Agent

AgentAngelo Joseph La Bruna III
BrokerageApartment Realty Group (ARG)

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