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$699,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
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OPPORTUNITY HAS ARRIVED! Quaint Duplex is Rural Fallbrook Community of Rainbow, CA. Both Units are Tenant Occupied to Provide Immediate Rental Income or Live in One and Rent the Other for More Opportunity to Enjoy Rental Income and Your Very Own Slice of County Peace. Each Unit has Fenced Front Yards and the North Unit has a Large Fenced Back Yard. South Unit has Access to the Remaining Section of the Large Flat Lot with Various Fruit and Citrus Trees Bordering the Property. Two Out Buildings Provide Storage and a Rustic County Feel. Each Unit is a 2 Bedroom, 1 Bathroom, Approximately 960 Sq Ft Situated on a 0.59 Acre Parcel Serviced by an Advanced Treatment Septic System. Come Visit and You Will Want to Make this Special Slice of Rainbow your Pot of Gold.

Full Property Details for 2005 07 Camino Rainbow

General

  • Price: $699,000
  • Status: Pending
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: NDP2508940
  • Updated: 5/7/2026
  • Added to Site: 257 day(s) ago

Rooms

Other Rooms

  • Laundry: Gas Dryer Hookup, Washer Hookup

Additional Information

  • Pool Description: None

Location

  • Area: 92028 - Fallbrook
  • County: San Diego
  • Development Name: 92028 - Fallbrook
  • Driving Directions: GPS

Utilities

  • Sewer: Engineered Septic System
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Entry Location: Living Room
  • Square Feet: 1,920
  • Year Built: 1970

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.59
  • Lot Size (Sq. Ft.): 25,700.4
  • Lot Size Source: Assessor
  • Zoning: R-1:SINGLE FAM-RES
  • Lot Description: Lot 20000-39999 Sqft

Financial Considerations

  • Price Per Sq. Ft.: $364.06
  • Price Per Unit: 349500

Listed by Peace Castle Properties, Eric Fredenburg

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Listing agent

— 2005 07 Camino Rainbow —

  • Eric Fredenburg

    Peace Castle Properties

admin@peacecastlepm.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2005 07 Camino Rainbow

School Districts:Vallecitos Elementary School District, Fallbrook Union High School District
NameGradesDistance
Vallecitos Elementary School
5211 Fifth St., Rainbow, CA 92028
PK-80.4 mi
Fallbrook High School
2400 South Stage Coach Lane, Fallbrook, CA 92028
9-126.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2005 07 Camino Rainbow Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2025
Listed
$699,000
417.78%
MLS
10/17/1989
Sold
$135,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2005 07 Camino Rainbow

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,577
3%
$248,332
4%
2023
$2,514
1%
$238,691
2%
2022
$2,478
3%
$234,012
2%
2021
$2,413
—
$229,424
1%
2020
$2,424
2%
$227,073
2%
2019
$2,378
2%
$222,621
2%
2018
$2,339
2%
$218,257
2%
2017
$2,292
2%
$213,979
2%
2016
$2,238
2%
$209,784
2%
2015
$2,203
2%
$206,634
2%
2014
$2,156
1%
$202,587
—
2013
$2,138
—
$201,672
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Peace Castle Properties, Eric Fredenburg

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2005 07 Camino Rainbow, Fallbrook, CA 92028 (MLS# NDP2508940) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 2005 07 Camino Rainbow is currently listed for $699,000 and was received on September 11, 2025. Want to learn more about 2005 07 Camino Rainbow? Do you have questions about finding other Multi-Family real estate for sale in Fallbrook? You can browse all Fallbrook real estate or contact a Coldwell Banker agent to request more information.

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