**Three (3) Detached Cottage Style Homes on One Lot** Great 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
For sale
Price cut: $55K (6/10)
$1,095,000
537 De Luz Rd, Fallbrook, CA 92028
4beds
--sqft
:
Get pre-qualified$7,276/mo
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Detached cottage style homesOff-street parkingIn-unit laundry
- 132 days |
- 287 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Angelo Joseph La Bruna III DRE #01991625 858-247-1095,
Apartment Realty Group (ARG)
Source: SDMLS,MLS#: 260007517
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Forced Air, Wall/Window
Interior area
- Total structure area: 1,700
Video & virtual tour
Property
Features
- Levels: 1 Story
- Fencing: N/K
Details
- Parcel number: 1031170100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition,Rolled/Hot Mop
Condition
- Year built: 1960
Community & HOA
Community
- Security: N/K
- Subdivision: FALLBROOK
Location
- Region: Fallbrook
Financial & listing details
- Tax assessed value: $647,336
- Annual tax amount: $6,989
- Date on market: 3/31/2026
- Listing terms: Other/Remarks
- Tenant pays: Electricity, Gas/Propane
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $1,095,000-4.8% |
Source:  SDMLS #260007517 Report a problem | ||
| 3/31/2026 | Listed for sale | $1,150,000+5% |
Source: SDMLS #260007517 Report a problem | ||
| 2/25/2026 | Listing removed | $2,600 |
Source: Zillow Rentals Report a problem | ||
| 11/17/2025 | Listed for rent | $2,600+13.3% |
Source: Zillow Rentals Report a problem | ||
| 8/13/2025 | Listing removed | $1,095,000+10.1% |
Source: SDMLS #250020576 Report a problem | ||
| 3/31/2025 | Price change | $995,000-9.1% |
Source: SDMLS #250023005 Report a problem | ||
| 3/5/2025 | Listed for sale | $1,095,000+79.5% |
Source: SDMLS #250020576 Report a problem | ||
| 4/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/7/2023 | Listed for rent | $2,295 |
Source: Zillow Rentals Report a problem | ||
| 10/5/2021 | Sold | $610,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,989 +2.4% | $647,336 +2% |
| 2024 | $6,823 +3.1% | $634,644 +2% |
| 2023 | $6,620 0% | $622,200 +2% |
| 2022 | $6,622 +233.6% | $610,000 +237.1% |
| 2021 | $1,985 -1.2% | $180,965 +1% |
| 2020 | $2,009 +5.8% | $179,110 +2% |
| 2019 | $1,898 -2.7% | $175,599 +2% |
| 2018 | $1,951 +2% | $172,157 +2% |
| 2017 | $1,913 +3.5% | $168,782 +2% |
| 2016 | $1,848 +2.3% | $165,473 +1.5% |
| 2015 | $1,807 +1.8% | $162,988 +2% |
| 2014 | $1,775 | $159,796 +0.5% |
| 2013 | -- | $159,075 +2% |
| 2012 | -- | $155,957 +2% |
| 2011 | -- | $152,900 +0.8% |
| 2010 | -- | $151,759 -0.2% |
| 2009 | -- | $152,121 +2% |
| 2008 | -- | $149,139 +2% |
| 2007 | -- | $146,215 +2% |
| 2006 | -- | $143,349 +2% |
| 2005 | -- | $140,539 +2% |
| 2004 | -- | $137,784 +1.9% |
| 2003 | -- | $135,260 +2% |
| 2002 | -- | $132,609 +2% |
| 2001 | -- | $130,010 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 7/10William H. Frazier Elementary SchoolGrades: K-6Distance: 1.6 mi
- 5/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 2.2 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 2.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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