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House for sale at 2005 07 Camino Rainbow, Fallbrook, CA 92028 | MLS# PTP2607291 | Listing updated on 2026-09-29
Photo 1 of House for sale at 2005 07 Camino Rainbow, Fallbrook, CA 92028 | MLS# PTP2607291 | Listing updated on 2026-09-29
Photo 2 of House for sale at 2005 07 Camino Rainbow, Fallbrook, CA 92028 | MLS# PTP2607291 | Listing updated on 2026-09-29
Photo 3 of House for sale at 2005 07 Camino Rainbow, Fallbrook, CA 92028 | MLS# PTP2607291 | Listing updated on 2026-09-29
Photo 4 of House for sale at 2005 07 Camino Rainbow, Fallbrook, CA 92028 | MLS# PTP2607291 | Listing updated on 2026-09-29
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Listed by: Erick Ciprian (619) 616-0653 DRE #01826437 | Premier Agency R.E. Inc (619) 393-3118

$1,150,000

Monthly Est:$5,724

  • Beds Icon4 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,920sqft

2005 07 Camino Rainbow, Fallbrook, CA 92028

$5,724/moEst:

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  • Duplex

  • Built in 1970

  • $-- HOA

  • 1,920 sqft lot

  • $599/sq.ft

Description

Beautifully renovated duplex situated on a spacious lot in the desirable Rainbow/Fallbrook community, offering an exceptional opportunity for investors, owner-occupants, or multigenerational living. Both residences have undergone extensive renovations with thoughtful updates throughout, creating a clean, modern, turnkey property that reflects exceptional pride of ownership. Improvements include new flooring, windows, upgraded kitchens with modern countertops and custom islands, remodeled bathrooms, updated fixtures, sinks, faucets, tile work, recessed lighting, Wi-Fi-enabled mini-split heating and cooling systems, smart-home features, landscaping, fencing, and independent updated electrical panels for each residence. Each unit offers comfortable and functional living spaces with modern finishes throughout. The expansive lot has been improved and graded, providing generous outdoor space and exciting possibilities for future expansion. The property may offer potential for adding an ADU and Junior ADU, creating an opportunity for additional living space, multigenerational use, or future rental income. Additional possibilities may include ranch or equestrian use, hobby farming, or other improvements. All future development and uses are subject to applicable County requirements, zoning, permits, and buyer verification. Conveniently located just minutes from Interstate 15, the property offers the privacy and space of country living while maintaining easy access to Fallbrook, Temecula, and surrounding North County communities. A rare opportunity to own a beautifully remodeled, income-producing two-home property offering modern amenities, usable land, flexibility, and exciting future potential. Live in one and rent the other, create a multigenerational compound, explore the potential for an ADU and JR ADU, or add this unique property to your investment portfolio.

  • Houzeo last checked: 6 hours ago
  • Listing updated: September 29, 2026 at 8:03 pm
  • Source: California Regional MLS-CA | MLS#: PTP2607291 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    San Diego County

  • City

    Fallbrook

  • Neighborhood

    --

  • Year Built

    1970

  • HOA Fees

    -

  • Finished Area

    1,920 sqft

  • Lot Size

    1,920 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    PTP2607291

  • MLS Status

    Active

  • Days on Market

    11

  • Cumulative Days on Market

    3

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 2

Interior

  • Sewer

    Public Sewer

  • Cooling

    Central Air, Energy Star Qualified Equipment

  • Appliances

    Gas Oven, Gas Range, Microwave, Refrigerator

Construction

  • Year Built

    Year Built: 1970

  • Home type

    Duplex

  • Construction Materials

    Frame, Hardboard

Utilities & Energy

  • Laundry Features

    Laundry Closet

  • Pool Features

    None

Other Features

  • Community Features

    Curbs, Foothills, Rural, Sidewalks

  • Lot Features

    Zero To One Unit Acre

Price History

DateEventPrice

09/25/2026

Source: mls_logoCalifornia Regional MLS-CA #PTP2607291

Listed for Sale

$1,150,000 +53.33%

$599/sqft

06/12/2026

Source: mls_logoCalifornia Regional MLS-CA #NDP2508940

Sold

$750,000 +7.30%

$391/sqft

05/06/2026

Source: mls_logoCalifornia Regional MLS-CA #NDP2508494

Pending

$699,000

$364/sqft

04/21/2026

Source: mls_logoCalifornia Regional MLS-CA #NDP2508494

Listed for Sale

$699,000

$364/sqft

09/29/2025

Source: mls_logoCalifornia Regional MLS-CA #NDP2508940

Off Market

$699,000

$364/sqft

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 11:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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