868 E Alvarado 47, Fallbrook, California 92028, Fallbrook, - bed, bath

ACTIVE$335,000
868 E Alvarado 47, Fallbrook, California 92028
2Beds
1Bath
780Sqft
Lot
Year Built
1980
Close
-
List price
$335K
Original List price
$335K
Price/Sqft
-
HOA
$450
Days on market
-
Sold On
-
MLS number
ND25239156
Home ConditionFair
Features
Good View: Hills
Deck
ViewHills
About this home
Searching for an affordable home in Fallbrook? Your search ends here! This charming upstairs 2-bedroom, 1-bath residence features everything you need — a fully equipped kitchen, indoor laundry, a generous walk-in closet, a private patio with scenic views, and covered parking. Nestled in The Oaks community, this property offers beautiful green spaces, a pool and spa, a community laundry room, and a playground for the little ones.
Price History
Date
Event
Price
10/14/25
Listing
$335,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (19 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 1 | 2.5 | 25% |
| Square foot | 780 | 1,296 | 15% |
| Lot Size | 0 | 0 | |
| Price | $335K | $543K | 5% |
| Price per square foot | $429 | $408.5 | 60% |
| Built year | 1980 | 9900990 | 55% |
| HOA | $450 | $450 | 50% |
| Days on market | 22 | 185 | 5% |
Condition Rating
Fair
Built in 1980, this property is well-maintained with fresh paint and clean carpets, making it move-in ready. However, the kitchen features dated cabinets, countertops, an older dishwasher, and a fluorescent light fixture. The bathroom also shows dated fixtures and lighting. While functional, these areas require significant cosmetic updates to meet current standards, aligning with a property that is aged but maintained through regular upkeep and occasional updates, with major components showing signs of being outdated.
Pros & Cons
Pros
Affordable Entry Point: Positioned as an 'affordable home in Fallbrook,' this property offers a competitive price point for a 2-bedroom unit in California.
Rich Community Amenities: Residents benefit from access to The Oaks community amenities, including beautiful green spaces, a pool, spa, community laundry room, and a playground.
Desirable In-Unit Features: The residence includes practical and sought-after features such as a fully equipped kitchen, indoor laundry, and a generous walk-in closet.
Private Outdoor Space & Views: A private patio offers scenic hill views, providing a pleasant outdoor retreat.
Convenient Covered Parking: The inclusion of covered parking adds significant convenience and protection for vehicles.
Cons
High Association Fee: A monthly association fee of $450 is relatively high and can significantly impact the overall cost of ownership.
Compact Living Space: With 780 sqft for a 2-bedroom unit, the living space is quite compact, which may limit flexibility for furniture and personal belongings.
Single Bathroom: The property features only one bathroom for two bedrooms, which can be inconvenient for multiple occupants or guests.

