868 E Alvarado, Fallbrook, California 92028, Fallbrook, - bed, bath
ACTIVE$340,000
868 E Alvarado, Fallbrook, California 92028
1Bed
1Bath
780Sqft
146,797.203Lot
Year Built
1980
Close
-
List price
$340K
Original List price
$340K
Price/Sqft
-
HOA
$450
Days on market
-
Sold On
-
MLS number
SW25246104
Home ConditionFair
Features
Patio
View-
About this home
Discover the perfect condominium with a HUGE PRIVATE YARD and INDOOR LAUNDRY! This fantastic 2-bedroom, 1-bathroom condo offers modern style in a tree-lined, well-maintained complex. Positioned for ultimate privacy, this condo features a spacious back yard—ideal for kids or pets—and comes complete with its own storage shed. Inside, enjoy stylish LVP flooring, modern colors, LED lighting, and the comfort of indoor laundry. The complex offers many large lawn areas, a playground, pool, and spa. Don’t miss out on this gem!
Price History
Date
Event
Price
10/24/25
Listing
$340,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (19 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 20% |
| Baths | 1 | 2.5 | 25% |
| Square foot | 780 | 1,296 | 15% |
| Lot Size | 146,797 | 0 | 15% |
| Price | $340K | $543K | 5% |
| Price per square foot | $436 | $408.5 | 60% |
| Built year | 1980 | 9900990 | 55% |
| HOA | $450 | $450 | 50% |
| Days on market | 11 | 184 | 5% |
Condition Rating
Fair
The property was built in 1980, making it 44 years old. While the description mentions 'modern style,' 'LVP flooring,' 'modern colors,' and 'LED lighting,' which are visible in the living areas and bedrooms, the kitchen significantly pulls down the overall condition score. The kitchen features dated honey oak cabinets and laminate countertops, along with a very old fluorescent box light and ceiling fan. Although some appliances (refrigerator, range, dishwasher) appear to be newer stainless steel, the core kitchen elements are clearly outdated. There are no images of the bathroom, but assuming it aligns with the kitchen's older style, it would also require updates. The property is move-in ready due to recent cosmetic updates, but the kitchen and likely bathroom require substantial renovation to meet contemporary standards, fitting the 'Fair' criteria of being aged but maintained with functional but outdated major components.
Pros & Cons
Pros
Private Outdoor Space: The condominium boasts a huge private yard with a storage shed, offering valuable outdoor living space ideal for kids, pets, or personal enjoyment, a rare find in condo living.
Modern Interior Updates: Recently updated with stylish LVP flooring, modern colors, and LED lighting, the interior presents a move-in ready condition, minimizing immediate renovation costs for a new owner.
Indoor Laundry Convenience: The inclusion of indoor laundry facilities provides a significant convenience, enhancing daily living comfort and privacy compared to shared laundry options common in condominiums.
Comprehensive Community Amenities: Residents benefit from a well-maintained complex offering extensive amenities such as large lawn areas, a playground, swimming pool, and spa, fostering a vibrant community lifestyle.
Enhanced Privacy: Positioned for ultimate privacy within the complex, this unit offers a more secluded living experience, a desirable attribute for condominium dwellers.
Cons
High Association Fees: The monthly association fee of $450.0 is relatively high for a 1-2 bedroom, 1-bathroom condo, potentially impacting overall affordability and long-term ownership costs.
Compact Interior Size: With 780 square feet, the interior living space is quite compact, especially for a unit described as having two bedrooms, which may limit comfort for some buyers or families.
Bedroom Count Discrepancy: There is an inconsistency between the property description stating '2-bedroom' and the data field indicating 'beds: 1', which could cause confusion or misaligned expectations for potential buyers.