Sold
Last Sold Price
3 beds1,189 sqft$673/sqft
740 Iowa St, Fallbrook, CA 92028
Single FamilyProperty Type
0.26 acresLot Size
1957Year Built
$673/sq ftPrice per sq ft
5 carsParking Spaces

Description

Perfect Investment Property- so much potential for the first time homebuyer or investor. Features: Square Footage: 1,189 sq ft. Additional Space: 600+ sq ft basement. Two Gates: Secure and private entryways. Recently Updated: Modern and stylish updates throughout the home. Ample Parking: Plenty of space for your toys, equipment, and RV. Pool Potential: Room available to install a pool for added luxury and enjoyment. This charming single-family home in the heart of Fallbrook offers a perfect blend...Perfect Investment Property- so much potential for the first time homebuyer or investor. Features: Square Footage: 1,189 sq ft. Additional Space: 600+ sq ft basement. Two Gates: Secure and private entryways. Recently Updated: Modern and stylish updates throughout the home. Ample Parking: Plenty of space for your toys, equipment, and RV. Pool Potential: Room available to install a pool for added luxury and enjoyment. This charming single-family home in the heart of Fallbrook offers a perfect blend of comfort and convenience. With three bedrooms and two full bathrooms, it provides ample space for a family. The 1,189 sq ft living area is complemented by an additional 600+ sqft basement, ideal for storage or a potential recreation room. Turn the basement into additional living space or a JR ADU. The property is set on a 0.26 acres lot with two gates, ensuring privacy and security. A separate lot 0.17 acres is included, offering even more space and potential for expansion. There is room for a garden and to add various fruit trees, providing fresh produce right from your backyard. Recent updates have modernized the home, making it move-in ready. There's plenty of parking space for your vehicles, toys, and equipment, including room for an RV. For those looking to add a touch of luxury, there's also room to install a pool. Don't miss this opportunity with room to build an ADU, convert the basement into additional living space many possibilities.
  • Listed by: Sharon Corcoran DRE #01152204 Brokerage DRE #01905908 • HomeSmart Realty West
Listing closed: 11/22/2024 12:00 AM • Source: CRMLS, MLS#: NDP2405765

Recent comparable sales

Median sold price

$705,000

Avg days on market

30

Sale-to-list ratio

103.1%

Fallbrook, CA

9 comparable properties found

$700,000 | 737 North Vine Street, Fallbrook, CA 92028
1

$700,000

Sold 03/03/25

3
Bedrooms
1,200
Square Feet
0.23
Acres
$695,000 | 421 Hillcrest Lane, Fallbrook, CA 92028
2

$695,000

Sold 07/27/26

3
Bedrooms
1,227
Square Feet
0.16
Acres
a front view of a house with a yard and a garage
3

$685,000

Sold 02/18/25

3
Bedrooms
1,196
Square Feet
0.15
Acres
a front view of a house
4

$710,000

Sold 10/15/25

3
Bedrooms
1,127
Square Feet
0.17
Acres
$777,975 | 720 West Fig Street, Fallbrook, CA 92028
1/13
5

$777,975

Sold 11/24/25

3
Bedrooms
1,254
Square Feet
Unavailable
Acres
$720,000 | 950 East Elder Street, Fallbrook, CA 92028
6

$720,000

Sold 09/17/25

3
Bedrooms
1,318
Square Feet
0.19
Acres
a front view of a house with a yard and garage
7

$705,000

Sold 04/07/25

3
Bedrooms
1,121
Square Feet
0.14
Acres
$730,000 | 535 Shady Glen Drive, Fallbrook, CA 92028
8

$730,000

Sold 08/13/26

3
Bedrooms
1,207
Square Feet
0.17
Acres
a front view of house with yard and outdoor seating
1/23
9

$680,000

Sold 05/29/25

3
Bedrooms
1,098
Square Feet
0.26
Acres

Location

Listing Courtesy of HomeSmart Realty West, Sharon Corcoran, DRE #01152204

Sold By eXp Realty of California, Inc., Alexandra Haro, DRE #02211296

Add your commute

Payment Calculator

$4,778 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,066

Property Taxes

$712

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 740 Iowa Street

Property Details
  • MLS Type: Residential / Single Family Residence
  • View: Hills
  • Parking Spaces Total: 5
  • Private Pool: No
  • Cooling Type: None
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 1189
  • Assessor Parcel Number: 103-068-07-00
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Stories Total: 1
  • Entry Level: 1
  • Fireplace: Yes
  • Pool: No
  • Spa: No
  • View: Yes
  • View: Yes
  • Association: No
  • Association Fee: $.00
  • Zoning: R-1:SINGLE FAM-RES
  • Senior Community: No
  • Parcel Number: 1030680700
  • Area: 92028 - Fallbrook
  • Elementary School: Fallbrook Union Elementary Distr
  • Middle School: Fallbrook Union Elementary Distr
  • High School: Fallbrook
  • High School District: Fallbrook Union
  • Directions: E Mission Rd to Iowa St
Building Information
  • Stories: 1
  • Year Built: 1957
  • Lot Size: 0.26 AC / 11,325 SF
Income / Expense / Tax Details
Income Details
  • 433a Certified: No
Tax / Assessment Info
  • Tax Tract Number: 000490
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
  • Number Of Units In Community: 45
  • Complex Name: None
  • Association Name: None
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Up, Basement, Kitchen, Living Room, Primary Bathroom
  • Bedroom Features: All Bedrooms Up
Exterior Features
  • Entry Location: Front
  • Fence: No
  • Structures: Suburban
  • Other Structures: Suburban
  • Miscellaneous: Suburban
  • View Description: Hills
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Additional Parcels Description: APN#103-068-09-00
  • Lot Features: Back Yard, Sprinklers None
  • Lease Considered: No
  • Number Of Units: 45
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Well Report: No
  • Levels: One
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport, Driveway
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 1
  • Attached Garage: No
  • Parking Features: Carport, Driveway
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 740 Iowa Street

DateEvent & SourcePriceAppreciation
Nov 22, 2024

Sold

CLAW #NDP2405765MR

$800,000
Nov 22, 2024

Sold

SDMLS #NDP2405765

$800,000
Nov 22, 2024

Sold

CRMLS #NDP2405765

$800,000
DateEvent & SourcePrice
11/22/2024

Sold

CLAW #NDP2405765MR

$800,000
11/22/2024

Sold

SDMLS #NDP2405765

$800,000
11/22/2024

Sold

CRMLS #NDP2405765

$800,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 740 Iowa Street

Taxable ValueLand$663,000Additions$153,000Total$816,000
Tax Record2025$8,538 ($712 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,189 SqFtAbove Grade Finished SqFt1,189 SqFtLot Size11,495 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated1977ZoningRSCountySAN DIEGOAPN103-068-07-00

Schools near 740 Iowa Street

This home is within Fallbrook Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fallbrook Street Elementary School
PublicK to 6

James E. Potter Intermediate School
Public7 to 8

Fallbrook High School
Public9 to 12

Ivy High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 740 Iowa Street, Fallbrook, CA 92028
$800,000
3
1,189
11,325
$355,000
2
2
1,332
7,432
2
2
1,277
9,712
2
1
778
11,810
$149,000
2
941
7,405
$650,000
3
1,099
7,405

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart Realty West, Sharon Corcoran, DRE #01152204

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.