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868 E Alvarado St #281 / 28 · Click to zoom

About this home

Enjoy the perfect blend of comfort, convenience, and small-town charm in this private upstairs corner-unit condominium located in the heart of downtown Fallbrook. Featuring two spacious bedrooms and two full bathrooms, this inviting residence offers an ideal layout for everyday living. The upgraded kitchen showcases granite countertops, stainless steel appliances, and ample cabinetry, while updated flooring throughout adds a modern touch. The bright and welcoming living area opens to a relaxing private balcony, creating the perfect space to enjoy your morning coffee or unwind at the end of the day. Nestled within The Oaks community, the property is surrounded by mature trees and gentle rolling slopes that provide a peaceful setting. Residents enjoy access to a community pool, spa, tot lot play areas, laundry facilities, and convenient parking. Located just blocks from the heart of downtown Fallbrook, you'll love the ability to walk to local shops, restaurants, entertainment venues, and community gathering spaces. With easy access to I-15 less than 10 minutes away, commuting throughout North San Diego County and beyond is simple and convenient. This well-appointed home offers an exceptional value in one of Fallbrook's most desirable locations. Don't miss your chance to make it yours!

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$326,000 · Nov 2022
📋 Assessed value$345,953
💵 Annual tax$3,665
🏫 School districtFallbrook Union High School District

MLS #260014691

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Interest rate %
Loan term (yrs)
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Estimated total monthly payment
$2,381
Principal & interest$1,921
Property tax$348
Home insurance$111
Down payment: $76,000Loan: $304,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.