919 Olive Ave, Fallbrook, CA 92028-1560 is a single-family home in San Diego County. The property is located in Fallbrook, known for its rolling hills and avocado groves.
Property Overview
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Type: Single Family Residence
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Built: 1954
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Living Area: 1,766 square feet
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Bedrooms: 3
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Bathrooms: 3
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Lot Size: 6,534 square feet (approx. 0.15 acres)
Current Valuation & Status
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Status: Off Market (Last sold in September 2014).
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Estimated Value: Generally estimated between $695,000 and $850,000 as of early 2026.
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Tax Information: The 2025 property tax was approximately $1,398, with an assessed value of $134,625.
Location & Neighborhood
The property is located in Fallbrook, known for its rolling hills and avocado groves.
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Nearby Schools: Fallbrook Street Elementary, James E. Potter Intermediate, and Fallbrook High School.
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County: San Diego.
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Assessor’s Parcel Number (APN): 103-091-15-00.
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Note: There is a similar address (919 W Olive Ave) in Monrovia, CA that is currently a townhouse for sale.
Recent Comparable Sales (3-Bedroom Homes)
The following homes in the 92028 zip code sold recently and serve as strong indicators of current market value:
Address |
Sale Price |
Sale Date |
Sq. Ft. |
Beds/Baths |
| 212 S Wisconsin St | $699,000 | Dec 2025 | 1,810 | 3 / 3 |
| 503 Potter St | $715,000 | Dec 2025 | 1,641 | 4 / 3 |
| 903 Crescent Bnd | $725,000 | Feb 2026 | 1,656 | 3 / 2 |
| 4163 Lake Circle Dr | $760,000 | Feb 2026 | 1,970 | 3 / 3 |
| 535 W Fig St | $760,000 | Sept 2025 | 1,785 | 3 / 3 |
| 941 Morro Rd | $938,000 | Feb 2026 | 2,835 | 3 / 3 |
Key Market Trends for March 2026
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Price Stability: The median list price in Fallbrook is currently hovering around $855,000. While inventory has increased slightly, well-priced homes are still entering “pending” status in about 42 to 88 days.
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The “Land” Premium: In Fallbrook, value is heavily dictated by lot size and views. 919 Olive Ave sits on a standard residential lot (~6,881 sq. ft.). Homes with larger acreage (1+ acres) in the area are currently commanding over $1.1M.
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Interest Rates: Mortgage rates for a 30-year fixed loan are currently averaging in the low 6% range, which has brought some buyers back into the market compared to the highs of 2024-2025.
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Condition Matters: There is a notable “two-speed” market. Turnkey (renovated) homes are selling near or above list price, while original-condition homes (like many built in the 1950s) are seeing price reductions or longer sit times.
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