SOLD 11/15/2023
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Land sold for $500,000 in 108 days
168 5th St Rainbow, CA, 92028
Off the market 9.53 acres
DRASTIC PRICE REDUCTION!! Motivated Seller! WANTS IT SOLD NOW!! Investment Opportunity! Enjoy monthly income of ($2000/MONTH) billboard sign lease. The subject property includes 2 parcels totaling 16.8 acres (APN #102-530-18-00 and APN #102-530-19-00) At the miniumu will support 2 residential sites. There is approx. 849 feet of frontage off Old Highway 395, including direct frontage of Interstate 15. The property is also right next door to the historic Rainbow Oaks Restaurant which also includes a gas station, grocery store, and cabanas. There are many potentials such as: residential use, nursery, storage,small rv park or other commercial use with a possible zoning change or CUP (Conditional Use Permit). Buyer to verify any potential use with San Diego County Building and Safety Dept. Many possible home sites, flat usable land, a panoramic view, lush tropical vegetation, endless oak tress, and a year round creek running through the property. Will clean up like a park!! Buyer to verify property access points. All utilities are at the street, there is a 2" water meter. There is a MWD Aqueduct easement going between the 2 properties Property nearest freeway has an old elevated pad site on south part upper area. Fantastic Opportunity awaits! 2 APNS 102-530-18,19 San Diego county Fall
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Property details
415,127 sqft interior area
View
Trees/Woods, Other
Land area
415,127 sqft (9.53 acres)
Price per sqft
$1/sqft
Address
168 5th St, Rainbow, CA, 92028
City of California
Rainbow
County
San Diego
Previous price
$925,000
District
Listing
Zoning
RR
Open Houses
No upcoming open houses
Listed by
Randy Roth, Fairway and Ranch Realty
Name
Randy Roth
License number
00893936
Brokerage company
Fairway and Ranch Realty
MLS #
CRSW23140907
Buyer agent
Name
Randy Roth
Brokerage company
Fairway and Ranch Realty
Payment calculator
Calculate your monthly payments
Mortgage
$1,536
Taxes
$0
HOA dues
$0
Mortgage
$100,000 / 20%
2.28%
30 years
Your amount
$1,536 / month
Lot details
TMK #1025301800
Lot Description
Paved
Parcel #
1025301800
92028 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 92028
35%
Families with children
National average: 39%
23%
Non family households
182,089
Population
$104,774
Average Income
Age & gender
Median age 40 years
More info
Commute types
84% commute by car
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Education level
22% have high school education
More info
Number of employees
5% work in education and healthcare
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Vehicles available
40% have 2 vehicle
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Vehicles by gender
40% have 2 vehicle
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Housing market insights for
$762.02k
Neighborhood average
sales price*
sales price*
$805k
Neighborhood median
sales price*
sales price*
23
Number
of sales*
of sales*
Housing type
75% are single detacheds
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Rooms
35% of the houses have 4 or 5 rooms
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Bedrooms
65% have 2 or 3 bedrooms
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Owners vs Renters
67% are owners
More info
6.83 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Location Details, Documents & Disclosures
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Directions to property
Rainbow Exit off !-15 Head Sout
Price history
Sold Nov 15, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 15, 2023 | Sold | $500,000 | 1.2 | Public Record |
| Nov 15, 2023 | Price Decrease | $500,000 -39.39% | 1.2 | MLS #CRSW23140907 |
| Sep 12, 2023 | Price Decrease | $825,000 -7.82% | 1.99 | MLS #CRSW23140907 |
| Aug 23, 2023 | Price Decrease | $895,000 -8.21% | 2.16 | MLS #CRSW23140907 |
| Jul 31, 2023 | New Listing | $975,000 | 2.35 | MLS #CRSW23140907 |
| Aug 1, 2023 | Unavailable | $975,000 | 0 | MLS #CRSW22209803 |
| Jun 10, 2023 | Price Decrease | $975,000 -20.41% | 1.33 | MLS #CRSW22209803 |
| Sep 26, 2022 | New Listing | $1,225,000 | 1.67 | MLS #CRSW22209803 |
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Frequently Asked Questions about 168 5th St
What is 168 5th St?
168 5th St is a lot of 9.53 acres (about is 415,127 sqft).
What is the full address of this Land?
168 5th St, Rainbow, CA, 92028.
Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Nov 16, 2023
Verhouse Last checked 2 minutes ago
The 92028 zip area has a population of 182,089, and 35% of the families have children. The median age is 40.23 years and 84% commute by car. The most popular housing type is "single detached" and 67% is owner.
