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168 5th St, Rainbow, CA, 92028
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Land sold for $500,000 in 108 days

168 5th St Rainbow, CA, 92028

Off the market 9.53 acres

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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

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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
$1,536 per month
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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Supermarket
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no data
Costco
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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
More info

Education level

22% have high school education
More info

Number of employees

5% work in education and healthcare
More info

Vehicles available

40% have 2 vehicle
More info

Vehicles by gender

40% have 2 vehicle
More info

Housing market insights for

$751.1k
Neighborhood average
sales price*
$777.5k
Neighborhood median
sales price*
24
Number
of sales*

Housing type

75% are single detacheds
More info

Rooms

35% of the houses have 4 or 5 rooms
More info

Bedrooms

65% have 2 or 3 bedrooms
More info

Owners vs Renters

67% are owners
More info
6.83 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Location Details, Documents & Disclosures

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 05-14-2024. 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 3 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.
Land Sold $500k 168 5th St, Rainbow, CA, 92028 9.53 acres Save House Remove from Saved