1132 Rainbow Hills Rd, Fallbrook, CA 92028 Property Records

San Diego County property record for 1132 Rainbow Hills Rd, Fallbrook, CA 92028

Property Summary

Property Type	Agricultural Vacant Land
Lot Size	10.1 acres (443,441 sqft)
Owner	Company Name on File
Last Sale	$7,981,000 (Nov 2022)
Tax Bill	$7,070 (2025)
Deeds & Mortgages	Nov 2022 Sale Nov 2022 Sale + 5 more
Flood Zone	Zone X (minimal risk)
APN	`102-720-15-00`

Property Details

APN / Parcel Number

Primary APN	`102-720-15-00`

Exterior

Lot Area	443,441 sqft

Location & Zoning

Street Address	1132 RAINBOW HILLS RD
City	FALLBROOK
State	CA
Zip	92028
Property Category	Agriculture or Farming
Property Type	Vacant Land > Agricultural
Local Zoning Code	RR
Legal Description	LOT 4 TR 011254
Legal Subdivision	FALLBROOK #3804
Legal Tract	011254
Legal Block	2
Legal Lot Number	4
Jurisdiction	SAN DIEGO CA
Township / Civil Division	FALLBROOK
Census Block Group	2
Census Block	2009
Census Tract	19001

Owner

Source: San Diego County assessment roll, as of July 21, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	14000 N PIMA RD, 150, SCOTTSDALE, AZ 85260-3972
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Nov 22, 2022	Grant Deed, Transfer
Nov 22, 2022	Lease, Transfer FIRST AMERICAN TITLE INSURANCE COMPANY NA, FIRST AMER TTL INS CO NATL C
Sep 12, 2022	Deed of Trust, Mortgage · Stand-Alone Second Mortgage ARES CAPITAL CORPORATION
Sep 12, 2022	Deed of Trust, Mortgage · Commercial Mortgage ACF FINCO I LP
Oct 6, 2021	Grant Deed, Transfer FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO
Mar 20, 2020	Deed of Trust, Mortgage NATIONAL BK/AZ
Nov 1, 2017	Grant Deed, Mortgage · Line of Credit US BK

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Nov 22, 2022 · Amount on Record
Deed Sale	Nov 22, 2022 · Amount on Record
Prior Sale	Apr 15, 2004 · Amount on Record
Deed Document Number	2022447309
Prior Transfer Date	Feb 24, 2005
Prior Transfer Doc	0000158765
Record Updated	Sep 20, 2026

November 2022: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SAN DIEGO CA
Recording Date	Nov 22, 2022
Property Address	1132 RAINBOW HILLS RD, FALLBROOK, CA 92028
Document Number	0000447309
Map Reference	MAP 11254
Instrument Date	Nov 18, 2022
Instrument	2022-0447309
Transaction Type	Transfer
Record Updated	Dec 5, 2022

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Investor	Possibly a Property Investor

November 2022: Lease, Transfer

Document Type	Lease
Jurisdiction	SAN DIEGO CA
Recording Date	Nov 22, 2022
Property Address	1132 RAINBOW HILLS RD, FALLBROOK, CA 92028
Document Number	0000447310
Map Reference	MAP 11254
Instrument Date	Nov 18, 2022
Instrument	2022-0447310
Transaction Type	Transfer
Record Updated	Dec 5, 2022
Title Company	FIRST AMERICAN TITLE INSURANCE COMPANY NA, FIRST AMER TTL INS CO NATL C

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

September 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SAN DIEGO CA
Property Address	1132 RAINBOW HILLS RD, FALLBROOK, CA 92028
Transaction Type	Mortgage
Record Updated	Sep 21, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000361361
Date	Sep 12, 2022
Instrument	2022-0361361

Lender

Name	ARES CAPITAL CORPORATION
Type	Non-Lending Institution
Address	NEW YORK, NY 10167

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount Recorded

September 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SAN DIEGO CA
Property Address	1132 RAINBOW HILLS RD, FALLBROOK, CA 92028
Transaction Type	Mortgage
Record Updated	Sep 21, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000361360
Date	Sep 12, 2022
Instrument	2022-0361360

Lender

Name	ACF FINCO I LP
Type	Non-Lending Institution
Address	NEW YORK, NY 10167

Agreement

Type	Commercial Mortgage

October 2021: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SAN DIEGO CA
Recording Date	Oct 6, 2021
Property Address	1132 RAINBOW HILLS RD, FALLBROOK, CA 92028
Document Number	0000698455
Map Reference	MAP 11254
Instrument Date	Sep 27, 2021
Instrument	2021-0698455
Transaction Type	Transfer
Record Updated	Jul 25, 2022
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	19820 N 7TH ST STE 260, 260, PHOENIX, AZ 85024-1696

March 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SAN DIEGO CA
Property Address	1132 RAINBOW HILLS RD, FALLBROOK, CA 92028
Document Number	0000146614
Instrument Date	Mar 20, 2020
Transaction Type	Mortgage
Record Updated	Apr 9, 2020
Title Company	COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH LAND TITLE CO.

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	19820 N 7TH ST #260 PHOENIX AZ 850241696, 260, PHOENIX, AZ 85024-1696

Mortgage

Document Number	0000146614
Date	Mar 20, 2020
Instrument	146614

Lender

Name	NATIONAL BK/AZ
Type	Bank
Address	6001 N 24TH ST, PHOENIX, AZ 85016-2018

Agreement

Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate
Rate	2%

November 2017: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	SAN DIEGO CA
Recording Date	Nov 1, 2017
Property Address	1132 RAINBOW HILLS RD, FALLBROOK, CA 92028
Instrument Date	Oct 31, 2017
Instrument	509283
Transaction Type	Mortgage
Record Updated	Nov 7, 2017
Title Company	FIRST AMERICAN TITLE INS CO NA

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	19820 N 7TH ST PHOENIX AZ 850241689, PHOENIX, AZ 85024-1689

Mortgage

Document Number	0000509283
Date	Nov 1, 2017
Instrument	509283

Lender

Name	US BK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: San Diego County assessment roll, as of July 21, 2026

Property Jurisdictions

Type	Name
State	California
County	San Diego County
Secondary School District	Fallbrook Union High School District (09 - 12)
Elementary School District	Vallecitos Elementary School District (KG - 08)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$673,866 (+2%) Land $355,504 Building $318,362
2025	$7,070.00 (+0.11%)	$660,654 (+4.04%) Land $348,534 Building $312,120
2024	$7,062.00 (+2.36%)
2023	$6,899.00 (+37.51%)	$635,000 Land $335,000 Building $300,000
2022	$5,017.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 3, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Very High above 91% of the US · above 74% of California
Wildfire Likelihood	2% annual chance
Exposure	Direct burnable vegetation at the parcel

Insurers in high-risk areas may require mitigation or decline coverage; check availability before making an offer.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	RAINBOW MUNICIPAL WD serves 23,536 people · EPA ID CA3710016
Water Source	Purchased surface water from several systems
Last State Inspection	Dec 2023
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 81 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
San Diego Broadband Fixed Wireless	500 / 100
Starlink Satellite	280 / 30

May also be available: T-Mobile USA, Verizon.

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