Multifamily

Fallbrook, CA Multifamily Properties for Sale

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Tenant-Occupied Triplex Residence
Updated: Jun 13
Tenant-Occupied Triplex Residence

3013-3017 S Mission Road, Fallbrook, CA 92028

$600,000
1,272 sqft 0.67 AC lot
Triplex in Fallbrook, CA with three 1‑bedroom, 1‑bath units
Includes one 480 SF home plus a detached duplex with each side approximately 396 SF
All three units are currently tenant occupied for immediate rental income
Option to live in one unit and rent out the other two
Large 2/3‑acre lot
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Tenant-Occupied Triplex Home
Updated: Jul 9
Tenant-Occupied Triplex Home

3013 3017 S Mission Rd, Fallbrook, CA 92028

$600,000
0.67 AC lot
Triplex built in 1941 with three tenant‑occupied 1‑bedroom, 1‑bath units
All units are currently tenant occupied, providing immediate rental income
Unit mix: 480 SF home plus a detached duplex with each side approx. 396 SF
Very large 2/3‑acre lot
Option to live in one unit and rent the other two
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Mixed-Use Corner Duplex and Office
Mixed-Use Corner Duplex and Office

408 N Pico ave, Fallbrook, CA 92028

$1,075,000
10,653 sqft

Corner property combines a residential duplex and commercial office under mixed-use zoning for flexible owner or tenant use.

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Three Detached Homes on One Lot
Three Detached Homes on One Lot

537 DeLuz Rd, Fallbrook, CA 92028

$1,095,000

Three detached cottage-style homes in Fallbrook's strong rental market.

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Turn Key Home in Fallbrook
Turn Key Home in Fallbrook

4650 Dulin 178, Fallbrook, CA 92028

$485,000
9,613.00 AC lot

Home in active 55+ community with many amenities.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Fallbrook, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Income Quadplex
Residential Income Quadplex

332 S El Camino Real, Oceanside, CA 92058

$1,649,000
0.25 AC lot

For sale quadplex positioned as a straightforward residential income opportunity in Oceanside, CA.

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Residential Income Property with R-2 Zoning
Residential Income Property with R-2 Zoning

803 N Citrus Avenue, Vista, CA 92084

Contact for pricing
731 sqft 0.16 AC lot

For-sale multifamily property in Vista, California, zoned R-2 and sized for residential income use.

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Vista Multifamily Income Property
Vista Multifamily Income Property

6937 Kellyn Lane, Vista, CA 92084

$1,740,000
2.57 AC lot

Three rentable spaces on 2.57 acres with owned solar.

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Oceanside Multifamily Property for Sale
Oceanside Multifamily Property for Sale

176 Flicker Ln, Oceanside, CA 92057

$329,999
0.04 AC lot

Multifamily property in Oceanside, CA, available for purchase.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Zoned MO Land Parcel
Zoned MO Land Parcel

23700 Oak Circle Drive, Wildomar, CA 92595

$1,150,000
10.06 AC lot

Commercial land for sale in Wildomar, zoned MO, offering space for suitable development plans.

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Recreational Land with Outdoor Living
Recreational Land with Outdoor Living

45525-lot 430 Highway 79, Aguanga, CA 92536

$189,900

Land with build-out areas, outdoor kitchen, and resort amenities.

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Lake Elsinore Hillside Lot
Lake Elsinore Hillside Lot

Reid Street, Lake Elsinore, CA 92530

$55,900
0.21 AC lot

Hillside lot with mountain views, convenient location, utilities ready.

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Usable 20 Acres in Aguanga
Usable 20 Acres in Aguanga

47925 Chris Allen Way, Aguanga, CA 92536

$98,000
20.02 AC lot

20 acres of usable land with gentle terrain.

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Off-Market Properties in Fallbrook, CA

Consider similar Off-Market properties in Fallbrook, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

235 Aviation Rd
MOBILE HOME PARK, TRAILER PARK

235 Aviation Rd, Fallbrook, CA 92028-3305

$6,000,000
Estimated value
2.87 AC lot
View details
1149 Alturas Rd
APARTMENT HOUSE (5+ UNITS)

1149 Alturas Rd, Fallbrook, CA 92028-6111

$1,055,000
Estimated value
4,032 sqft 0.28 AC lot
View details
331 Main Ave
APARTMENT HOUSE (5+ UNITS)

331 Main Ave, Fallbrook, CA 92028-2939

$1,500,000
Estimated value
2,582 sqft 0.20 AC lot
View details
1105 Old Stage Rd
APARTMENT HOUSE (5+ UNITS)

1105 Old Stage Rd, Fallbrook, CA 92028-3471

$2,965,000
Estimated value
12,684 sqft 0.56 AC lot
View details
127 Kalmia St
APARTMENT HOUSE (5+ UNITS)

127 Kalmia St, Fallbrook, CA 92028-1963

$1,165,000
Estimated value
4,004 sqft 0.15 AC lot
View details
303 Clemmens Ln
APARTMENT HOUSE (5+ UNITS)

303 Clemmens Ln, Fallbrook, CA 92028-4074

$2,880,000
Estimated value
16,764 sqft 0.72 AC lot
View details
305 Clemmens Ln
APARTMENT HOUSE (5+ UNITS)

305 Clemmens Ln, Fallbrook, CA 92028-4057

$5,850,000
Estimated value
18,840 sqft 0.72 AC lot
View details
1133 Old Stage Rd
APARTMENT HOUSE (5+ UNITS)

1133 Old Stage Rd, Fallbrook, CA 92028-3492

$2,220,000
Estimated value
13,202 sqft 0.53 AC lot
View details
1514 Msn Rd, Unit 24
APARTMENT HOUSE (5+ UNITS)

1514 Msn Rd, Fallbrook, CA 92028-2404

Unit 24
$760,000
Estimated value
4,062 sqft 1.59 AC lot
View details
1244 Alturas Rd
APARTMENT HOUSE (5+ UNITS)

1244 Alturas Rd, Fallbrook, CA 92028-3938

$530,000
Estimated value
3,082 sqft 0.18 AC lot
View details
1255 Old Stage Rd
APARTMENT HOUSE (5+ UNITS)

1255 Old Stage Rd, Fallbrook, CA 92028-4100

$4,670,000
Estimated value
18,627 sqft 0.66 AC lot
View details
212 Fallbrook St
APARTMENT HOUSE (5+ UNITS)

212 Fallbrook St, Fallbrook, CA 92028-3374

$1,555,000
Estimated value
12,805 sqft 0.58 AC lot
View details
235 Kalmia St
APARTMENT HOUSE (5+ UNITS)

235 Kalmia St, Fallbrook, CA 92028-1969

$1,445,000
Estimated value
5,472 sqft 0.20 AC lot
View details
470 Ammunition Rd, Unit 88
APARTMENT HOUSE (5+ UNITS)

470 Ammunition Rd, Fallbrook, CA 92028-3213

Unit 88
$765,000
Estimated value
4,184 sqft 0.40 AC lot
View details
329 Pico Ave, Unit A
APARTMENT HOUSE (5+ UNITS)

329 Pico Ave, Fallbrook, CA 92028-1948

Unit A
$1,025,000
Estimated value
4,903 sqft 0.16 AC lot
View details
145 Clemmens Ln
APARTMENT HOUSE (5+ UNITS)

145 Clemmens Ln, Fallbrook, CA 92028-4027

Value Estimation by Request
14,112 sqft 0.71 AC lot
View details
821 Old Stage Rd
APARTMENT HOUSE (5+ UNITS)

821 Old Stage Rd, Fallbrook, CA 92028-4701

$2,200,000
Estimated value
27,406 sqft 1.65 AC lot
View details
1210 Vine St
APARTMENT HOUSE (5+ UNITS)

1210 Vine St, Fallbrook, CA 92028-3342

$720,000
Estimated value
4,500 sqft 0.21 AC lot
View details
123 Pasadena Ave, Unit 33
APARTMENT HOUSE (5+ UNITS)

123 Pasadena Ave, Fallbrook, CA 92028-2034

Unit 33
Value Estimation by Request
3,500 sqft 0.20 AC lot
View details

Fallbrook, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Fallbrook, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,925 square feet of properties for sale, with an estimated market value of $1,675,000.

Sale prices for multifamily properties in Fallbrook, CA start at $600,000, averaging $837,500, and reaching up to $1,075,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3
Triplexes 2
Mobile home & RV parks 1

Demographics Overview

Population 51K
Population Growth (5Y) +3.1%
Median Household Income $102,346
College Educated 24.6%

High-Yield Neighborhoods for Investment

Identify Fallbrook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
92028 $1.1M

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $11.84 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Diego County

New Delisted

Total CRE Inventory on Market (SF)

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