Pending Property MLS# 260018064SD

725 Alturas Lane

Fallbrook, CA 92028

$3,475,000

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About 725 Alturas Lane

We are pleased to present the “Solara Apartments,” a 13-unitmultifamily community located in Fallbrook, CA. Located at725 Alturas Lane, the property offers investors the opportunity to acquire a well-positioned asset in a growing North San Diego County submarket known for its relative affordability and strong rental demand. Built in 1988, the property is comprised entirely of thirteen (13)two-bedroom/two-bathroom residences averaging approximately 927 square feet. Each unit has been extensively remodeled and features upgraded bathrooms, stainless steel appliances, and quartz kitchen countertops with black, grey, and white backsplash tile. The property amenities also include air conditioners, off-street parking, on-site laundry facilities, pet area, and a BBQ and shared patio area. Situated on a 0.57-acre lot, the property benefits from a low-density setting with a residential feel. Residents enjoy convenient access to local retail, schools, and employment centers, along with regional connectivity to Oceanside, Temecula, and greater San Diego County. With its desirable unit composition, strong in-place income, and favorable submarket fundamentals, the “Solara Apartments” represents a compelling opportunity to acquire a stable, income-producing asset with long-term upside potential.

Property details

Property

Type
Mixed Use
MLS type
Other
Status
Pending
Original price
$3,475,000
MLS #
260018064SD

Exterior & lot

Features
Parking spaces: 0
Lot
1041005400

Schools

District
Fallbrook Union High School District

Financial

Parcel
1041005400

Location

Area
92028 - Fallbrook
County
San Diego
Community
0.0
Directions
Property is fully occupied. Please contact listing agent: Austin Ray Huffman [email protected] (858) 373-3122

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Questions on 725 Alturas Lane, Fallbrook, CA 92028, or want to see it in person?

Listed by Austin Huffman, Marcus & Millichap

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.