Fallbrook Homes with Mixed Use Subtype

Welcome to Fallbrook, California, a hidden gem nestled in the enchanting hills of San Diego County. Known for its stunning landscapes, vibrant agricultural heritage, and a charming small-town atmosphere, Fallbrook offers a unique blend of rural tranquility and modern convenience. With its picturesque views, abundant avocado groves, and a warm community spirit, it’s no wonder that Fallbrook is often referred to as the “Avocado Capital of the World.”

As you explore the real estate opportunities in Fallbrook, you’ll discover homes with a mixed-use subtype that perfectly embody the essence of this delightful town. These properties offer a unique advantage, combining residential living with the potential for commercial use. Imagine waking up in your cozy home, surrounded by lush greenery, and stepping into your own business space just steps away. Whether you envision a quaint café, a boutique shop, or a creative studio, the possibilities are endless.

Fallbrook’s mixed-use properties are strategically located near the heart of the town, making them ideal for those who appreciate the convenience of having work and home in close proximity. With a rich cultural scene, including local art galleries, farmer’s markets, and community events, residents enjoy a lifestyle that celebrates both work and leisure.

In Fallbrook, you’ll find a welcoming community that cherishes its roots while embracing innovation. Whether you're looking to invest in a mixed-use property or simply seeking a charming home to call your own, Fallbrook promises a lifestyle that harmoniously blends the best of both worlds. Come and discover the magic of Fallbrook, where your dreams can take root and flourish!

Newest Fallbrook Homes with Mixed Use Subtype

$9,060,000

260022912SD MLS ⋅ Active Status

The offering presents an opportunity to acquire a 54- unit senior multifamily portfolio comprised of two adjacent properties, Kalmia Courtyard and De Luz Apartments, in Fallbrook, California. Properties must be purchased together. The portfolio offers predictable rent growth through rents tied to Area Median Income (AMI) rather than market rents. Constructed in 1988 and 1997, the properties also offer newer construction, potentially reducing maintenance and long-term capital expenditures. Due to the recorded Regulatory Agreement, the portfolio qualifies for Low-Income Housing property tax abatement. Seller to convey 501(c)3 nonprofit entity to assist buyer with structure. The adjacent properties can be operated separately or together, providing operational efficiencies while maintaining separate income streams and flexibility to sell the proper ties individually in the future. Located within walking distance of Downtown Fallbrook, residents benefit from convenient access to locally owned shops, restaurants, boutiques, galleries, and everyday services in a charming small-town setting. Included 2 properties and 4 parcels - 234 W Kalmia Street & 420 N. Pico Ave, Fallbrook, CA 92028. APN: 103-131-06, 07 & 08 and 103-131-01-00

234 W Kalmia, Fallbrook

$999,900

2 Beds ⋅ 3 Baths ⋅ OC26105529 MLS ⋅ Active Status

REDUCED! HIGH-VISIBILITY CORNER!!! RESIDENTIAL DUPLEX + COMMERICIAL OFFICE. Own the entire corner. This property offers a rare chance for an owner-occupant seeking an income-producing property. This package includes three contiguous lots, totaling 10,653 sq ft and zoned FB-V2—a mixed-use designation allowing both commercial and residential development. The property sits at a signalized hard corner, commanding maximum visibility and frontage. Currently, the property consists of a residential duplex and a commercial office building, all with clean interiors & dependable tenants offering great stability. This is already an income-producing property. The caliber of exposure, zoning versatility, and proven income stream is nearly impossible to replicate at this price point.

408 N Pico ave, Fallbrook

$1,625,000

260007450SD MLS ⋅ Active Status

PRICE REDUCTION! Highly renovated 5-Plex right next to vibrant downtown Fallbrook, CA (North County San Diego). 4 of 5 units have been substantially renovated, along with the exterior of the property. Units are all rented at artificially low rents, giving a new owner an opportunity to increase rents with ease. Fallbrook has one of the lowest vacancy rates in all of San Diego County (2.9% - Costar). The property has an ideal unit mix of: 1 large 3BR/2.5BA TH (potential owner's unit), 3 - large 2BR/1BA's & 1 - 1BR/1BA. 8 off-street parking spaces & 2 garages. (10 total bedrooms and 6.5 bathrooms)

329 N Pico Ave, Fallbrook

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Fallbrook Homes with Mixed Use Subtype

Newest Fallbrook Homes with Mixed Use Subtype

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