Fallbrook, CA Multifamily Homes & Duplexes for Sale

/34
$3,475,000
- 26 Beds
- 26 Baths
- 12,050 Sq Ft
725 Alturas Ln, Fallbrook, CA 92028

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

Austin Ray Huffman Marcus & Millichap

725 Alturas Ln, Fallbrook, CA 92028
Explore Fallbrook
/23
$1,625,000

$70K PRICE DROP
- 10 Beds
- 7 Baths
- 4,903 Sq Ft
329 N Pico Ave, Fallbrook, CA 92028

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% -

Corey McHenry David Santistevan

329 N Pico Ave, Fallbrook, CA 92028
/9
$1,095,000

$55K PRICE DROP
- 4 Beds
- 3 Baths
- 1,700 Sq Ft
537 De Luz Rd, Fallbrook, CA 92028

**Three (3) Detached Cottage Style Homes on One Lot** Great Location in One of San Diego’s Strongest Rental Markets • Two (2) Detached 2Bdrm/1Bthrm Houses + One (1) Detached Studio • All Units Have Private Yards, In-Unit Laundry, & Off-Street Parking • Well-Maintained / High Income Property • Separately Metered for SDGE & Submetered for Water • Walking Distance to Downtown Fallbrook • Nearby

Angelo La Bruna Apartment Realty Group (ARG)

537 De Luz Rd, Fallbrook, CA 92028
/12
$999,900

$75K PRICE DROP
- 2 Beds
- 2 Baths
- 1,440 Sq Ft
408 N Pico Ave, Fallbrook, CA 92028

REDUCED! HIGH-VISIBILITY CORNER!!! RESIDENTIAL DUPLEX + COMMERICIAL OFFICE with MAJOR RE-DEVELOPMENT POTENTIAL. Own the entire corner. This property offers a rare chance for an owner-occupant seeking an income-producing property or an investor ready to capitalize on the site’s serious redevelopment upside. This package includes three contiguous lots, totaling 10,653 sq ft and zoned FB-V2—a

Deanne Estrada West Capital Real Estate

408 N Pico Ave, Fallbrook, CA 92028

California San Diego County

Why Live in Fallbrook

Fallbrook, CA, located in San Diego County, is known as the "avocado capital of the world" and offers a rural residential lifestyle. The area is characterized by its historic charm, with many original downtown buildings and one of the county's oldest schools. Residents enjoy spacious equestrian properties and a variety of home styles, including Main Avenue cottages, Spanish-style homes, stucco condos, and large estates. The community is surrounded by oak and avocado trees, providing a serene environment free from light pollution. Local attractions include the 50-acre Los Jilgueros Preserve, the Santa Margarita River Trail Preserve, and the public Golf Club of California. Families frequent Live Oak Park for playgrounds and picnics, while the Fallbrook Art Center and the retro Mission Theater offer cultural experiences. The Fallbrook Union High School District and the private Willow Tree school are highly rated, with guaranteed admission to California State University San Marcos for qualifying graduates. Main Avenue features boutiques, cafés, and salons, while Peppertree Village Plaza and Fallbrook Towne Center provide convenient shopping options. Fallbrook is 7 miles from Camp Pendleton, 15 miles from Temecula Valley Hospital, and 30 miles from McClellan-Palomar Airport. The area has a lower crime risk compared to the national average but faces a high wildfire risk. The annual Fallbrook Avocado Festival draws over 100,000 visitors for guacamole contests, live music, and more.

Learn more about living in Fallbrook

Home Prices in Fallbrook, CA

The median home sale price in Fallbrook, CA is $935,000, up 1% year-over-year. Homes in Fallbrook sell in 50 days on average, compared to the national average of 56 days.

Home Price Trends

Median Sale Price $935,000	Median Single Family Sale Price $1,007,000
Median Townhouse Sale Price $935,000	Median 2 Bedroom Sale Price $655,000
Median 1 Bedroom Sale Price $399,000	Average Price Per Sq Ft $456
Number of Homes for Sale 116	Last 12 months Home Sales 393
Months of Supply 3.50	Median List Price $999,999
Median Change From 1st List Price 2%	Median Home Sale Price YoY Change 1%

How to Buy a Home How to Finance a Home How to Sell a Home

In Fallbrook, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $999,900 to $3,475,000, there's a range to accomodate every budget. As of August, 2026 the median home price in Fallbrook is $999,999, while the average sale price is $1,044,753, offering insights into the local housing market. On average, multi-family homes spend 50 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Fallbrook, CA.

Fallbrook Types of Homes for Sale

Fallbrook Real Estate

More About Living in Fallbrook

Fallbrook Homes for Sale by Style

Multi-family Homes for Sale in Nearby Neighborhoods

Multi-family Homes for Sale in Nearby Cities

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