RENTED AUG 26, 2026

303 W Clemmens Ln Fallbrook, CA 92028

Fallbrook Area
2 Beds
1 Bath
16,764 Sq Ft
0.72 Acre Lot

Sale Details

Date Sold: August 14, 2024

Last sale price $7,375,000 $440 Per Sq Ft

150 Days on Market

About This Home

As of August 2024

Welcome to Fallbrook (aka The Friendly Village), a charming town tucked away in the serene rolling hills of San Diego County. Venture out and mingle with the locals at the Saturday and Sunday Farmer''s Markets where you can pick up the freshest local produce or wander in the historic downtown district. Just a 25-35 minute drive from San Marcos, Escondido, the wineries of Temecula, and gorgeous beaches in Carlsbad and Oceanside. Only a 15 minute drive to Camp Pendleton.

Fallbrook, CA is a beautiful rural community that offers a peaceful and relaxed lifestyle. With a focus on nature, outdoor activities, and community, residents enjoy the beauty of the countryside and a slower pace of life. Fallbrook is known for its agricultural industry, particularly its production of avocados and citrus fruits.

The community celebrates its farming heritage with local farmers markets and festivals. The area also offers many outdoor recreational opportunities, from hiking and biking to horseback riding. Fallbrook is a thriving artistic community with a strong focus on local cuisine, making it an attractive place for those seeking a more laid-back and authentic lifestyle.

Home features:
- Open concept living area
- Stainless steel appliances including dishwasher and microwave
- Quartz countertops
- Custom cabinets with soft-close drawers
- Oversized kitchen sink
- Designer tile
- Custom paint
- Wood-style flooring
- In-unit washer/dryer
- A/C
- Ceiling fans
- Off-street parking

We are PET-FRIENDLY and allow all dogs regardless of weight or breed with an additional deposit of $250 and $55 monthly per pet.

Pictures may not be of actual home. Pricing may vary and is subject to change without notice. We follow all of Fallbrook's occupancy guidelines. F&F Property Management is an equal opportunity housing provider.

Last Agent to Sell the Property

Corey McHenry

David Santistevan License #01800485 Listed on: 12/01/2023

Last Buyer's Agent

Corey McHenry

David Santistevan License #01800485 Listed on: 12/01/2023

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.72

Home Design

  • Frame Construction

Interior Spaces

  • 2 Bedrooms
  • 16,764 Sq Ft Home
  • 2-Story Property

Additional Homes

  • Number of ADU Units: 22

Community Details

Overview

  • 2 Buildings
  • 22 Units

Building Details

  • Operating Expense $199,528

Property Details

Home Type

Multi-Family

Lot Details

0.72 Acres

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 5.62
  • Co List Office Mls Id: 5244
  • Living Area: 16764.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-01-31T02:59:45Z
  • FullAddress: 303 W Clemmens Lane
  • ShortSale: No
  • SDMLS_NumofADUUnits: 22.0
  • Special Features: None

Interior Features

  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Frame

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 22
  • Annual Operating Expense: 199528.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
F & F 303 Clemmens Lp
Bought by

Purchase Details

Closed on
Aug 14, 2018
Sold by
Hailey Sheryl A
Bought by
F & F 303 Clemmens L P

Purchase Details

Closed on
Oct 20, 2003
Sold by
Grimm Craig and Grimm Stina H
Bought by
Hailey John E and Hailey Sheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1998
Sold by
Clemmens 22
Bought by
Grimm Craig and Grimm Stina H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1998
Sold by
Clemmens 22
Bought by
Grimm Craig and Grimm Stina H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 1986
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Fallbrook, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,877,500 Fidelity National Title
F-22 Apartments Llc $2,877,500 Fidelity National Title
F & F 303 Clemmens L P $3,150,000 Ticor Title San Diego
Hailey John E $2,230,000 First American Title
Grimm Craig -- First American Title
Grimm Craig -- First American Title
-- $195,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $4,387,000
Previous Owner F & F 303 Clemmens Lp $3,500,000
Previous Owner F And F 303 Clemmens L P $3,050,000
Previous Owner Hailey John E $1,680,000
Previous Owner Hailey John E $1,500,000
Previous Owner Grimm Craig $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2026 08/26/26 Rented -- -- --
06/17/2026 06/17/26 Price Changed $2,450 +6.5% $3 / Sq Ft
05/21/2026 05/21/26 Price Changed $2,300 -6.1% $3 / Sq Ft
12/24/2025 12/24/25 Price Changed $2,450 +16.7% $3 / Sq Ft
12/18/2025 12/18/25 Price Changed $2,100 -4.5% $3 / Sq Ft
10/23/2025 10/23/25 Price Changed $2,200 -10.2% $3 / Sq Ft
08/23/2025 08/23/25 Price Changed $2,450 +2.1% $3 / Sq Ft
05/29/2025 05/29/25 Price Changed $2,400 +4.3% $3 / Sq Ft
05/13/2025 05/13/25 Price Changed $2,300 -2.1% $3 / Sq Ft
05/03/2025 05/03/25 Price Changed $2,350 -2.1% $3 / Sq Ft
08/15/2024 08/15/24 Price Changed $2,400 0.0% $3 / Sq Ft
08/14/2024 08/14/24 Sold $7,375,000 0.0% $440 / Sq Ft
07/18/2024 07/18/24 For Rent $2,250 0.0% --
05/02/2024 05/02/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $7,695,000 -3.5% $459 / Sq Ft
12/04/2023 12/04/23 For Sale $7,975,000 0.0% $476 / Sq Ft
11/02/2023 11/02/23 Price Changed $2,250 0.0% $3 / Sq Ft
11/02/2023 11/02/23 For Rent $2,250 -8.2% --
09/12/2023 09/12/23 For Rent $2,450 0.0% --
08/28/2023 08/28/23 For Rent $2,450 0.0% --
08/07/2023 08/07/23 For Rent $2,450 -- --
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $79,677 $7,557,855 $3,121,200 $4,436,655
2025 $79,677 $7,409,662 $3,060,000 $4,349,662
2024 $36,969 $3,444,982 $1,367,057 $2,077,925
2023 $35,810 $3,377,434 $1,340,252 $2,037,182
2022 $35,824 $3,311,211 $1,313,973 $1,997,238
2021 $34,718 $3,246,286 $1,288,209 $1,958,077
2020 $35,051 $3,213,000 $1,275,000 $1,938,000
2019 $34,431 $3,150,000 $1,250,000 $1,900,000
2018 $30,634 $2,786,429 $1,037,101 $1,749,328
2017 $30,033 $2,731,794 $1,016,766 $1,715,028
2016 $23,604 $2,163,000 $900,000 $1,263,000
2015 $23,494 $2,163,000 $900,000 $1,263,000
2014 $23,508 $2,163,000 $900,000 $1,263,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230023403

San Diego MLS

APN: 104-162-65-00

Your Personal Tour Guide

Ask me questions while you tour the home.