Local rules require you to be signed in to see more photos.

Off market aug 2021 for $1.4M

—

Est. refi paymentEst. refi $9,969/mo

—

•

— ba

•

5,472

sq ft

235 W Kalmia St, Fallbrook, CA 92028

About this home

6 unit apartment building in a desirable area within Fallbrook, CA. This offer presents buyers with an opportunity to acquire a value add asset with potential to increase the below market rents. The property consists of a low maintenance landscaped building with carport parking for each unit, along with additional off street parking. The lot is . 20 acres with building square footage of 5472 sf, with units approx 920 sf each. The building was originally constructed in 1987 and has been very well maintained, with 4 of 6 units fully remodeled within last 5 years and a new roof installed during that same timeframe. New vinyl fencing was installed covering about 2/3rds of property within last 3 years. This fully occupied building consists of six 2 bed/2bath units in a spacious approx 900 sf, each include fireplaces and fully size laundry units.

Multi-familyProperty Type

1987Year Built

8,838 sq ftLot Size

$270Price/Sq.Ft.

14 spacesParking

Listed by Teresa Adams •DRE #01970935 • Sunshine Properties RealEstate

Bought with Gary Kaufman •DRE #01816761 • South Coast Commercial, Inc.

Redfin checked: a few seconds ago

•Source:CRMLS #NDP2107549

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 92028, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.3% MoM

Median sale price

$885K

$2K MoM

Avg. days on market

50d

10 days MoM

Recently sold homes

176

0 MoM

New listings for sale

NEW 1 HR AGO
$1,275,000
5 beds4 baths3,401 sq ft
365 Charles Swisher Ct, Fallbrook, CA 92028
OPEN SAT, 12PM TO 2PM
$499,000
2 beds2 baths1,308 sq ft
4115 Cyprus Island Ct, Fallbrook, CA 92028
OPEN SAT, 1:30PM TO 3:30PM
$1,150,000
4 beds2 baths1,920 sq ft
2005-07 Camino Rainbow, Fallbrook, CA 92028
$850,000
4 beds3 baths2,497 sq ft
3950 Hellers Bnd, Fallbrook, CA 92028
OPEN SAT, 11AM TO 2PM
$1,295,000
5 beds6.5 baths4,532 sq ft
40461 Rock Mtn, Fallbrook, CA 92028
VIDEO TOUR
$1,595,000
4 beds2 baths2,647 sq ft
2278 Lindsey Ct, Fallbrook, CA 92028
VIDEO TOUR
$969,000
3 beds2.5 baths2,612 sq ft
1031 Inverlochy Dr, Fallbrook, CA 92028
First Team Real Estate
$620,000
3 beds2 baths1,268 sq ft
310 Elbrook Dr, Fallbrook, CA 92028
$1,200,000
3 beds2.5 baths2,276 sq ft
4880 San Jacinto Circle East, Fallbrook, CA 92028
Real Brokerage Technologies
$875,000
3 beds2 baths1,766 sq ft
210 S Orange Ave, Fallbrook, CA 92028
See all

Provided by Redfin

Sale history for 235 W Kalmia St

Date

Event

Price

CRMLS #NDP2107549

Aug 27, 2021

Sold

$1,475,000

$270/sq ft

Jul 28, 2021

Pending

—

Jul 13, 2021

Relisted

—

Jun 30, 2021

Listed

$1,500,000

$274/sq ft

Public Records

May 6, 2008

Sold

$795,000

$145/sq ft

CRMLS #T313508

Jun 30, 2004

Listing Removed

—

Dec 10, 2003

Listed

$695,000

$127/sq ft

Public Records

Apr 1, 2004

Sold

$680,000

$124/sq ft

Public Records

Apr 3, 2001

Sold

$387,500

$71/sq ft

Public Records

Oct 1, 1993

Sold

$328,500

$60/sq ft

Public Records

Dec 17, 1990

Sold

$381,000

$70/sq ft

Public Records

Sep 10, 1985

Sold

$105,000

$19/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$16,856 (+2.4%)

$757,701 + $838,884

$1,596,585

2024

$16,457 (+3.2%)

$742,845 + $822,436

$1,565,281

2023

$15,950

$728,280 + $806,310

$1,534,590

2022

$15,957 (+65.4%)

$714,000 + $790,500

$1,504,500

2021

$9,649 (+7.5%)

$700,000 + $775,000

$1,475,000

2020

$8,976 (+1.0%)

$460,000 + $440,000

$900,000

2019

$8,886 (+6.0%)

$420,000 + $400,000

$820,000

2018

$8,382 (+8.5%)

$415,000 + $395,000

$810,000

2017

$7,728 (+7.1%)

$360,000 + $340,000

$700,000

2016

$7,218 (+0.4%)

$360,000 + $340,000

$700,000

2015

$7,186

$340,000 + $320,000

$660,000

2014

$7,190 (+0.6%)

$340,000 + $320,000

$660,000

2013

$7,146 (+20.8%)

$340,000 + $320,000

$660,000

2012

$5,917 (+0.4%)

$340,000 + $320,000

$660,000

2011

$5,895 (+1.1%)

$219,000 + $321,000

$540,000

2010

$5,831 (−32.3%)

$219,000 + $321,000

$540,000

2009

$8,614 (+16.7%)

$219,000 + $321,000

$540,000

2008

$7,380

$357,000 + $453,900

$810,900

Tax history for 235 W Kalmia St

Year

Property tax

Land + Additions

Assessment*

2025

$16,856 (+2.4%)

$757,701 + $838,884

$1,596,585

2024

$16,457 (+3.2%)

$742,845 + $822,436

$1,565,281

2023

$15,950

$728,280 + $806,310

$1,534,590

2022

$15,957 (+65.4%)

$714,000 + $790,500

$1,504,500

2021

$9,649 (+7.5%)

$700,000 + $775,000

$1,475,000

2020

$8,976 (+1.0%)

$460,000 + $440,000

$900,000

2019

$8,886 (+6.0%)

$420,000 + $400,000

$820,000

2018

$8,382 (+8.5%)

$415,000 + $395,000

$810,000

2017

$7,728 (+7.1%)

$360,000 + $340,000

$700,000

2016

$7,218 (+0.4%)

$360,000 + $340,000

$700,000

2015

$7,186

$340,000 + $320,000

$660,000

2014

$7,190 (+0.6%)

$340,000 + $320,000

$660,000

2013

$7,146 (+20.8%)

$340,000 + $320,000

$660,000

2012

$5,917 (+0.4%)

$340,000 + $320,000

$660,000

2011

$5,895 (+1.1%)

$219,000 + $321,000

$540,000

2010

$5,831 (−32.3%)

$219,000 + $321,000

$540,000

2009

$8,614 (+16.7%)

$219,000 + $321,000

$540,000

2008

$7,380

$357,000 + $453,900

$810,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,583 Sq. Ft.

Year renovated

1987

Sq. Ft.

5,472

Year built

1987

Style

Multi-Family (5+ Unit)

County

San Diego County

APN

1031110500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 20, 2026.

Urban Residential District

The RU Use Regulations are intended to create and enhance areas where permanent family residential uses are permitted and institutional residential care uses are conditionally permitted and civic uses are permitted when they serve the needs of the residents. Typically, the RU Use Regulations would be applied to rural, suburban, or urban areas where adequate levels of public services are available. Various applications of the RU Use Regulations with appropriate development designators can create areas which have a single-family character or areas which, because of the scale of structures, are recognizable as high-density areas.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Fire house
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space

Property details

Parking

Parking / Garage Information
Uncovered Spaces: 8
# of Carport Spaces: 6
# of Parking Spaces: 14

Interior

Laundry Information
Has Laundry
Individual Room, Stackable

Kitchen Information
Appliances: Built In Range, Garbage Disposal, High Efficiency Water Heater, Refrigerator
Has Appliances

Room Information
Laundry, Living Room, Primary Bathroom

Fireplace Information
Den
Has Fireplace

Flooring Information
Laminated, Carpet

Heating Information
Central Furnace
Has Heating

Interior Features
Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector
Window Features: Energy Star Windows

Expenses
Trash: $2,400
Total: $35,000
Insurance: $3,000
Water Sewer: $4,800
Electric: $360
New Taxes: $15,000
Gardener: $2,000

Multi-Unit Information
# of Units With Refrigerator: 6
# of Units With Range: 6
# of Units With Disposal: 6
Net Operating Income: $64,500
Sq. Ft.
Total Building Area: 5,472
Gross Scheduled Income: $99,500
Gross Income: $99,500
# Of Leased Units: 6
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 6
# Of Separate Electric Meters: 7
# Of Buildings: 1
# of Wall AC: 6

Exterior

Exterior Information
Roof: Flat Roof, Tar/Gravel
Fencing: Vinyl, Wood
Has Fence
Construction Materials: Drywall Walls, Frame

Foundation Information
Foundation Details: Concrete Perimeter

Exterior Features
Pool Features: None

Lot Information
Lot Size Source: Assessor's Data
Lot Features: Landscaped, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side

Property Information
Total # of Units: 6
Accessibility Features: Disability Features, Low Pile Carpeting, No Interior Steps, Parking, Wheelchair Access
Common Walls: 1 common wall
Parcel Number: 1031110500
Attached Property
Property Condition: Updated/Remodeled
Total # of Stories: 2
Year Built Source: Assessor

Financial

Assesments Information
Assessments: Unknown

Lease / Rental Details
Operating Expense: $29,000

Utilities

Utilities Information
Electric: Standard
Electricity Available
Water Source: District/Public

Location

Neighborhood Information
Community Features: Foothills, Gutters, Horse Trails, Preserve/Public Land, Sidewalks, Storm Drains, Street Lighting, Biking, Dog Park, Hiking

Location Information
Latitude: 33.38583020
Longitude: -117.25320831
Directions: GPS
Road Frontage Type: Access via City Streets
Road Surface Type: Paved
Zoning: Commercial

Public facts

Beds: 12
Baths: 12.0
Sq. Ft.: 5,472
Stories: 2.0
Lot Size: 9,583 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1987
Year Renovated: 1987
County: San Diego County
APN: 1031110500

Home facts updated by county records on Aug 20, 2026

Other

Listing Information
Days Active in MLS: 18

Listing Agent Information
List Agent First Name: Teresa
List Agent Last Name: Adams

Listing Office Information
List Office Name: Sunshine Properties RealEstate

Selling Agent Information
Buyer Agent First Name: Gary
Buyer Agent Last Name: Kaufman

Selling Office Information
Buyer Office Name: South Coast Commercial, Inc.

Around this home

Schools

William H. Frazier Elementary School

Public K-6 • Assigned • 1.6mi

7/10

James E. Potter Intermediate School

Public 7-8 • Assigned • 2.2mi

5/10

Fallbrook High School

Public 9-12 • Assigned • 2.6mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

7/10 Fire Factor

18% chance of being in a wildfire in next 30 years

6/10 Heat Factor

6 days above 94° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Fallbrook, CA • 92028

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 7.2 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

7.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$13,950,000

78 beds57 baths37,417 sq ft

1010 Clearbrook Ln, Vista, CA 92084

NEW 1 HR AGO

$9,500,000

5 beds5.5 baths26,728 sq ft

39011 Agua Vis, Murrieta, CA 92563

$8,300,000

34 beds28 baths18,195 sq ft

628 W California Ave, Vista, CA 92083

$2,500,000

11 beds10 baths6,268 sq ft

5710 Olive Hill Rd, Bonsall, CA 92003

$1,625,000

10 beds7 baths4,903 sq ft

329 N Pico Ave, Fallbrook, CA 92028

$9,060,000

58 beds54 baths34,813 sq ft

234 W Kalmia St, Fallbrook, CA 92028

New listings for sale in 92028

NEW 1 HR AGO

$1,275,000

5 beds4 baths3,401 sq ft

365 Charles Swisher Ct, Fallbrook, CA 92028

OPEN SAT, 12PM TO 2PM

$499,000

2 beds2 baths1,308 sq ft

4115 Cyprus Island Ct, Fallbrook, CA 92028

OPEN SAT, 1:30PM TO 3:30PM

$1,150,000

4 beds2 baths1,920 sq ft

2005-07 Camino Rainbow, Fallbrook, CA 92028

$850,000

4 beds3 baths2,497 sq ft

3950 Hellers Bnd, Fallbrook, CA 92028

OPEN SAT, 11AM TO 2PM

$1,295,000

5 beds6.5 baths4,532 sq ft

40461 Rock Mtn, Fallbrook, CA 92028

VIDEO TOUR

$1,595,000

4 beds2 baths2,647 sq ft

2278 Lindsey Ct, Fallbrook, CA 92028

VIDEO TOUR

$969,000

3 beds2.5 baths2,612 sq ft

1031 Inverlochy Dr, Fallbrook, CA 92028

First Team Real Estate

$620,000

3 beds2 baths1,268 sq ft

310 Elbrook Dr, Fallbrook, CA 92028

$1,200,000

3 beds2.5 baths2,276 sq ft

4880 San Jacinto Circle East, Fallbrook, CA 92028

Real Brokerage Technologies

Home values near 235 W Kalmia St

Data from public records.

Address	Redfin Estimate
315 W Kalmia Street, Fallbrook, CA 4 Beds \| 3 Baths \| 1858 Sq. Ft.	$856,346
247 W Kalmia Street, Fallbrook, CA 1 Beds \| 1 Baths \| 810 Sq. Ft.	$486,851

Address	Redfin Estimate
309 W Kalmia Street, Fallbrook, CA 4 Beds \| 3 Baths \| 1863 Sq. Ft.	$605,811
245 W Kalmia Street #B, Fallbrook, CA 2 Beds \| 2 Baths \| 1324 Sq. Ft.	$765,382

Address	Redfin Estimate
316 W Kalmia Street, Fallbrook, CA 2 Beds \| 2 Baths \| 1470 Sq. Ft.	$754,789
127 W Kalmia Street, Fallbrook, CA 9 Beds \| 6 Baths \| 4004 Sq. Ft.	—

Property information provided by CRMLS when last listed in 2021. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Fallbrook	Agents near me	Irvine, CA homes for sale	Fallbrook Housing Market
Houses for sale near me	San Diego, CA homes for sale	Fremont, CA homes for sale
Land for sale near me	San Francisco, CA homes for sale	Sacramento, CA homes for sale
Open Houses near me	Los Angeles, CA homes for sale	Fallbrook Property Records
Condos for sale near me	San Jose, CA homes for sale	CA New Listings

Temecula homes for sale
Oceanside homes for sale
Carlsbad homes for sale

About this home

Redfin Estimate

Market trends in 92028, CA

Sale history for 235 W Kalmia St

Tax history for 235 W Kalmia St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 92028

Home values near 235 W Kalmia St

More real estate resources