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.
Multi-familyProperty Type
$288Price/Sq.Ft.
Listed by Austin Huffman•DRE #01981817• Marcus & Millichap
West Fallbrook, located between Interstate 15 and the Santa Margarita River corridor, is a semi-rural and residential Fallbrook neighborhood with rolling avocado groves and winding canyon roads. The neighborhood’s character concentrates around the Mission Rd and Green Canyon Rd junction, where farm stands, equestrian driveways, and low-slung ranch homes set an unhurried tone. Architecture leans toward single-story ranch houses, custom builds, and gated compounds tucked behind mature oaks. Weekends often orbit the Fallbrook Farmers’ Market and the Fallbrook Art Center, tying the area’s agricultural roots to a gallery-and-craft tradition. Grand Tradition Estate & Gardens adds a formal, garden-forward landmark for events and strolls. Trails and open space shape daily routines, with De Luz and Live Oak Park framing the outdoor backdrop.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Fully occupied property
Bathrooms
26 full bathrooms
Exterior features
Property located on acreage
Home design
Residential income property (commercial-residential income)
Construction
12,050 square feet building
HOA & community
No community features
Financial info
Listing marketed by Marcus & Millichap; contact listing agent for occupancy and investment details
Electricity and solar
View estimated energy costs and solar savings for this home
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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
6 days above 94° expected this year, 20 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)
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57
72
51
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49
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Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Fallbrook. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 725 Alturas Ln
There isn’t enough information to generate an accurate estimate at this time. Learn More