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218 W Clemmens Lane | Fallbrook, CA 92028

$6,900,000 180025775 Sold

Property Details

  • $7,200,000
  • Commercial Residential Income
  • 180025775
  • 1.33 Acres
  • 153
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  • 48

Property Description

Casa Loma is a 48-unit apartment home community located in beautiful Fallbrook, California. The offering consists of two 2-story garden style buildings with a mix of studio, one and two-bedroom units. Casa Loma is located in a desirable residential neighborhood with proximity to the busy and vibrant town center. Residents are walking distance to abundant retail and neighborhood amenities including Clemmens Lane Park, Rite Aid, Northgate Market, Albertsons and Starbucks to name a few. While the property is very well maintained, in-place rents are below market. When compared to other similar communities in Fallbrook, the rents at Casa Loma show room for growth to current market rents. Fallbrook is located in San Diego's North County Inland submarket. It is situated 1/4 mile from the east gate of the Marine Corps base Camp Pendleton. Fallbrook is "life in the country" yet within a 30 minute drive of Vista, Oceanside, Temecula, San Marcos & Escondido.

Detailed Home Information

  • # of Total Baths: 1.00
  • Sq. Ft.: 57935
  • Acres: 1.33
  • # of Parking Spaces: 73
  • Style: Commercial Residential Income
  • Listing Broker: Kidder Mathews
  • Listing Agent: Eric Comer