- For Sale $10,525,000
- Property Type Other
- Property Size 26,886 SF
- Lot Size 2.62 SF
- Year Renovated 2021
- Date Updated Jun 30, 2025
Westfall Village is an excellent multifamily investment opportunity located in North San Diego County in the heart of Fallbrook, CA. Just a few blocks to downtown Fallbrook Main Avenue with tree lined streets, restaurants, shops and more, the location is prime. With easy access to employment along the I-78 Corridor (Oceanside to Escondido) and a short drive to Cal State University San Marcos (the fastest growing University in California), Palomar College, Temecula
and much more, Fallbrook is considered a desirable enclave separated from the hustle and bustle of urban city life. The property is within close proximity to spectacular wineries/vineyards, wedding venues, golf, equestrian centers, airport/airpark and more. The property spans across 2.24 Acres and includes 3 parcels with a total of 29 single level units that offer single home feel and renovated interiors. Tenants enjoy covered off street parking, a dog obstacle course and a dog wash room. The unit mix is mostly 2BR/2BA units, with 4 1BR/1BA units and 1 3BR/2BA detached SFR home. Interior renovations include stainless steel appliances
including dishwasher and microwave, quartz countertops, custom cabinets, designer tile, custom paint, wood-style flooring, In-unit washer/dryer, A/C and ceiling fans.
In addition to the attractive current CAP Rate of 6%, there is additional upside
potential through cosmetic exterior upgrades & ADU addition.
Please contact listing broker for Offering Memorandum.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
87/100
Very Walkable
-
Bike Score ®
37/100
Somewhat Bikeable
- City Fallbrook, CA
- Zip Code 92028
- Market San Diego
Points of Interest
-
Arco
0.45 miles
-
76
0.46 miles
-
Mobil
5.99 miles
-
7-Eleven
8.99 miles
-
Pala Gas Station
9.36 miles
-
Shell
9.44 miles
-
Gateway Chevron
9.55 miles
-
Temecula - Temecula Parkway Supercharger
9.64 miles
-
Sinclair
9.68 miles
-
Chevron
9.70 miles
-
Santa Margarita County Preserve
1.68 miles
-
Car Parking
3.21 miles
-
Sweetgrass Lane
5.57 miles
-
Sweetgrass Lane Park And Ride
5.60 miles
-
Pala Road Park And Ride
6.00 miles
-
Mainside PX Parking
6.36 miles
-
Coffee Bean Parking
6.44 miles
-
Bldg 2456 and Barracks Parking
7.42 miles
-
Px Parking
7.46 miles
-
Barracks Parking
7.52 miles
-
Econo Lodge Inn & Suites Fallbrook Downtown
0.95 miles
-
Rodeway Inn Fallbrook Downtown
1.01 miles
-
"The Tiny House"
3.57 miles
-
Quality Inn Fallbrook I-15
5.85 miles
-
Quality Inn Fallbrook I-15 1
5.86 miles
-
Quality Inn Fallbrook I-15 2
5.86 miles
-
Pendleton Ward Lodge
6.55 miles
-
Temecula Creek Inn
9.16 miles
-
Pala Casino / Hotel / Resort
9.59 miles
-
Signature
9.59 miles
-
Pedro's Tacos
0.17 miles
-
Denny's
0.21 miles
-
Greek Style Chicken
0.24 miles
-
Burger King
0.25 miles
-
Trupiano's Italian Bistro
0.30 miles
-
Las Brisas Taqueria
0.32 miles
-
Firehouse Que & Brew
0.33 miles
-
Harry's Sports Bar & Grill
0.35 miles
-
McDonald's
0.36 miles
-
KFC
0.43 miles
-
Maie-Ellis Elementary School
0.39 miles
-
Fallbrook Street School
0.41 miles
-
La Paloma Elementary School
0.77 miles
-
Saint Peters Catholic School
1.24 miles
-
Saint Stephen Evangelical Lutheran School
1.29 miles
-
Potter Junior High School
1.64 miles
-
Live Oak Elementary School
1.68 miles
-
Ivy High School
1.97 miles
-
Fallbrook High School
2.01 miles
-
Palomar College - Fallbrook Education Center
5.54 miles
-
Kids Klub
9.57 miles
-
Child's Play
9.68 miles
Frequently Asked Questions
The space currently listed for sale at MULTIFAMILY OPPORTUNITY IN NORTH SAN DIEGO COUNTY | 6% CAP | 29 UNITS ON 2.24 ACRES asks for $10,525,000.
MULTIFAMILY OPPORTUNITY IN NORTH SAN DIEGO COUNTY | 6% CAP | 29 UNITS ON 2.24 ACRES totals 26,886 square feet.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.