Multifamily
Solara Apartments
725 Alturas Ln, Fallbrook, CA 92028
Listing Price: $3,475,000
Investment Overview
Marcus & Millichap is pleased to present the “Solara Apartments,” a 13-unit multifamily community located in Fallbrook, CA. Located at 725 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 lowdensity 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.
Investment Highlights
- Desirable 1988 vintage asset located in the Fallbrook submarket.
- Comprised entirely of two-bedroom/two-bathroom units averaging over 927 SF.
- Extensively remodeled interiors featuring high-end, modern finishes.
- Abundant off-street parking for tenants.
- Stabilized asset with in-place market rents.
- Historically low vacancy driven by a supply-constrained rental market.
Exclusively Listed By
Listing Price: $3,475,000
Investment Highlights
- Desirable 1988 vintage asset located in the Fallbrook submarket.
- Comprised entirely of two-bedroom/two-bathroom units averaging over 927 SF.
- Extensively remodeled interiors featuring high-end, modern finishes.
- Abundant off-street parking for tenants.
- Stabilized asset with in-place market rents.
- Historically low vacancy driven by a supply-constrained rental market.
Investment Overview
Marcus & Millichap is pleased to present the “Solara Apartments,” a 13-unit multifamily community located in Fallbrook, CA. Located at 725 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 lowdensity 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.
Exclusively Listed By