- Classic value-add opportunity– being sold by original developer from 1986 (35+ year ownership) - 70% Seller financing @ 5% I.O. for 5 years for qualified buyers - 80% +/- upside in rents post renovation - Primarily 2BR Units (2 – 1BR/1BA, 18 – 2BR/1BA and 2 – 3BR/1BA) - Newer roof - Individual hot water heaters – more efficient operations - Balconies with views for both 3BR units - Upscale city park / playground across the street Clemmens Lane County Park
Sold for $5,852,000
$5,852,000
305 W Clemmens Ln, Fallbrook, CA 92028
6beds
3baths
18,840sqft
Multi Family
Built in ----
-- sqft lot
$5,596,700 Zestimate®
$311/sqft
$2,867 Estimated rent
Home value
$5,596,700
$4.65M - $6.72M
$2,867/mo
Zestimate® history
Owner options
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$2,867/mo
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$2,867/mo
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$36,912/mo
Est. payment
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$36,912/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Corey McHenry DRE #01800485 619-565-0179,
David Santistevan
Bought with:
Corey McHenry, DRE #01800485
David Santistevan
Source: SDMLS,MLS#: 230023941
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Interior area
- Total structure area: 18,840
- Total interior livable area: 18,840 sqft
Property
Parking
- Parking features: Spaces
Features
- Levels: 2 Story
- Stories: 2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & neighborhood
Location
- Region: Fallbrook
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2024 | Sold | $5,852,000$311/sqft |
Source:  SDMLS #230023941 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 8/10Live Oak Elementary SchoolGrades: K-6Distance: 2.1 mi
- 5/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 1.9 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$5,596,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,596,700
- California
- San Diego County
- Fallbrook
- 92028
- 305 W Clemmens Ln
Nearby cities
Nearby zip codes
Other Fallbrook Topics
