$550,000
FOR SALEActive645 E Elder St C
Fallbrook CA 92028
1,400
SF
Office
Type
1979
Built
$393/SF
Cost/SF
Listing Agent
Michael Crain
Listing Agent
DRE #: 01894923
Brokerage: Realty Incorporated
Location Analysis
About This Property
This is the perfect location to bring your business to Fallbrook. Located next to a beautiful senior assisted living facility, this remodeled office space is located within the Village Medical Center. This location is move-in ready. Formerly a medical office with a reception area, waiting room, 4 exam rooms, client restrooms, private office with a private restroom, kitchen area and a separate exit to the rear parking field. The ample parking field is right behind the building. The local neighbors are: Skilled Nursing Center, Senior Living Facility and Multi-Tenant Medical Projects.
Property Information
Property Overview
Commercial - Office
Property Type
Active
Status
C-31
Zoning
0.56 acres
Lot Size
1,400
Total Units
1,400 SF
Square Footage
$392.86/SF
Price per SF
5.00%
Cap Rate
$23K
NOI
1,979
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
5% Cap Rate
Location Analysis
Building Details
Zoning & Use
Investment Metrics
5.00%
Cap Rate
$22,600
NOI
Similar Commercial Properties
$2.1M164d
6,678 SF•SpecialPurpose1109 E Fallbrook StreetFallbrook, CAIce Realty Group | DRE# 02090400$1.6M222d
SF N/A•MixedUse329 N Pico AveFallbrook, CADavid Santistevan | DRE# 01800485$9.1M50d
SF N/A•MixedUse234 W KalmiaFallbrook, CAEric D. Comer, Broker | DRE# 00842230$795K235d
SF N/A•LandMission RdFallbrook, CARealty Incorporated | DRE# 01894923$480K58d
SF N/A•Land3600 Linda Vista DriveFallbrook, CAKeller Williams Realty | DRE# 01369165$399K58d
SF N/A•Land0 STEWART CANYONFallbrook, CAThe Gordon Real Estate Company | DRE# 01140954$200K148d
SF N/A•Land27 Daily RoadFallbrook, CALPT Realty, Inc. | DRE# 01374103$2.3M55d
SF N/A•MixedUse5710 Olive Hill RoadBonsall, CAReal Broker | DRE# 01783300$4.1M260d
SF N/A•LandOld River RoadBonsall, CAReal Brokerage Technologies | DRE# 01252000$1.1M222d
SF N/A•LandParcel 3 & 4 Emerald Hill RoadBonsall, CAReal Broker | DRE# 02009812$1.1M66d
3,210 SF•Retail30157 61 Mission RoadBonsall, CACompass | DRE# 01384726$5.0M75d
3,166 SF•CommercialSale32063 Via Ararat DriveBonsall, CAExp Commercial of California, Inc. | DRE# 02103925$335K25d
SF N/A•Land0 Via TornadoTemecula, CAHomecoin.com | DRE# 01523060$330K59d
SF N/A•Land0 Mt. Olympus Valley RoadFallbrook, CASunshine Properties RealEstate | DRE# 01418002$1.0M25d
SF N/A•Land7729 Mt Ararat WayBonsall, CALPT Realty, Inc. | DRE# 01374103$348K190d
SF N/A•Land27 29 El Calamar RoadTemecula, CALPT Realty, Inc. | DRE# 01374103$660K20d
SF N/A•WaterPositionWithLand127 210-76/77 Rocking HorseEscondido, CARealty ONE Group Pacific | DRE# 01439218$1.8M288d
39,898 SF•MultiFamily28717 PujolTemecula, CAPacific Sotheby's Int'l Realty | DRE# 02107257$2.2M38d
1,300 SF•Retail41950 6th StTemecula, CASeaway Properties Real Estate | DRE# 01336376$6.3M39d
16,934 SF•Office41911 5th StreetTemecula, CASeaway Properties Real Estate | DRE# 02207533$300K635d
SF N/A•Land0 Via NortadaTemecula, CARainey Realty | DRE# 01172438$15.0M285d
541,171 SF•UnimprovedLand28170 Jefferson AvenueTemecula, CAPacific Sotheby's Int'l Realty | DRE# 02107257$1.6M99d
SF N/A•Land2279 Vista Grande DriveVista, CAPark Row Properties | DRE# 00857221$450K22d
SF N/A•Land11271 Calle Oro VerdeValley Center, CAVista Linda Realty | DRE# 02104911$1.4M13d
7,894 SF•Office43020 Black Deer LoopTemecula, CACentury 21 Masters | DRE# 01382995
Recent commercial sales in Fallbrook
Sold $450,000SOLD70,000 SF•Agriculture2526 Rainbow Valley BoulevardSold Jun 2026Lily Field Realty | DRE #01700986Buyer's agent: Alfred Atallah, Royal Properties Inc | DRE #01354630
Sold $350,000SOLDLand10148 Alex RoadSold May 2026eXp Realty of California, Inc | DRE #01309623Buyer's agent: Haley Henry, eXp Realty of California, Inc. | DRE #02222902
Sold $90,000SOLDLand1 Daily RoadSold May 2026LPT Realty, Inc. | DRE #01374103Buyer's agent: John La Mattery, LPT Realty, Inc. | DRE #01374103
Sold $520,000SOLDLand1313 Rice Canyon RdSold Dec 2025First Team Real Estate | DRE #02157517Buyer's agent: Annette Waite, First Team Real Estate | DRE #02157517
Sold $625,000SOLD2,465 SF•Mixed Use838 E Mission RoadSold Nov 2025Compass | DRE #01384726Buyer's agent: Brittany Cantarini, Ice Realty Group | DRE #02090400
Sold $1,000,000SOLD4417 Brodea LnSold Oct 2025Compass | DRE #01003787Buyer's agent: Varsha Shah, Realty ONE Group West | DRE #01190448
Closed commercial sales reported, newest first.
CRMLS
MLS# NDP2608512
Listed:
Nalren refreshed:
Last updated
© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: Realty Incorporated
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.