Sold
Last Sold Price
450 Ammunition Rd, Fallbrook, CA 92028
Multi FamilyProperty Type
0.76 acresLot Size

Description

450 Ammunition Road is a garden-style apartment community consisting solely of two-bedroom/one-bath apartment units located in Fallbrook, California. The property is well-located with ample frontage along Ammunition Road (Fallbrook's access point to Camp Pendleton's North Gate). The property's location also puts it within one-block of South Mission Road (Fallbrook's main thoroughfare), multiple drug/grocery store anchored shopping centers as well as various national chain restaurant and retail options....450 Ammunition Road is a garden-style apartment community consisting solely of two-bedroom/one-bath apartment units located in Fallbrook, California. The property is well-located with ample frontage along Ammunition Road (Fallbrook's access point to Camp Pendleton's North Gate). The property's location also puts it within one-block of South Mission Road (Fallbrook's main thoroughfare), multiple drug/grocery store anchored shopping centers as well as various national chain restaurant and retail options. Onsite amenities include cottage-style floor plans with private patios, onsite parking and laundry facilities. Additionally, the property has been adequately maintained with a full re-roofing of the property's two primary structures being performed in 2008. 450 Ammunition Road will offer its new owner a rare combination of benefits due its ideal unit mix and strong initial cash flows.
  • Listed by: Aaron Bove DRE #01318320 • Marcus & Millichap
Listing closed: 08/15/2013 12:00 AM • Source: SDMLS, MLS#: 130017515

See It First on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$370,000

Avg days on market

40

Sale-to-list ratio

90.5%

Fallbrook, CA

9 comparable properties found

$120,000 | 1455 Alturas Road, Unit 41, Fallbrook, CA 92028
1

$120,000

Sold 08/18/25

2
Bedrooms
672
Square Feet
Unavailable
Acres
$120,000 | 1455 Alturas Street, Unit 41, Fallbrook, CA 92028
1/2
2

$120,000

Sold 08/18/25

2
Bedrooms
672
Square Feet
Unavailable
Acres
3

$778,500

Sold 12/11/24

2
Bedrooms
1,812
Square Feet
0.24
Acres
a view of a white house with a street sign next to a road
1/2
4

$778,500

Sold 12/10/24

2
Bedrooms
2
Bathrooms
Unavailable
Square Feet
0.24
Acres
a front view of a house with a yard and garage
5

$645,000

Sold 03/11/26

2
Bedrooms
900
Square Feet
0.17
Acres
a front view of house with yard and outdoor seating
1/55
6

$620,000

Sold 08/18/25

2
Bedrooms
880
Square Feet
Unavailable
Acres
7

$358,000

Sold 12/12/24

2
Bedrooms
780
Square Feet
Unavailable
Acres
a kitchen with a sink window and stainless steel appliances
8

$370,000

Sold 07/07/25

2
Bedrooms
782
Square Feet
Unavailable
Acres
$335,000 | 868 East Alvarado Street, Unit 47, Fallbrook, CA 92028
9

$335,000

Sold 05/20/26

2
Bedrooms
780
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Marcus & Millichap, Aaron Bove, DRE #01318320

Sold By Marcus & Millichap, Aaron Bove, DRE #01318320

Add your commute

Payment Calculator

$8,526 per month

30 year fixed, 6.71% Interest

Principal and Interest

$8,526

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 450 Ammunition Road

Property Details
  • MLS Type: Commercial-Res Income
  • City Postal ID: FALLBROOK (92028)
Building Information
  • Lot Size: 0.76 AC / 33,105 SF
Summary Information
Property and Location
  • System ID: 130017515
  • Class: COMMERCIAL-RES INCOME
  • Market Area: North County
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 104-162-27-00
Multi Family Information
Unit 1
  • Unit Furnished: 0
  • Unit Rent: 895-925
  • Unit Rent Total: $14,500
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Number of Bathrooms: 1
Building Details
  • Age: 1957
  • Have: 16 Units
  • Motive/Want: Cash
  • SqFt of Improvement: 12,112

Property History for 450 Ammunition Road

DateEvent & SourcePriceAppreciation
Aug 15, 2013

Sold

SDMLS #130017515

$1,650,000
May 20, 2013

Pending

SDMLS #130017515

Apr 1, 2013

Listed (Active)

SDMLS #130017515

$1,685,000
DateEvent & SourcePrice
08/15/2013

Sold

SDMLS #130017515

$1,650,000
05/20/2013

Pending

SDMLS #130017515

04/01/2013

Listed (Active)

SDMLS #130017515

$1,685,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 450 Ammunition Road

This home is within Fallbrook Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Live Oak Elementary School
PublicK to 6

James E. Potter Intermediate School
Public7 to 8

Fallbrook High School
Public9 to 12

Ivy High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 92028

$525,000 | 35111 Rangpur Lane, Fallbrook, CA 92028
1/40
New

$525,000

2
Bedrooms
1,185
Square Feet
Unavailable
Acres
$980,000 | 4452 Ramona Drive, Fallbrook, CA 92028
1/33

$980,000

3
Bedrooms
2,527
Square Feet
2.16
Acres
$1,350,000 | 1905 Green Vista Lane, Fallbrook, CA 92028
1/51
Listed By Coldwell Banker Realty

$1,350,000

3
Bedrooms
2,667
Square Feet
1.1
Acres
$1,150,000 | 1474 Via Encinos Drive, Fallbrook, CA 92028
1/31
Open: 9/26 11:00AM - 02:00PM

$1,150,000

3
Bedrooms
2,588
Square Feet
1.02
Acres
$9,060,000 | 234 West Kalmia Street, Fallbrook, CA 92028
1/10

$9,060,000

58
Bedrooms
34,813
Square Feet
Unavailable
Acres
$1,049,000 | 35788 Bay Morgan Lane, Fallbrook, CA 92028
1/3

$1,049,000

4
Bedrooms
3,006
Square Feet
Unavailable
Acres
$1,200,000 | 2645 Daisy Lane, Fallbrook, CA 92028
1/31

$1,200,000

3
Bedrooms
2,483
Square Feet
1.12
Acres
$650,000 | 131 South Brandon Road, Fallbrook, CA 92028
1/39

$650,000

4
Bedrooms
1,753
Square Feet
0.17
Acres
$930,000 | 1701 Acacia Lane, Fallbrook, CA 92028
1/44

$930,000

2
Bedrooms
2,352
Square Feet
5.68
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 450 Ammunition Road, Fallbrook, CA 92028
$1,650,000
2
33,105
$1,650,000
2,112
33,106
$780,000
10
4,184
17,262
$960,000
10
7,504
9,395
$370,000
5
3,082
8,047
$1,850,000
15
1,987
22,216

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Aaron Bove, DRE #01318320

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.