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Heritage Square is a charming Main Avenue shopping plaza in the heart of historic downtown Fallbrook. Listing includes 5 separate parcel numbers & 13 rental units encompassing an entire city block with no current vacancies. This multi-purpose complex has a variety of businesses including a landmark restaurant, hair salon, barbershop, dog groomers, yoga studio, car lot, storage yard & offices. The focal point is the courtyard deck & staircase to the lower shops which was recently rebuilt. The courtyard attracts local artists to showcase their craft. This quaint town attracts locals & tourists for weekend festivals, wineries, golf courses, vineyards & groves, farmers’ markets, the Avocado Festival and evening community events. The year round temperate climate with lower humidity and 35 minute drive to the Pacific Ocean create a welcome environment for retail & restaurant opportunities.
Listing agent: Kim Drusch DRE #01452671 kimdrusch@gmail.com, Listing office: Pacific Sotheby's Int'l Realty
MLS data updated 10/19/2026, 2:17:43 AM PT
Source: CRMLS, MLS #: SW19116841
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 13, 2019
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92028 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.