Active
331 S Main Ave
Fallbrook CA, 92028
$1,599,999
$619.67 per sqft
Active
11 Beds
8 Baths
2,582 sqft
Residential
Built in 1920
Listed by Cody Evans with South Coast Commercial, Inc. 858-729-3094
331 S Main Ave is an apartment complex located in the heart of Fallbrook. The property consists of 5 permitted units and 3 additional bootleg rentals, for a total of 8. There are 5 two-bedroom and one-bath units, 2 studios, and 1 one-bedroom one bath unit. In 2023, the units were signiucantly renovated inside and out. For the exterior, the ownership put on new roofs, siding, dual pane windows, fencing, paint, artiucial turf, and drought-tolerant landscaping. Interior there are new kitchen cabinets, counter tops, uooring, paint, sinks, and vanities. Based on in place income of approx. $14,000 a month this turn-key investment offers it all, cash flow without any heavy repositioning.
240013970SD
MLSⓇ ID
June 18, 2024
Listed
August 30, 2024
Updated
Map
331 S Main Ave
Fallbrook CA, 92028
Interior Features
Total Stories
2
Bedrooms
11
Total Bathrooms
8
Full Bathrooms
8
Appliances
Electric Oven, Electric Range, Disposal, Refrigerator
Laundry Description
None
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Roof
Composition, Shingle
Other Property Details
Area Name
92028 - Fallbrook
Days on Market
69
Garage
No
Parking
Gravel, Other, One Space
Parking Total
8
View
No
County
San Diego
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
8/26/2024 | Price change | $1,599,999 -4% |
Listing Contact: 619-226-6011
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 7:02 PM UTC