Homes for sale - 331 S Main AVE, Fallbrook, CA 92028

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Crystal Trammell

crystal@trammellrealtyco.com +1(760) 529-2439

$1,599,000

Est. payment - /mo

2,582 SqFt

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UPDATED:

10/15/2024 12:02 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,582 sqft

Price per Sqft $619

MLS Listing ID PTP2406335

HOA Y/N No

Year Built 1920

Lot Size 8,799 Sqft

Property Description

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 significantly renovated inside and out. For the exterior the ownership put on new roofs, siding, dual pane windows, fencing, paint, artifcial turf, and drought-tolerant landscaping. Interior there are new kitchen cabinets, counter tops, flooring, 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.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Zoning FBV4

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Gutter(s), Sidewalks

View Y/N No

Private Pool No

Building

Lot Description Front Yard, Lawn, Landscaped, Near Public Transit, Yard

Story 2

Sewer Public Sewer

Others

Senior Community No

Tax ID 1040521400

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Cody Evans • South Coast Commercial Inc.

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Crystal Trammell

+1(760) 529-2439

REALTOR® | Mortgage Broker | License ID: 02147605

REALTOR® | Mortgage Broker License ID: 02147605

331 S Main AVE Fallbrook, CA 92028

Crystal Trammell

Crystal Trammell

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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331 S Main AVE