$1,599,000
331 S Main Avenue Fallbrook, CA 92028
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,599,000
Est. payment /mo
2,582 SqFt
UPDATED:
11/12/2024 10:53 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $619
MLS Listing ID CRPTP2406335
HOA Y/N No
Year Built 1920
Lot Size 8,798 Sqft
Acres 0.2
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 Listing
Zoning FBV4
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other, Front Yard
Sewer Public Sewer
New Construction No
Others
Tax ID 1040521400
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Listed by Cody Evans • South Coast Commercial Inc.
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122