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331 S Main Ave,  Fallbrook CA, 92028

(Active)
$1,650,000
|
|
MLS# 240009738SD
Last Updated: 5/18/2024 3:26 PM
Description for 331 S Main Ave Fallbrook, CA 92028
331 S Main Ave is an apartment complex located in the heart of Fallbrook. The property consists of 5 permitted units and three additional bootlegs, for a total of 8 rentals. 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, artificial 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.
Price
$1,650,000
San Diego
240009738SD
Active
Description
331 S Main Ave is an apartment complex located in the heart of Fallbrook. The property consists of 5 permitted units and three additional bootlegs, for a total of 8 rentals. 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, artificial 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.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.2 Acres
1 Total
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Financial Considerations
1040521400
Listing Price History

Fallbrook Real Estate

Fallbrook is located in California. Fallbrook, California 92028 has a population of 33,378.

The median household income in Fallbrook, California 92028 is $80,183. The median household income for the surrounding county is $83,628 compared to the national median of $66,222. The median age of people living in Fallbrook 92028 is 38 years.

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Listing Agent: Cody Evans CalDRE: 01399935 - South Coast Commercial, Inc.
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 3:26 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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