331 S Main Avenue, Fallbrook, California 92028
  • $1,599,000
  • $1,599,000

Overview

Property ID: PTP2406337
  • Mixed Use, Residential
  • Property Type
  • 11
  • Bedrooms
  • 8
  • Bathrooms
  • 1920
  • Year Built

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 anjavascript:void(0);d 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.

  • Address: 331 S Main Avenue
  • City: Fallbrook
  • State/county: CA
  • Zip/Postal Code: 92028

Details

Updated on November 22, 2024 at 6:28 am
  • Property ID PTP2406337
  • Price $1,599,000
  • Land Area 0.202 Acres
  • Bedrooms 11
  • Bathrooms 8
  • Year Built 1920
  • Property Type Mixed Use, Residential
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, 1031 Exchange
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • County San Diego
  • Property Type Residential
  • Pool None
  • Community Features Curbs, Gutter(s), Sidewalks

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