CA > Fallbrook
Fallbrook, CA 92028,331 S Main AVE
Fallbrook, CA 92028,331 S Main AVE
Fallbrook, CA 92028,331 S Main AVE
9
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$1,599,000
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11 BD
8 BA
2,582 SqFt
Pending

331 S Main AVE Fallbrook, CA 92028

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Ashley Degen

Ashley Degen

+1(619) 990-4192

UPDATED:

11/12/2024 05:35 PM

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 2,582 sqft

Price per Sqft $619

MLS Listing ID PTP2406337

Bedrooms 11

Full Baths 8

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 (buyer to verify)

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Gutter(s), Sidewalks

View Y/N Yes

View Hills

Private Pool No

Building

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

Story 2

Entry Level One

Sewer Public Sewer

Level or Stories One

Schools

School District Fallbrook Union

Others

Senior Community No

Tax ID 1040521400

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Cody Evans • South Coast Commercial Inc.

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Ashley Degen

Broker Associate / Real Estate Advisor | License ID: 01836869

+1(619) 990-4192

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