Pending

331 S Main Avenue

Fallbrook CA, 92028

$1,599,000


$619.29 per sqft

Pending

11 Beds

8 Baths

2,582 sqft

Residential

Built in 1920

Listed by Cody Evans with South Coast Commercial Inc. 858-729-3094

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.

PTP2406337

MLS ID

October 14, 2024

Listed

November 12, 2024

Updated

Map

331 S Main Avenue
Fallbrook CA, 92028

Interior Features

Total Stories

1


Bedrooms

11


Total Bathrooms

8


Full Bathrooms

8


Laundry Description

None


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.2 Acres


Lot Features

Back Yard, Front Yard, Landscaped, Near Public Transit


Sewer

Public Sewer

School Information

School District

Fallbrook Union

Other Property Details

Area Name

92028 - Fallbrook


Days on Market

29


Garage

No


Parking Total

0


View

Yes


View Description

Hills


County

San Diego


Pool

No


Pool Features

None


Zoning

FBV4 (buyer to verify)

Listing History

Date

Event

Price

11/12/2024

Pending

Listing Contact: 619-226-6011 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/12/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/12/2024 at 6:13 PM UTC

 

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