331 S Main AVE Pending

Fallbrook,CA 92028

$ 1599000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRPTP2406335

Year Built 1920

Lot Size 8,798 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

Interior

Laundry None

Exterior

Pool None

Others

Special Listing Condition Not Applicable

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