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331 S Main AVE Fallbrook, CA 92028
8,798 Sqft Lot
UPDATED:
11/12/2024 09:40 PM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPTP2406335
Originating Board California Regional MLS
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
Tax ID 1040521400
Special Listing Condition Not Applicable
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Listed by Cody Evans • South Coast Commercial Inc.
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