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331 S Main AVE Fallbrook, CA 92028
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Key Details
Sold Price $1,500,000
Property Type Single Family Home
Sub Type Other Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $580
MLS Listing ID CRPTP2406337
Sold Date 11/21/24
Bedrooms 11
Full Baths 8
Originating Board California Regional MLS
Year Built 1920
Lot Size 8,798 Sqft
Property Sub-Type Other Residential
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 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.
Location
State CA
County San Diego
Area 92028 - Fallbrook
Zoning FBV4 (buyer to verify)
Interior
Cooling Window / Wall Unit
Fireplaces Type None
Laundry None
Exterior
Pool None
View Hills
Building
Story One Story
Others
Tax ID 1040521400
Special Listing Condition Not Applicable
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Bought with Eric Tackett