$ 1,599,000
331 S Main Avenue Fallbrook, CA 92028
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Listed by Cody Evans • South Coast Commercial Inc.
$ 1,599,000
Est. payment | /mo
2,582 SqFt
$ 1,599,000
Est. payment | /mo
2,582 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $619
MLS Listing ID CRPTP2406335
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other, Front Yard
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227