331 S Main Avenue, Fallbrook, CA 92028
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Sold Price :
$1,500,000
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Beds :
11
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Baths :
8
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Property Size :
2,582 sqft
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Year Built :
1920
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.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
11 |
| Bathroom Information |
| Bathrooms |
8 |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
331 S Main Avenue |
| City |
Fallbrook |
| State |
CA |
| Zip |
92028 |
| County |
San Diego |
| Listing Agent |
Cody Evans DRE #01399935 |
| Courtesy Of |
South Coast Commercial Inc. |
| Close Price |
$1,500,000 |
| Status |
Closed |
| Type |
Residential |
| Subtype |
Mixed Use |
| Structure Size |
2,582 |
| Lot Size |
8,798 |
| Year Built |
1920 |
Listing information courtesy of: Cody Evans, South Coast Commercial Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 4:37 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
