331 S Main Avenue
Fallbrook, CA 92028
0.20 acres | #PTP2406335
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.
Property Details
- Lot DescriptionFrontYard, Lawn, Landscaped, NearPublicTransit, Yard
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,599,000
- MLS #PTP2406335
- MLS #PTP2406335
- CountySan Diego
- Cost1599000
- Acres0.202
- Year Built1920
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Cody Evans (#818960)
Listing Office: South Coast Commercial Inc. (#88904)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
