331 S Main Avenue
Fallbrook, CA 92028
Active for $1,599,000
Beds: 11 Baths: 8 Structure Size: 2,582 sqft Lot Size: 8,798 sqft
| MLS | PTP2406337 |
| Year Built | 1920 |
| Property Type | Mixed Use |
| County | San Diego |
| Status | Active |
| Active | $1,599,000 |
| Structure Size | 2,582 sqft |
| Lot Size | 8,798 sqft |
| Beds | 11 |
| Baths | 8 |
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.
Listing information courtesy of: Cody Evans, South Coast Commercial Inc. 858-729-3094. *Based on information from the Association of REALTORS/Multiple Listing as of 10/26/2024 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.
Location
Contact a Local Realtor®
Michaelyn Buford
REALTOR®
Direct: 562.334.2885
Email: Email Me
DRE: 02172306
DRE #01873088
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