$ 1,599,999
331 S Main Ave Fallbrook, CA 92028
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$ 1,599,999
Est. payment | /mo
8,804 Sqft Lot
$ 1,599,999
Est. payment | /mo
8,804 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240009738
Lot Size 8,804 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 bootlegs, for a total of 8 rentals. 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, artificial 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 Fallbrook (92028)
Zoning FBV4
Building
Story 2
Others
Space Rent $168,000
Special Listing Condition Other/Remarks
Listed by Cody J Evans • South Coast Commercial, Inc.
1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States