Properties

Property Description

331 S Main Ave is an apartment complex located in the heart of Fallbrook. The property consists of 5 permitted units and three 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.

Features
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Address Map
CA
San Diego
Fallbrook
92028
Main Ave
331
W122° 32' 24.2''
N38° 39' 17.6''
S
92028 - Fallbrook
Neighborhood
Neighborhood
MLS Addon
South Coast Commercial, Inc.
Cody Evans
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Additional Information
2024-05-03
5
Listing Information
SAND-635581
SAND-69464
Active
2024-05-04T00:27:50Z
CRMLS
2024-05-02T17:00:00Z

Commercial Sale For Sale

331 S Main Ave, Fallbrook, California 92028

0.20 Acre
$1,650,000
Listing ID #240009738SD
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 240009738SD
Price : $1,650,000
Lot Area : 0.20 Acre
Status : Active
Property Sub Type : Mixed Use
Agent info
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