Fallbrook, CA 92028,331 South Main Avenue
Fallbrook, CA 92028,331 South Main Avenue
Fallbrook, CA 92028,331 South Main Avenue
Listed by Cody J Evans • South Coast Commercial Inc.
$1,500,000
Est. payment /mo
Est.Price: ?

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11 Beds
8 Baths
2,582 SqFt
SOLD DATE : 11/21/2024

Key Details

Sold Price $1,500,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 2,582 sqft

Price per Sqft $580

MLS Listing ID 8P-2406337

Bedrooms 11

Full Baths 8

Year Built 1920

Lot Size 8,798 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 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.

Location

State CA

County San Diego

Zoning FBV4 (buyer to verify)

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry None

Exterior

Pool None

Community Features Curbs, Gutters, Sidewalks

View Y/N Yes

View Hills

Building

Lot Description Front Yard, Landscaped, Near Public Transit, Back Yard

Sewer Public Sewer

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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