$1,599,999
For Sale

331 S Main Ave

Fallbrook, CA 92028
2582 sqft | 11 beds | 8 baths | #240013970SD
Listing OfficeSouth Coast Commercial, Inc.
Browse 20 photos
Type:Purchase
Structure:House
Zone:Residential

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 signiûcantly renovated inside and out. For the exterior, the ownership put on new roofs, siding, dual pane windows, fencing, paint, artiûcial turf, and drought-tolerant landscaping. Interior there are new kitchen cabinets, counter tops, üooring, 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.

  • Interior Details
      • Bedrooms11
      • Bathrooms8
      • Full Baths8
  • Property Details
      • Stories2
    • Measurements
      • Square Feet2582
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1920
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionFallbrook
    • Location
      • CountySan Diego
  • Financial Details
      • Original List Price$1,650,000
  • Other
      • MLS #240013970SD

Location

Justin MillerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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