331 S Main Ave
Fallbrook, CA 92028
2582 sqft | 11 beds | 8 baths | #240013970SD
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.
Property Details
- Property SubtypeSingleFamilyResidence
- MLS #240013970SD
- MLS #240013970SD
- Original List Price$1,650,000
- SubdivisionFallbrook
- CountySan Diego
- Property TypePurchase
- Cost1599999
- Utility SourcePublic
- Square Feet2582
- Year Built1920
- Bedrooms11
- Bathrooms8
- Full Baths8
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Cody Evans (#SAND-635581)
Listing Office: South Coast Commercial, Inc. (#SAND-69464)
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