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331 MAIN AVE, FALLBROOK, CA 92028

11 Beds, 8 Baths, 2582 Sqft

$1,650,000


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.



DETAILED INFORMATION
MLS#:240013970Price:$1,650,000
Listing Date:06-18-2024Original Price:$1,650,000
List Status:ActiveProperty Type:Detached
Parcel Number:104-052-14-00School District:
Days on Market:11Sqft:2582
Complex Name:Price Per Sqft:$639
Subdivision:FallbrookStories:2 Story
Community:FallbrookBed:11
Year Built:1920Baths:8
Zoning:Arch. Style:
Pool:N/kLot Size:7,500-10,889 Sf
Spa:Lot Sqft:
Exterior:Wood/stucco,vertical SidingLot Description:
Floors:Acres:0.00
Roof:Composition,shingleAge Restrictions:N/k
Water:PublicTopography:Slope Gentle
Sewer:Sewer ConnectedFireplace:
Fence:Partial,new Condition,vinylPets:
Association Name:Assoc Phone:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:Heating:Wall/gravity
Other Fees:$0Cooling:N/k
Other Fee Paid:Other Fee Type:
Mello Roos:$0Mello Roose Paid:
Master Bedroom:14x12Family Room:N/A
Bedroom 2:12x10Bedroom 3:12x10
Bedroom 4:10x10Bedroom 5:10x10
Kitchen:8x6Living Room:12x20
Other Room:Miscellaneous:
Additional Land Use:Parking:None Known
Boat Facilities:Security:
Guest House: Patio:
Frontage:Telecommunications:
Irrigation:Equipment:Disposal,refrigerator,electric Oven,electric Range
Amenities:N/kLaundry:N/k
Property Management:Property Management Phone:


HOW THIS HOME COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT
  828 VINE, FALLBROOK, CA 920282621693 $629,000$372
  211 CLEMMENS LANE, FALLBROOK, CA 9202891484 $625,000$421
  1015 CARRYLL PARK COURT, FALLBROOK, CA 92028651826 $769,000$421
  836 VANITA STREET, FALLBROOK, CA 92028291320 $589,900$447
  1036 LA SOLANA DR, FALLBROOK, CA 92028EAST FALLBROOK701604 $840,000$524
FOR SALE AVERAGES:87 1,585 $690,580$437
  331 MAIN AVE, FALLBROOK, 92028Fallbrook112582 $1,650,000$639


NEARBY SOLD HOMES PREVIOUS 6 MONTHS
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT
   351 OLD STAGE COURT, FALLBROOK, CA 92028711472$715,000$486
   757 FIG STREET, FALLBROOK, CA 92028701870$769,000$411
   464 KALMIA STREET, FALLBROOK, CA 92028421366$675,000$494
   517 POTTER STREET, FALLBROOK, CA 92028571159$650,000$561
   443 SHADY GLEN DRIVE, FALLBROOK, CA 9202861900$585,000$650
   727 MAIN STREET, FALLBROOK, CA 92028971260$700,000$556
   410 DOUGHERTY STREET, FALLBROOK, CA 92028761056$581,000$550
   387 PIPPIN DRIVE, FALLBROOK, CA 92028521644$710,000$432
   282 ROYAL GLEN DR, FALLBROOK, CA 92028SONTERRA471962$810,000$413
   720 DARLA LN, FALLBROOK, CA 92028FALLBROOK271488$715,000$481
   914 MAIN AVENUE, FALLBROOK, CA 92028361466$735,000$501
   510 PORTER ST, FALLBROOK, CA 92028FALLBROOK381387$700,000$505
   151 VIA FLORESTA, FALLBROOK, CA 92028FALLBROOK331982$833,145$420
   973 AVENIDA CAMPANA, FALLBROOK, CA 92028421518$725,000$478
   345 MARKELL LANE, FALLBROOK, CA 920282291456$690,000$474
   1147 DE LUZ RD, FALLBROOK, CA 92028FALLBROOK1672372$830,000$350
   953 MORRO ROAD, FALLBROOK, CA 92028221816$810,000$446
   846 PIZZO LANE, FALLBROOK, CA 920281612139$804,000$376
   344 NATALIE WAY, FALLBROOK, CA 92028SOUTH FALLBROOK342291$730,000$319
   944 WOODCREEK RD, FALLBROOK, CA 92028FALLBROOK371441$707,500$491
   933 VANITA STREET, FALLBROOK, CA 92028551428$645,000$452
   1020 GEARALD WAY, FALLBROOK, CA 92028451768$849,000$480
   209 ALMOND STREET, FALLBROOK, CA 92028351314$662,000$504
SOLD AVERAGES:67 1,589 $723,072$471




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Listing Provided Courtesy of: Cody J Evans, South Coast Commercial, Inc..

Data Updated June 29 2024 02:55:26

Listing Last Modified:06-19-2024 03:51:16


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