331 S Main Ave, Fallbrook, CA 92028

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 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.

Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 331 S Main Ave
City Fallbrook
State CA
Zip 92028
County San Diego
Listing Agent Cody Evans DRE #01399935
Courtesy Of South Coast Commercial, Inc.
List Price $1,599,999
Status Active
Type Commercial
Subtype Mixed Use
Structure Size N/A
Lot Size 8,804

Listing information courtesy of: Cody Evans, South Coast Commercial, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 26th, 2024 at 10:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.