331 S Main Avenue, Fallbrook, CA 92028
Property
Sold November 2024
Listing Agent: Cody Evans (DRE #01399935) · Listing Office: South Coast Commercial Inc. · Contact: 619-226-6011 · Bought with: Eric Tackett · eXp Realty of California, Inc. · MLS #PTP2406337 · Source: CRMLS
About this property
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.
Listing description from the November 2024 sale, as reported to CRMLS.
Sale history