729 E Elder, Fallbrook, CA 92028

About this property

This desirable fourplex (4 units) is a 2 story building located on the corner of E Elder & Potter St...Close to downtown Fallbrook. Two units consist of 3 bedrooms & 1.5 baths, two consist of 2 bedrooms & 1.5 baths, with all units over 1,050sqft. The two ground floor units were remodeled in 2016. Separately metered for gas and electric, the units have long term tenants with a solid payment history. All plumbing angle stops have been replaced in December 2021, all toilets are low flow, and plumbing lines are copper. There is a laundry room with leased equipment providing the residents with onsite convenience plus extra income for the owner. Each unit is assigned a carport plus amble off street parking for residents.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$1,250,000

Sold April 2023 · listed $1,275,000, on market March 2023 · MLS #NDP2301604 · Source: CRMLS

Listing Agent: Kelly Kohler · Listing Office: First Team Real Estate · Contact: 760-729-3333 · Bought with: Maxwell Brown · CBRE

$1,200,000

Sold November 2021 · on market June 2021 · MLS #210014904 · Source: CRMLS

Listing Agent: Gary Kaufman · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Kelly Kohler · First Team Real Estate

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