$1,625,000
FOR SALEActive329 N Pico Ave
Fallbrook CA 92028
N/A
SF
Mixed Use
Type
N/A
Built
N/A
Cost/SF
Listing Agent
Location Analysis
About This Property
PRICE REDUCTION! Highly renovated 5-Plex right next to vibrant downtown Fallbrook, CA (North County San Diego). 4 of 5 units have been substantially renovated, along with the exterior of the property. Units are all rented at artificially low rents, giving a new owner an opportunity to increase rents with ease. Fallbrook has one of the lowest vacancy rates in all of San Diego County (2.9% - Costar). The property has an ideal unit mix of: 1 large 3BR/2.5BA TH (potential owner's unit), 3 - large 2BR/1BA's & 1 - 1BR/1BA. 8 off-street parking spaces & 2 garages. (10 total bedrooms and 6.5 bathrooms)
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
5
Total Units
5.59%
Cap Rate
$91K
NOI
Property Highlights
N/A Property
Prime Location with High Visibility
5.59% Cap Rate
Location Analysis
Building Details
Zoning & Use
Investment Metrics
5.59%
Cap Rate
$90,782
NOI
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Closed commercial sales reported, newest first.
CRMLS
MLS# 260007450SD
Listed:
Nalren refreshed:
Last updated
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Listed by: David Santistevan
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.