ACTIVE
331 S Main Ave
Fallbrook CA, 92028
$1,650,000
$639.04 per sqft
ACTIVE
3 Beds
2,582 sqft
Commercial
331 S Main Ave is an apartment complex located in the heart of Fallbrook. The property consists of 5 permitted units and three 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.
240009738
MLSⓇ ID
May 3, 2024
Listed
May 9, 2024
Updated
Map
331 S Main Ave
Fallbrook CA, 92028
Interior Features
Total Stories
2
Bedrooms
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Other Property Details
Area Name
North County
Garage
No
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
2%
Listed by South Coast Commercial, Inc., Cody J Evans,
Listing Contact: 858-729-3094
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Data last updated 2:32 AM UTC, 5/9/2024