331 S Main Ave, Fallbrook CA 92028 | $1,599,999

  • 13 bedrooms
  • 8 bathrooms
  • 2,582 Sq Ft
  • 0 Lot Sq Ft
  • Type: Detached
  • Stories: 2
  • Year Built: 1920
  • MLS#: 240013970
  • Community: Fallbrook

Listing provided courtesy of Cody Evans of South Coast Commercial, Inc.. Last updated 2024-09-22 20:06:31.000000. Listing information © 2024 SANDICOR.

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 and one-bath units, 2 studios, and 1 one-bedroom one bath unit. In 2023, the units were signiûcantly renovated inside and out. For the exterior, the ownership put on new roofs, siding, dual pane windows, fencing, paint, artiûcial turf, and drought-tolerant landscaping. Interior there are new kitchen cabinets, counter tops, üooring, 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.

More Details

2 Stories
Master Bedroom: 14x12
Bedroom: 12x10
Bedroom: 12x10
Bedroom: 10x10
Bedroom: 10x10
Kitchen: 8x6
Living Room: 12x20

Johnny Noris

Call or Text: 858.349.7170