$1,500,000
$1,599,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
8 Baths
2,582 SqFt
SOLD DATE : 11/21/2024
Key Details
Sold Price $1,500,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $580
MLS Listing ID CRPTP2406337
Sold Date 11/21/24
Bedrooms 11
Full Baths 8
HOA Y/N No
Year Built 1920
Lot Size 8,798 Sqft
Acres 0.202
Property Sub-Type Single Family Residence
Property Description
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.
Location
State CA
County San Diego
Zoning FBV4
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Exterior Feature Backyard, Back Yard, Front Yard
Pool None
View Y/N true
View Hills
Private Pool false
Building
Lot Description Other, Landscape Misc
Story 1
Sewer Public Sewer
Level or Stories One Story
New Construction No
Schools
School District Fallbrook Union High
Others
Tax ID 1040521400
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with EricTackett
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+1(925) 413-1849 | kenneth@jcastlegroup.com