$1,599,999
Beds: 11
Baths: 8
Sqft: 2,582
100 Days On Market -

Courtesy of South Coast Commercial, Inc..

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Status: Active
Property Type: Detached
Year Built: 1920
Neighborhood: Fallbrook
Days On Website: 100
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.

Features

Bathrooms

  • 8 full bathrooms
  • 8 total bathrooms

Bedrooms

  • 11 bedrooms
  • 13 total bedrooms

Second Bedroom

  • 12x10 square feet

Third Bedroom

  • 12x10 square feet

Fourth Bedroom

  • 10x10 square feet

Fifth Bedroom

  • 10x10 square feet

Building

  • 2,582 estimated square feet
  • Source: Public Records
  • Built in 1920
  • 2 story

Dining Room

  • N/A square feet

Exterior Features

  • Wood/Stucco
  • Vertical Siding

Fence

  • Partial
  • New Condition
  • Vinyl

Family Room

  • N/A square feet

Water Features

  • Public

Heating

  • Wall/Gravity
  • Natural Gas

Kitchen

  • Kitchen is 8x6 feet

Listing

  • Source: SDMLS
  • For Sale
  • 69 days on market
  • Listed on 2024-06-18

Location

  • Community: Fallbrook
  • County: San Diego

Lot

  • 7,500-10,889 SF

Living Room

  • 12x20 square feet

Primary Bedroom

  • 14x12 square feet

Garage

  • None Known

Parking

  • 8 non-garage parking spaces
  • 8 total parking spaces
  • Non-Garage Parking: Driveway - Gravel,Parking Space

Roof

  • Composition
  • Shingle

Sewer

  • Sewer Connected

Property Map

Map View

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

Street View

Directions

331 S Main Ave
Fallbrook, CA 92028
Community: Fallbrook

Nearby Schools

Local Sales

Photo of Kurt Steffien

Kurt Steffien

Franchise Owner/ Broker of Record

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