Property Detail

331 Main Ave

Fallbrook CA 92028

$1,650,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Cody Evans of South Coast Commercial, Inc.. Last updated 2024-05-04 09:21:31.000000. Listing information © 2022 PSIR CREST.

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