331 South Main Avenue
$1,599,000
11
8
2,582
2,582
$619
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 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, artifcial turf, and drought-tolerant landscaping. Interior there are new kitchen cabinets,...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 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.
- Listed by Cody Evans • DRE #01399935 • Brokerage DRE #01846358 • South Coast Commercial Inc.
Property Details for 331 South Main Avenue
View
Hills
Parking Spaces Total0
Private PoolNo
Cooling TypeWall/Window Unit(s)
Building TypeAttached
Lot Size SourcePublic Records
Living Area2582
Assessor Parcel Number104-052-14-00
LISTING UPDATED: 10/15/2024 07:28 AM
Property Details for 331 South Main Avenue
Status | Active |
---|---|
MLS # | PTP2406337 |
Days on Market | 17 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential / Single Family Residence |
Year Built | 1920 |
Lot Size | 0.20 AC / 8,798 SF |
County | San Diego County |
Building Information for 331 South Main Avenue
Stories2Year Built1920Building Size-Lot Size0.20 AC / 8,798 SF
Property Information for 331 South Main Avenue
Property History for 331 South Main Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 331 South Main Avenue
Taxable ValueLand$408,000Additions$484,500Total$892,500
Tax Record2024$9,587 ($799 / month)
Home Facts
Total Finished SqFt2,582 SqFtAbove Grade Finished SqFt2,582 SqFtLot Size8,804 SqFtStyleMulti-Family Res (5+ Units)Year Built2020ZoningCOMMERCIALCountySAN DIEGOAPN104-052-14-00
Schools near 331 South Main Avenue
This home is within Fallbrook Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Fallbrook Street Elementary School PublicK to 6 | ||
James E. Potter Intermediate School Public7 to 8 | ||
Fallbrook High School Public9 to 12 | ||
Maie Ellis Elementary PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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