Veterans United Realty
9 Photos

331 S Main Ave, Fallbrook, CA 92028

$1,599,999 Asking Price

11 beds
8 baths
2,582  sqft
Built in 1920

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.

Listing Status:
Active
Date Added:
June 18, 2024 — 102 days ago
Listing Office:
South Coast Commercial, Inc., Cody J Evans (858-729-3094)
Office Phone:
619-226-6011
MLS ID:
240013970

Features & Amenities

Interior

Laundry:
N/K
A/C:
N/K
Heating:
Wall/Gravity, Natural Gas

Exterior

General:
Wood/Stucco,Vertical Siding
Pool:
None
Parking:
Driveway - Gravel,Parking Space, Parking spaces: 8

Construction

Roofing:
Composition,Shingle
General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
SDMLS
County:
San Diego

Lot

Topography:
Slope Gentle
Zoning:
104-052-14-00
Fencing:
Partial,New Condition,Vinyl
Restrictions:
None Known

Utilities

Water:
Public
Sewer:
Sewer Connected

Financial

Source:
SDMLS
Ownership:
Fee Simple

This listing courtesy of:
South Coast Commercial, Inc., Cody J Evans

About Fallbrook, CA

Housing

Number of Units
18,299
Median Home Value
$587,718
Median Rent
$1,397

33.51% of housing units are renter occupied.

5.12% are vacant.

Commute

Car
63.95%
Public Transportation
0.49%
Walk to Work
2.12%
Work from Home
31.13%
Other
1.67%

The median travel time to work is 22 minutes.

People

Population
51,993
Median Age
37.90
Median Household Size
2.97

Education

High School
21.06%
Associate’s Degree
7.24%
Bachelor’s Degree
20.33%
Graduate Degree
12.45%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront Ad

Veterans United Realty Bobby Archuleta - 573-445-3510, 23571 Kathryn Street Murrieta, CA 92562 - CAL BRE# 00824322

IDX This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non- commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last Updated: September 28, 2024 2:00 am.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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