NOT LISTED FOR SALE

1053 Old Stage Rd Fallbrook, CA 92028

Fallbrook Area
6 Beds
5 Baths
2,880 Sq Ft
1951 Built

Sale Details

Date Sold: June 21, 2023

Last sale price $1,095,000 $380 Per Sq Ft

31 Days on Market

Highlights

  • Forced Air Heating System
  • Gated Home
  • Wood Siding
  • La Paloma Elementary School Rated 9+

About This Home

As of June 2023

**Turn-Key 3 UNITS** 2BD/1BA HOUSE W/ TWO (2) 2BD/1.5BA APARTMENTS IN THE REAR. 5.05% CAP on Actuals. All utilities separately metered (Gas, Electric, AND WATER). Each unit has its own washer / dryer and designated parking space. To-the-studs remodel with brand new cabinets, countertops, bathrooms, flooring, air condition, and appliances in each unit. Property can be delivered with or without tenants. Perfect for an owner occupant or investor looking to maximize income. Brand new appliances. Property Gross Income: $6,885/month.

Last Agent to Sell the Property

Angelo La Bruna

Apartment Realty Group (ARG) License #01991625 Listed on: 05/12/2023

Last Buyer's Agent

Kevin Ehm

I2i Real Estate and Mortgage, License #01979333

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Gated Home

Listing and Financial Details

  • Tenant pays for water
  • Assessor Parcel Number 104-341-28-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $55,253

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: E Aviation
  • Neighborhood: Downtown Fallbrook
  • LP / Sq Ft: 18.71
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1951
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Gate
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Water Heater Type: Electric, Gas
  • Heat Equipment: Combination Heating, Forced Air Unit

Condo/Co-op/Association

  • Community: FALLBROOK

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Water District: FALLBROOK PUBLIC UTILITY DISTRI
  • Assessor Parcel Number: 104-341-28-00
  • Water District URL: http://www.fpud.com

Rental Info

  • Tenant Pays: Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 55253
  • Gross Rent Multiplier Actual: 13.25
  • Gross Rent Multiplier Projected: 12.7
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Bought by

Purchase Details

Listed on
May 12, 2023
Closed on
May 26, 2023
Sold by
Bought by
Seller's Agent
Angelo La Bruna
Apartment Realty Group (ARG)
Buyer's Agent
Kevin Ehm
I2i Real Estate and Mortgage,
List Price
$1,095,000
Sold Price
$1,095,000
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 9, 2020
Sold by
Bought by
Seller's Agent
Angelo La Bruna
Apartment Realty Group (ARG)
Buyer's Agent
Angelo La Bruna
Apartment Realty Group (ARG)
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.98%

Purchase Details

Closed on
Sep 28, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,475
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
5.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 1988
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Fallbrook, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,095,000 Lawyers Title Company
-- Lawyers Title Company
$440,000 Lawyers Title
-- First American Title Ins Co
-- United Title Company
$369,000 United Title Company
$300,000 First American Title Ins Co
$153,000 Lawyers Title
$145,000 Fidelity National Title
$185,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $694,300
Closed $697,000
Previous Owner $147,475
Previous Owner $199,000
Previous Owner $265,500
Previous Owner $124,000
Previous Owner $122,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2023 06/21/23 Sold $1,095,000 0.0% $380 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $1,095,000 +148.9% $380 / Sq Ft
01/22/2021 01/22/21 Sold $440,000 -11.8% -- View Prior Sale
11/27/2020 11/27/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $499,000 -- --
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $12,262 $1,162,021 $636,724 $525,297
2025 $11,972 $1,139,238 $624,240 $514,998
2024 $11,972 $1,116,900 $612,000 $504,900
2023 $8,328 $784,584 $364,140 $420,444
2022 $7,847 $493,718 $164,570 $329,148
2021 $5,285 $493,718 $164,570 $329,148
2020 $5,326 $488,656 $162,883 $325,773
2019 $5,221 $479,076 $159,690 $319,386
2018 $5,142 $469,683 $156,559 $313,124
2017 $5,040 $460,475 $153,490 $306,985
2016 $4,913 $451,447 $150,481 $300,966
2015 $4,836 $444,667 $148,221 $296,446
2014 $4,744 $435,958 $145,318 $290,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230008843

San Diego MLS

APN: 104-341-28-00

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