NOT LISTED FOR SALE

143 Lillian Way Unit A-D Fallbrook, CA 92028

8 Beds
4 Baths
3,600 Sq Ft
1975 Built

Last Sold July 06, 2015

Last sale price $600,000 $167 Per Sq Ft

7 Days on Market

About This Home

As of July 2015

We are pleased to present this (4) unit property boasting spacious 2bdr/1bth units in Fallbrook, CA. This investment offers upside in rents and great 30 year fixed financing. This is ideal for any investor looking for an apartment building that is not management intensive yet offers great long-term income potential. Inventory is tight in Fallbrook and this property will not last long. Bring all Offers!!

Last Agent to Sell the Property

Anthony Mendes

The Mendes Company License #01845642 Listed on: 05/30/2015

Last Buyer's Agent

Matt mcfarland

MM Farland Inc dba Farland Realty License #01860296

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Home Design

  • Composition Roof

Schools

  • Fallbrook Union Elementary District
  • Fallbrook Union High School District

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Level Lot

Community Details

  • 4 Units
  • Laundry Facilities
  • Net Operating Income $32,030

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 105-810-20-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: East Alvarado St
  • Neighborhood: Fallbrook
  • LP / Sq Ft: 17.46
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1975
  • 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
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: FALLBROOK
  • Complex Features: Laundry Facilities

Schools

  • School District URL: https://www.fuhsd.net/
  • Elementary School: Fallbrook Union Elementary District
  • Elementary School Website: https://www.fuesd.org/
  • High School: Fallbrook Union High School District
  • Middle School Url: https://www.fuesd.org/
  • Middle School: Fallbrook Union Elementary District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Zoning: R-3
  • Assessor Parcel Number: 105-810-20-00
  • Land Use Code: R

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 32030
  • Annual Expense Actual: 14646
  • Annual Expense Projected: 14646
  • Gross Rent Multiplier Actual: 12.68
  • Gross Rent Multiplier Projected: 11.93
  • Gross Sched Income Actual: 48120
  • Gross Sched Income Projected: 51120
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2015 07/06/15 Sold $600,000 -1.6% $167 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $610,000 -- $169 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anthony Mendes

    Seller's Agent in 2015

    Anthony Mendes

    The Mendes Company

    (619) 889-3614

    8 Total Sales

    Anthony Mendes
    Section Image
  • Matt mcfarland

    Buyer's Agent in 2015

    Matt mcfarland

    MM Farland Inc dba Farland Realty

    (760) 644-3916

    13 Total Sales

    Matt mcfarland
    Section Image
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Map

Source: San Diego MLS

MLS Number: 150029133

San Diego MLS

California San Diego County Fallbrook 92028

143 Lillian Way Unit A-D, Fallbrook, CA

This home is located at 143 Lillian Way Unit A-D, Fallbrook, CA 92028 since 30 May 2015. This property was built in 1975. 143 Lillian Way Unit A-D is a home located in San Diego County with nearby schools including William H. Frazier Elementary School, James E. Potter Intermediate School, and Fallbrook High School.

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