Seller's Agent in 2025
Angelo La Bruna
Apartment Realty Group (ARG)
(858) 837-1456
7 in this area
66 Total Sales
228 N Pasadena Ave Fallbrook, CA 92028
5
Beds
4
Baths
2,698
Sq Ft
1968
Built
About This Home
As of April 2025**4-Units, 5.01% CAP** This well-located 4-Unit single level apartment complex contains three (3) 1Bedroom/1Bathroom units and one (1) 2Bedroom/1Bathroom unit. Two units will be delivered vacant making it the perfect opportunity for an owner occupant or value-add investor. Property amenities include a common area laundry facility, private yards for each unit, and air conditioning, and seven (7) surface parking spots. 5.01% CAP on Actuals. 5.71% CAP on Proforma. Situated near Downtown Fallbrook, the property is walking distance to shops and restaurants.
Last Agent to Sell the Property
Apartment Realty Group (ARG) License #01991625 Listed on: 03/17/2025
Last Buyer's Agent
Inez Lockwood
Marina Beach Real Estate License #00285073
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
Community Details
- 4 Units
- Net Operating Income $59,892
Listing and Financial Details
- Tenant pays for electricity, gas/propane
- Assessor Parcel Number 103-310-12-00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $1,130,000 | -5.4% | $419 / Sq Ft |
| 03/27/2025 03/27/25 | Pending | -- | -- | -- |
| 03/17/2025 03/17/25 | For Sale | $1,195,000 | -- | $443 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $8,412 | $798,289 | $386,266 | $412,023 |
| 2024 | $8,412 | $782,638 | $378,693 | $403,945 |
| 2023 | $8,159 | $767,293 | $371,268 | $396,025 |
| 2022 | $8,162 | $752,249 | $363,989 | $388,260 |
| 2021 | $7,907 | $737,500 | $356,852 | $380,648 |
| 2020 | $6,556 | $598,228 | $289,463 | $308,765 |
| 2019 | $6,440 | $586,499 | $283,788 | $302,711 |
| 2018 | $3,918 | $351,676 | $170,165 | $181,511 |
| 2017 | $3,842 | $344,781 | $166,829 | $177,952 |
| 2016 | $3,723 | $338,021 | $163,558 | $174,463 |
| 2015 | $3,648 | $332,945 | $161,102 | $171,843 |
| 2014 | $3,581 | $326,424 | $157,947 | $168,477 |
Source: Public Records
Agents Affiliated with this Home
-
Angelo La Bruna
-
I
Buyer's Agent in 2025
Inez Lockwood
Marina Beach Real Estate
-
Adam Nogueira
Buyer's Agent in 2025
Adam Nogueira
SimpliHOM, Inc
(760) 535-5387
22 in this area
70 Total Sales
Map
Source: San Diego MLS
MLS Number: 250021651
APN: 103-310-12-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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, noncommercial 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 © 2026 San Diego MLS.
Nearby Homes
- 316 W Kalmia St
- 408 N Pico Ave
- 329 N Pico Ave
- 524 Rosvall Dr
- 844 Unit Lot 348
- 537 De Luz Rd
- 727 N Main Ave
- 282 Royal Glen Dr
- 0 Via Vonnie Unit SW26054903
- 502 E Elder St
- 842 Porter Way
- 1006 N Orange Ave
- 421 Hillcrest Ln
- 717 Porter St
- 308 Retreat Ct
- 868 E Alvarado St Unit 28
- 1282 Olive Ave
- 510 Hilbert Dr
- 1120 E Mission Rd Unit 22
- 1120 E Mission Rd Unit 27
- 228-34 N Pasadena Ave
- 220 N Pasadena Ave
- 412 W Ivy St
- 212 N Pasadena Ave
- 231 N Wisconsin St
- N N Wisconsin St
- 243 N Wisconsin St
- 225 N Wisconsin St Unit C
- 225 N Wisconsin St
- 411 W Hawthorne St
- 231 N Pasadena Ave
- 417 W Hawthorne St
- 239 N Pasadena Ave
- 221 N Pasadena Ave
- 411 W Ivy St
- 249 N Pasadena Ave
- 325 W Hawthorne St
- 335 W Hawthorne St
- 421 W Ivy St
- 323 W Hawthorne St
Your Personal Tour Guide
Ask me questions while you tour the home.