Tina Alcoser
Generations Realty
(760) 576-2234
15 Total Sales
2 in Fallbrook
$123,000 Price Range
228 N Pasadena Ave Fallbrook, CA 92028
Fallbrook Area
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
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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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fallbrook, CA
-
Tina Alcoser
-
Scott Robeson
Scott Robeson
Compass
(858) 251-7928
37 Total Sales
1 in Fallbrook
$994,500 Price
-
Theresa Manalang
Theresa Manalang
The Avenue Home Collective
(858) 648-5415
35 Total Sales
1 in Fallbrook
$1,037,200 Price
-
Ryan Trader
Ryan Trader
Cal State Realty Services
(858) 879-8676
38 Total Sales
2 in Fallbrook
$777K - $805K Price Range
-
Pat Camerena
Pat Camerena
First Team Real Estate
(858) 304-7848
48 Total Sales
1 in Fallbrook
$950,000 Price
-
Anne Gold
Anne Gold
Compass
(858) 391-4997
39 Total Sales
4 in Fallbrook
$598K - $1.5M Price Range
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 |
|---|---|---|---|
| $1,130,000 | Lawyers Title | ||
| Gassmann Paul Richard | -- | Lawyers Title Company | |
| Bothe Josef | $737,500 | Lawyers Title Company | |
| Parisi Stephanie | $575,000 | Chicago Title | |
| Dickinson Jeffrey James | $310,000 | Lawyers Title Insurance Co |
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 | $847,500 | ||
| Previous Owner | Bothe Josef | $534,000 | |
| Previous Owner | Dickinson Jeffrey James | $210,000 |
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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 2026 | $8,617 | $1,152,600 | $765,000 | $387,600 |
| 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
Seller's Agent in 2025
Angelo La Bruna
Apartment Realty Group (ARG)
(858) 837-1456
67 Total Sales
-
IL
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
74 Total Sales
Map
Source: San Diego MLS
MLS Number: 250021651
APN: 103-310-12-00
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