Seller's Agent in 2021
Patrick Kappel
Compass
(858) 699-6817
1 in this area
119 Total Sales
309 N Pico Ave Fallbrook, CA 92028
8
Beds
4
Baths
4,550
Sq Ft
6,505
Sq Ft Lot
Highlights
- Gated Community
- Property is Fully Fenced
- Wood Siding
- Tankless Water Heater
About This Home
As of April 20214 plex property with cash flow income with one of the highest CAP rates in San Diego County. Turnkey investment opportunity! All units are 2 bed, 1 bath with in unit washer/dryer hookup. Each unit has a garage plus a parking space accessed via an alley. Fully gated offering added security. Located within Fallbrook village, tenants will have easy accessibility to shops, restaurants and public transportation. Rent all units out or live in one and rent out 3 units.
Co-Listed By
marcus betton
Compass License #02074540
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 6,505 Sq Ft Lot
- Property is Fully Fenced
Home Design
- Composition Roof
- Wood Siding
- Stucco Exterior
Interior Spaces
- 2-Story Property
Utilities
- Cooling System Mounted To A Wall/Window
- Gravity Heating System
- Heating System Uses Natural Gas
- Tankless Water Heater
Listing and Financial Details
- Tenant pays for water, electricity, gas/propane
- Assessor Parcel Number 103-135-03-00
Community Details
Overview
- 4 Units
- 309 315 N Pico Community
Additional Features
- Net Operating Income $51,286
- Gated Community
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2021 04/01/21 | Sold | $935,000 | +3.9% | $205 / Sq Ft | |
| 02/05/2021 02/05/21 | Pending | -- | -- | -- | |
| 02/03/2021 02/03/21 | For Sale | $899,999 | +41.9% | $198 / Sq Ft | |
| 08/15/2016 08/15/16 | Sold | $634,400 | 0.0% | $139 / Sq Ft | View Prior Sale |
| 07/15/2016 07/15/16 | Pending | -- | -- | -- | |
| 06/21/2016 06/21/16 | For Sale | $634,400 | -- | $139 / Sq Ft |
Source: San Diego MLS
Tax History
| 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 | $11,763 | $1,118,036 | $576,608 | $541,428 |
| 2024 | $11,763 | $1,096,114 | $565,302 | $530,812 |
| 2023 | $10,328 | $972,774 | $520,200 | $452,574 |
| 2022 | $10,333 | $953,700 | $510,000 | $443,700 |
| 2021 | $7,299 | $680,244 | $214,439 | $465,805 |
| 2020 | $7,367 | $673,270 | $212,241 | $461,029 |
| 2019 | $7,236 | $660,070 | $208,080 | $451,990 |
| 2018 | $7,127 | $647,128 | $204,000 | $443,128 |
| 2017 | $6,987 | $634,440 | $200,000 | $434,440 |
| 2016 | $5,115 | $466,854 | $175,070 | $291,784 |
| 2015 | $5,017 | $459,843 | $172,441 | $287,402 |
| 2014 | $4,924 | $450,837 | $169,064 | $281,773 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Kappel
-
m
Seller Co-Listing Agent in 2021
marcus betton
Compass
-
Jonathan Peacher
Seller's Agent in 2016
Jonathan Peacher
Investors Property Management
(760) 310-3919
2 in this area
10 Total Sales
-
T
Buyer's Agent in 2016
Terri Bondy
BCS Real Estate Services
Map
Source: San Diego MLS
MLS Number: 210002820
APN: 103-135-03-00
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