Tania Rivera
Compass
(858) 682-5736
24 Total Sales
2 in Fallbrook
$257K - $640K Price Range
309 N Pico Ave Fallbrook, CA 92028
Fallbrook Area
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
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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
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
Sep 12, 2023
Sold by
Bought by
Purchase Details
Closed on
Dec 16, 2021
Sold by
Bought by
Purchase Details
Listed on
Feb 3, 2021
Closed on
Mar 10, 2021
Sold by
Bought by
Seller's Agent
Patrick Kappel
Compass
Buyer's Agent
Patrick Kappel
Compass
List Price
$899,999
Sold Price
$935,000
Premium/Discount to List
$35,001
3.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2021
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
$701,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 11, 2020
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
$173,000
Interest Rate
3.4%
Mortgage Type
Stand Alone Second
Purchase Details
Listed on
Jun 21, 2016
Closed on
Aug 15, 2016
Sold by
Bought by
Seller's Agent
Jonathan Peacher
Investors Property Management
Buyer's Agent
Terri Bondy
BCS Real Estate Services
List Price
$634,400
Sold Price
$634,400
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,830
Interest Rate
3.43%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 21, 2016
Closed on
Jul 27, 2016
Sold by
Bought by
Seller's Agent
Jonathan Peacher
Investors Property Management
Buyer's Agent
Terri Bondy
BCS Real Estate Services
List Price
$634,400
Sold Price
$634,400
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,830
Interest Rate
3.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 18, 2013
Sold by
Bought by
Purchase Details
Closed on
Aug 30, 2013
Sold by
Bought by
Purchase Details
Closed on
Jul 14, 2011
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
$287,000
Interest Rate
4.26%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 9, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 12, 2004
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
$465,500
Interest Rate
6.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 1, 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
$230,000
Interest Rate
6.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 5, 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
$230,000
Interest Rate
6.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 19, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fallbrook, CA
-
Tania Rivera
-
OB Juncal
OB Juncal
ERA Ranch & Sea Realty
(760) 576-2427
74 Total Sales
1 in Fallbrook
$2,100,000 Price
-
Frances Mouser
Frances Mouser
eXp Realty of California, Inc
(442) 273-1675
238 Total Sales
4 in Fallbrook
$680K - $1.4M Price Range
-
Kim Babcock
Kim Babcock
Real Brokerage Technologies
(760) 906-8772
22 Total Sales
2 in Fallbrook
$917K - $1.2M Price Range
-
Michael Haas
Michael Haas
AARE
(442) 237-4371
102 Total Sales
1 in Fallbrook
$252,500 Price
-
Jesus Sanchez
Jesus Sanchez
Responds QuicklyReal Estate People
(760) 309-6678
34 Total Sales
1 in Fallbrook
$80,000 Price
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 | ||
| -- | None Listed On Document | ||
| -- | Orange Coast Title | ||
| $935,000 | Orange Coast Title | ||
| -- | Title365 | ||
| -- | Chicago Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $634,500 | Chicago Title Company | ||
| -- | Pacific Coast Title Company | ||
| $440,000 | Pacific Coast Title Company | ||
| -- | None Available | ||
| $665,000 | Chicago Title Co | ||
| -- | First American Title | ||
| $370,000 | First American Title | ||
| -- | First American Title |
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 |
|---|---|---|---|
| Previous Owner | $701,250 | ||
| Previous Owner | $701,250 | ||
| Previous Owner | $173,000 | ||
| Previous Owner | $475,830 | ||
| Previous Owner | $276,500 | ||
| Previous Owner | $287,000 | ||
| Previous Owner | $465,500 | ||
| Previous Owner | $231,000 | ||
| Previous Owner | $230,000 |
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 | 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
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 | $12,049 | $1,140,396 | $588,140 | $552,256 |
| 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
Seller's Agent in 2021
Patrick Kappel
Compass
(858) 699-6817
134 Total Sales
-
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
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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