Wilson Riley
Compass
(760) 512-8652
75 Total Sales
5 in Fallbrook
$475K - $1.4M 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
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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fallbrook, CA
-
Wilson Riley
-
Angela Ervin
Angela Ervin
Compass
(760) 691-5423
27 Total Sales
1 in Fallbrook
$620,000 Price
-
Jim Fishinger
Jim Fishinger
Excel Preferred Realty
(760) 304-1773
34 Total Sales
3 in Fallbrook
$875K - $1M Price Range
-
Ron Pickett
Ron Pickett
Coldwell Banker Realty
(949) 577-6199
64 Total Sales
1 in Fallbrook
$950,000 Price
-
Zachary Bach
Zachary Bach
eXp Realty of California, Inc.
(951) 404-2680
62 Total Sales
1 in Fallbrook
$600,000 Price
-
Kathy Vineyard
Kathy Vineyard
Re/Max Diamond Prestige
(951) 441-2557
102 Total Sales
1 in Fallbrook
$1,150,000 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 | ||
| Clancy Family Trust | -- | None Listed On Document | |
| Clancy Michael F | -- | Orange Coast Title | |
| Clancy Justin | $935,000 | Orange Coast Title | |
| Owen Robin W | -- | Title365 | |
| Owen Robin W | -- | Chicago Title Company | |
| Mim2 Llc | -- | None Available | |
| Andrew Lisowski Living Trust | -- | None Available | |
| Andrew Lisowski Living Trust | -- | None Available | |
| Owen Robin W | $634,500 | Chicago Title Company | |
| Lisowski Andrew | -- | Pacific Coast Title Company | |
| Lisowski Andrew | $440,000 | Pacific Coast Title Company | |
| Light Harry | -- | None Available | |
| Light Harry | $665,000 | Chicago Title Co | |
| Reade Dean Alan | -- | First American Title | |
| Reade Dean A | $370,000 | First American Title | |
| Jdc Development Co Llc | -- | 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 | Clancy Justin | $701,250 | |
| Previous Owner | Owen Robin W | $173,000 | |
| Previous Owner | Owen Robin W | $475,830 | |
| Previous Owner | The Andrew Lisowski Living Trust | $276,500 | |
| Previous Owner | Lisowski Andrew | $287,000 | |
| Previous Owner | Light Harry | $465,500 | |
| Previous Owner | Reade Dean Alan | $231,000 | |
| Previous Owner | Reade Dean A | $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
141 Total Sales
-
MB
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
-
TB
Buyer's Agent in 2016
Terri Bondy
BCS Real Estate Services
Map
Source: San Diego MLS
MLS Number: 210002820
APN: 103-135-03-00
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
- 329 N Pico Ave
- 408 N Pico Ave
- 234 W Kalmia St
- 537 De Luz Rd
- 641 N Main Ave
- 524 Rosvall Dr
- 210 S Vine St
- 711 De Luz Rd
- 464 E Kalmia St
- 502 E Elder St
- 131 S Brandon Rd
- 310 Elbrook Dr
- 1006 N Orange Ave
- 604 Porter St
- 868 E Alvarado St Unit 28
- 868 E Alvarado St Unit 44
- 127 Brandenburg Ln
- 1004 Santa Margarita Dr
- 1061 Old Stage Rd
- 1120 E Mission Rd Unit 57
- 309-15 N Pico Ave
- 315 N Pico Ave Unit 315 N. Pico
- 127 W Ivy St
- 321 N Pico Ave
- 305 N Pico Ave
- 329 N Pico Ave Unit B
- 329 N Pico Ave Unit A
- 329 N Pico Ave Unit A-D
- 329A N Pico Ave Unit D
- 300 N Main Ave
- 308 N Pico Ave Unit 12
- 322 N Main Ave
- 320 N Pico Ave
- 140 W Mission Rd
- 300 N Pico Ave Unit 16
- 330 330 N Main Ave #A
- 330 N Main Ave Unit A
- 202 W Mission Rd
- 238 N Pico Ave
- 168 W Mission Rd
Your Personal Tour Guide
Ask me questions while you tour the home.