NOT LISTED FOR SALE

327 N Orange Ave Fallbrook, CA 92028

7 Beds
4 Baths
2,312 Sq Ft
7,405 Sq Ft Lot

Last Sold December 03, 2019

Last sale price $650,000 $281 Per Sq Ft

4 Days on Market

About This Home

As of December 2019

This 4 plex located in Fallbrook is zoned commercial just off Mission Ave. All units are leased and professionally managed. New exterior paint, new low maintenance landscaping with a recent clear termite report. Parking is offered at the front of the building as well at the rear off the alley access.

Last Agent to Sell the Property

Don Dowe

3D Realty License #01297802 Listed on: 10/24/2019

Last Buyer's Agent

Don Dowe

3D Realty License #01297802 Listed on: 10/24/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 2,312 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 9 / 50
  • Tax Tract Number 567
  • Assessor Parcel Number 1031840200

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,552
  • Maintenance Expense $2,332
  • Pest Control $420
  • Trash Expense $1,299
  • Water Sewer Expense $4,507
  • New Taxes Expense $5,420
  • Operating Expense $16,730
  • Net Operating Income $34,298

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4507.00
  • Zoning: C
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 1031840200
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 281.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Pest Control Expense: 420.00
  • Sewer: Public Sewer
  • Trash Expense: 1299.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 51028.00
  • Insurance Expense: 1552.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 2332.00
  • Net Operating Income: 34298.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 16730.00
  • Rent Control: No
  • Total Actual Rent: 4435.00
  • Total Expenses: 16730.00

Tax Info

  • New Taxes Expense: 5420.00
  • Tax Block: 50
  • Tax Census Tract: 189.04
  • Tax Lot: 9
  • Tax Tract Number: 567
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $650,000 0.0% $281 / Sq Ft
10/24/2019 10/24/19 For Sale $650,000 -- $281 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,496 $710,867 $328,093 $382,774
2024 $7,496 $696,929 $321,660 $375,269
2023 $7,271 $683,264 $315,353 $367,911
2022 $7,274 $669,868 $309,170 $360,698
2021 $7,049 $656,734 $303,108 $353,626
2020 $7,115 $650,000 $300,000 $350,000
2019 $6,121 $556,957 $259,654 $297,303
2018 $5,420 $490,000 $225,000 $265,000
2017 $5,093 $460,000 $212,000 $248,000
2016 $3,960 $360,000 $168,000 $192,000
2015 $3,940 $360,000 $168,000 $192,000
2014 $3,943 $360,000 $168,000 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19247472

California Regional Multiple Listing Service (CRMLS)

APN: 103-184-02-00