NOT LISTED FOR SALE

331 S Main Ave Fallbrook, CA 92028

11 Beds
8 Baths
2,582 Sq Ft
8,798 Sq Ft Lot

Last Sold November 21, 2024

Last sale price $1,500,000 $581 Per Sq Ft

29 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Living Room
  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Landscaped

About This Home

As of November 2024

331 S Main Ave is an apartment complex located in the heart of Fallbrook. The property consists of 5 permitted units and 3 additional bootleg rentals, for a total of 8. There are 5 two-bedroom anjavascript:void(0);d one-bath units, 2 studios, and 1 one-bedroom one bath unit. In 2023, the units were significantly renovated inside and out. For the exterior the ownership put on new roofs, siding, dual pane windows, fencing, paint, artifcial turf, and drought-tolerant landscaping. Interior there are new kitchen cabinets, counter tops, flooring, paint, sinks, and vanities. Based on in place income of approx. $14,000 a month this turn-key investment offers it all, cash flow without any heavy repositioning.

Last Agent to Sell the Property

Cody Evans

South Coast Commercial Inc. License #01399935 Listed on: 10/14/2024

South Coast Commercial Inc.

Last Buyer's Agent

Eric Tackett

eXp Realty of California, Inc. License #02164458

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,798 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Back and Front Yard

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,582 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Views of Hills

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Rain Gutters
  • Property is near public transit

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Tax Tract Number 4
  • Assessor Parcel Number 1040521400

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: FBV4 (buyer to verify)
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 1040521400
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2582.00
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 8
  • Total Bedrooms: 11
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 580.95
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Hills
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Near Public Transit
  • Lot Size Sq Ft: 8798.00
  • Lot Size Acres: 0.2020

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8798.0000 Square Feet
  • Number Of Units In Community: 8

Tax Info

  • Tax Tract Number: 4

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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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
11/21/2024 11/21/24 Sold $1,500,000 -6.2% $581 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $1,599,000 -- $619 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cody Evans

    South Coast Commercial Inc.

    Section Image

  • E

    Buyer's Agent in 2024

    Eric Tackett

    eXp Realty of California, Inc.

    (888) 832-7179

    2 in this area

    14 Total Sales

    Eric Tackett
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2406337

California Regional Multiple Listing Service (CRMLS)

APN: 104-052-07-00

California San Diego County Fallbrook 92028

331 S Main Ave, Fallbrook, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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