NOT LISTED FOR SALE

335 W Hawthorne St Fallbrook, CA 92028

4 Beds
3 Baths
2,506 Sq Ft
0.32 Acres

Last Sold February 24, 2021

Last sale price $500,000 $200 Per Sq Ft

6 Days on Market

Highlights

  • Corner Lot
  • Floor Furnace
  • Back and Front Yard
  • Mountainous Community
  • Level Lot
  • 1-Story Property

About This Home

As of February 2021

INCOME PROPERTY WITH LOTS OF POTENTIAL. SINGLE STORY UNITS WITH 2 UNITS. TOP UNIT 3BR, 2.5BA . 2ND UNIT 1BR/1 BA small family room. LARGE CORNER LOT. EXCELLENT LOCATION IN FALLBROOK. 2 BLOCKS AWAY FROM MAIN STREET WITH ALL SHOPPING AND DINING. SOLD AS-IS-SELLER WILL NOT MAKE REPAIRS. GREAT PROPERTY FOR AN INVESTOR. DO NOT DISTURB TENANTS. Flat large corner lot. Zone R3- build on and add units for income. Needs some TLC in bathrooms and kitchen.

Last Agent to Sell the Property

Donna Wettstein

Century 21 Affiliated License #01380900 Listed on: 01/22/2021

Century 21 Affiliated

Last Buyer's Agent

David Macdonald

David J. Macdonald Real Estate License #00335750

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 0.32 Acre Lot
  • 1 Common Wall
  • Corner Lot
  • Level Lot
  • Back and Front Yard

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,506 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Tract Number 567
  • Assessor Parcel Number 1032610500

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Mountainous Community

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Operating Expense $3,000
  • Gross Income $32,280
  • Net Operating Income $30,674

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Property Attached: Yes
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 1032610500
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Price Per Square Foot: 199.52

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Water Heater, Gas Water Heater
  • Heating Type: Fireplace(s), Floor Furnace, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Gentle Sloping, Level with Street, Lot 10000-19999 Sqft, Level
  • Lot Size: 13,985
  • Lot Size Sq Ft: 13985.00
  • Lot Size Acres: 0.3200

Multi Family

  • Gross Income: 32280.00
  • Gross Scheduled Income: 35280.00
  • Lot Size Area: 13985.0000 Square Feet
  • Net Operating Income: 30674.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4605.00
  • Rent Control: No
  • Total Actual Rent: 35280.00
  • Total Expenses: 3000.00

Tax Info

  • 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
02/24/2021 02/24/21 Sold $500,000 -13.0% $200 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $575,000 -- $229 / 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 $11,113 $1,350,000 $680,000 $670,000
2024 $11,113 $1,036,034 $392,034 $644,000
2023 $6,569 $617,400 $374,544 $242,856
2022 $5,538 $510,000 $367,200 $142,800
2021 $3,943 $366,453 $183,883 $182,570
2020 $3,980 $362,696 $181,998 $180,698
2019 $3,908 $355,585 $178,430 $177,155
2018 $3,850 $348,614 $174,932 $173,682
2017 $3,775 $341,779 $171,502 $170,277
2016 $3,410 $310,000 $155,000 $155,000
2015 $3,285 $300,000 $150,000 $150,000
2014 $3,071 $280,000 $140,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2100351

California Regional Multiple Listing Service (CRMLS)

APN: 103-261-05-00