Seller's Agent in 2018
Jose Guiterrez
VILLAGE REALTORS
(626) 255-3414
21 Total Sales
401 W Clemmens Ln Fallbrook, CA 92028
27
Beds
21
Baths
12,804
Sq Ft
0.75
Acres
Highlights
- In Ground Pool
- Double Pane Windows
- Laundry Room
- No HOA
- Cooling System Mounted To A Wall/Window
- Wall Furnace
About This Home
As of May 2018Great apartment building located in good area of Fallbrook with plenty of future for great returns, 21 units 16 1 bedroom units 1 bath and 5 2 bedroom units 1 bath Please do not disturb tenants call listing agent for information. Property has Laundry room which also brings in an average income of $600 a month. All Units have ceramic tile floors and are in good condition
Last Agent to Sell the Property
VILLAGE REALTORS License #00541345 Listed on: 01/10/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.75 Acre Lot
- Two or More Common Walls
- Density is 21-25 Units/Acre
Home Design
- Apartment
- Stucco
Interior Spaces
- 12,804 Sq Ft Home
- Double Pane Windows
- Gas Cooktop
- Laundry Room
Bedrooms and Bathrooms
- 27 Bedrooms
- 21 Bathrooms
Pool
- In Ground Pool
- Gunite Pool
- Fence Around Pool
- Permits for Pool
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Standard Electricity
- Sewer Paid
- Cable TV Available
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 104
- Tax Tract Number 189
- Assessor Parcel Number 1041622800
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 21 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 22 Separate Electric Meters
- 22 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $14,262
- Furniture Replacement Expense $2,000
- Gardener Expense $1,200
- Insurance Expense $3,600
- Maintenance Expense $2,000
- Other Expense $35,000
- Pest Control $600
- Pool Expense $2,160
- Professional Management Expense $18,000
- Supplies Expense $2,000
- Trash Expense $3,480
- Water Sewer Expense $23,370
- New Taxes Expense $35,000
- Operating Expense $142,872
- Gross Income $240,600
- Net Operating Income $95,189
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2018 05/23/18 | Sold | $2,700,000 | -3.6% | $211 / Sq Ft |
| 04/25/2018 04/25/18 | Pending | -- | -- | -- |
| 01/10/2017 01/10/17 | For Sale | $2,800,000 | -- | $219 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $31,666 | $3,011,896 | $1,227,068 | $1,784,828 |
| 2024 | $31,666 | $2,952,840 | $1,203,008 | $1,749,832 |
| 2023 | $30,672 | $2,894,942 | $1,179,420 | $1,715,522 |
| 2022 | $30,684 | $2,838,180 | $1,156,295 | $1,681,885 |
| 2021 | $29,646 | $2,782,530 | $1,133,623 | $1,648,907 |
| 2020 | $29,877 | $2,754,000 | $1,122,000 | $1,632,000 |
| 2019 | $29,283 | $2,700,000 | $1,100,000 | $1,600,000 |
| 2018 | $23,299 | $2,137,065 | $1,042,040 | $1,095,025 |
| 2017 | $22,837 | $2,095,162 | $1,021,608 | $1,073,554 |
| 2016 | $19,513 | $1,800,000 | $900,000 | $900,000 |
| 2015 | $19,495 | $1,800,000 | $900,000 | $900,000 |
| 2014 | $19,508 | $1,800,000 | $900,000 | $900,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Guiterrez
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV17006071
APN: 104-162-28-00
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.
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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