NOT LISTED FOR SALE

421 N Vine St Fallbrook, CA 92028

8 Beds
4 Baths
3,186 Sq Ft
1978 Built

Last Sold October 06, 2020

Last sale price $715,000 $224 Per Sq Ft

1 Day on Market

About This Home

As of October 2020

Don't miss out on this great income property with loads of potential. This rare well maintained 4-unit residence is located in the center of Fallbrook. All units are 2BR, 1BA with long term tenants (2 units upstairs and 2 units downstairs). Each unit has its own assigned carport with ample space for parking. Walking distance to schools, shops & restaurants. Please do NOT disturb tenants, shown with accepted offer only.

Last Agent to Sell the Property

Cristina Dagdagan

HomeSmart Realty West License #01110235 Listed on: 08/07/2020

HomeSmart Realty West

Last Buyer's Agent

Cristina Dagdagan

HomeSmart Realty West License #01110235 Listed on: 08/07/2020

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Home Design

  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Carport
  • Parking Available
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 6,357 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1031370600

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $26,991
  • Net Operating Income $42,609

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • CapRate: 3.80
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Zoning: Multi Res
  • Property Type: Residential Income
  • Parcel Number: 1031370600
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Uncovered

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6357.00

Multi Family

  • Gross Multiplier: 13.35
  • Gross Scheduled Income: 54300.00
  • Lot Size Area: 6357.0000 Square Feet
  • Net Operating Income: 42609.00
  • Number Of Units Total: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Total Expenses: 26991.00
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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
10/06/2020 10/06/20 Sold $715,000 -1.4% $224 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $725,000 -- $228 / 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 $12,836 $1,220,389 $530,604 $689,785
2024 $12,836 $1,196,460 $520,200 $676,260
2023 $12,443 $729,300 $408,000 $321,300
2022 $7,914 $729,300 $408,000 $321,300
2021 $7,668 $715,000 $400,000 $315,000
2020 $7,115 $650,000 $328,000 $322,000
2019 $7,019 $640,000 $323,000 $317,000
2018 $6,289 $570,000 $288,000 $282,000
2017 $750 $530,000 $268,000 $262,000
2016 $5,257 $480,000 $243,000 $237,000
2015 $5,019 $460,000 $233,000 $227,000
2014 $4,807 $440,000 $223,000 $217,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200037807

California Regional Multiple Listing Service (CRMLS)

APN: 103-137-06-00