NOT LISTED FOR SALE

439 N Main Ave Fallbrook, CA 92028

9 Beds
5 Baths
4,232 Sq Ft
1975 Built

Last Sold May 08, 2018

Last sale price $850,000 $201 Per Sq Ft

56 Days on Market

About This Home

As of May 2018

BOM! Happy long term tenants, front unit has been there for 20 years. Fantastic opportunity to own 4 clean and maintained units, walking distance to Main Avenue and restaurants, shopping, schools and library. All have a garage, carport and storage. Up units have vaulted ceilings. Down units have patios. This is a comfortable, building with happy tenants. Laundry income is $200/month. All units are rented on a month to month. Fabulous cap rate! Do not disturb tenants. Shown with accepted offer. Neighborhoods: Downtown Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Chris Murphy

Epic Realty Group, Inc License #01246689 Listed on: 01/25/2018

Last Buyer's Agent

Allen Frozano

Keller Williams Realty License #02034668

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 1031330900

Community Details

Overview

  • 4 Units
  • 439 N Main Ave

Building Details

  • Net Operating Income $51,990

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • CapRate: 7.80
  • Park Name: 439 N Main Ave
  • Subdivision Name Other: Fallbrook
  • Property Type: Residential Income
  • Parcel Number: 1031330900
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 66120.00
  • Net Operating Income: 51990.00
  • Number Of Units Total: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Number With Refrigerator: 2

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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
05/08/2018 05/08/18 Sold $850,000 0.0% $201 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $850,000 -- $201 / 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 2018

    Chris Murphy

    Epic Realty Group, Inc

    Section Image
  • Allen Frozano

    Buyer's Agent in 2018

    Allen Frozano

    Keller Williams Realty

    (858) 527-9675

    Allen Frozano
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180004463

California Regional Multiple Listing Service (CRMLS)

APN: 103-133-09-00

California San Diego County Fallbrook 92028

439 N Main Ave, Fallbrook, CA

This home is located at 439 N Main Ave, Fallbrook, CA 92028 since 25 January 2018. This property was built in 1975. 439 N Main Ave is a home located in San Diego County with nearby schools including William H. Frazier Elementary School, James E. Potter Intermediate School, and Fallbrook High School.

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.

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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