329 N Pico Ave, Fallbrook, CA, 92028

USD 1,695,000
For Sale MLS: 260007450

Property Details

Bedrooms

10

Bathrooms

6

Property Type

multi family

Description

Multi Family in Fallbrook, CA - Bedrooms: 10 - Bathrooms: 6 - Area: 4903 sqft - Year Built: N/A - Lot: N/A

Listing Agent: Corey Mchenry Brokerage: David Santistevan

Highly renovated 5-Plex right next to vibrant downtown Fallbrook, CA (North County San Diego). 4 of 5 units have been substantially renovated, along with the exterior of the property. Units are all rented at artificially low rents, giving a new owner an opportunity to increase rents with ease. Fallbrook has one of the lowest vacancy rates in all of San Diego County (2.9% - Costar). The property has an ideal unit mix of: 1 large 3BR/2.5BA TH (potential owner's unit), 3 - large 2BR/1BA's & 1 - 1BR/1BA. 8 off-street parking spaces & 2 garages.

Location

Address

329 N Pico Ave, Fallbrook, CA, 92028

City

Fallbrook

Features and Finishes

Bedrooms: 10, Total Bathrooms: 4, Full Bathrooms: 6, Parking Features: Garages, Spaces, Number of Buildings: 1, Number of Units: 5, Source Listing Status: Active, County: San Diego, Source Property Type: Residential Income, Area: FALLBROOK (92028), Source Neighborhood: FALLBROOK (92028), Parcel Number: 103-135-14, Property Subtype: Com-Res Income, Operating Expense: 43725, Total Square Feet Living: 4903, Year Built: 0, Building Area Units: Sqft, Living Area Units: Sqft, Levels or Stories: 2, pets allowed, garage 1 or more, rental property

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