228 Pasadena Ave Pending

Fallbrook,CA 92028

$ 1195000

5 Beds

4 Baths

616 SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 616 sqft

Price per Sqft $1,939

Subdivision Fallbrook

MLS Listing ID 250021651

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1968

Property Sub-Type Res Income 2-4 Units

Property Description

**4-Units, 5.01% CAP** This well-located 4-Unit single level apartment complex contains three (3) 1Bedroom/1Bathroom units and one (1) 2Bedroom/1Bathroom unit. Two units will be delivered vacant making it the perfect opportunity for an owner occupant or value-add investor. Property amenities include a common area laundry facility, private yards for each unit, and air conditioning, and seven (7) surface parking spots. 5.01% CAP on Actuals. 5.71% CAP on Proforma. Situated near Downtown Fallbrook, the property is walking distance to shops and restaurants.

Location

State CA

County San Diego

Community Fallbrook

Area Fallbrook (92028)

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Story 1

Lot Size Range .25 to .5 AC

Level or Stories 1 Story

Others

Acceptable Financing Other/Remarks

Space Rent $1,695

Listing Terms Other/Remarks

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