$1,130,000
$1,195,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
228 Pasadena Ave Fallbrook, CA 92028
5 Beds
4 Baths
616 SqFt
Key Details
Sold Price $1,130,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 616 sqft
Price per Sqft $1,834
Subdivision Fallbrook
MLS Listing ID 250021651
Sold Date 04/16/25
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
Financing Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Adam Nogueira • Signature Real Estate Group