N Pasadena Ave Fallbrook, CA 92028
Active
$1,295,000
4 Units
5 Beds
4 Baths
n/a Area(sq.ft.)
n/a Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 1 | 1 | $ 1,695 | $ 1,695 | $ 1,895 | |
Unit 2 | 1 | 1 | 1 | n/a | n/a | $ 1,895 | |
Unit 3 | 1 | 1 | 1 | n/a | n/a | $ 1,895 | |
Unit 4 | 1 | 2 | 1 | $ 1,895 | $ 1,895 | $ 2,400 | |
4 | 4 | 5 | 4 | $ 3,590 | $ 3,590 | $ 8,085 |
MLS #: | 250016789SD |
Days On Market: | 8 |
County: | San Diego |
Property Type: | Residential Income |
Price per unit: | $ 323,750 |
Year Built: | 1968 |
Property Details
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. 4.54% CAP on Actuals. 5.19% CAP on Proforma. Situated near Downtown Fallbrook, the property is walking distance to shops and restaurants.Interested in this Listing?
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Income Details
Total Annual Expense: | $ 31,736 |
Net Operating Income: | $ 58,824 |
Cap Rate: | 4.54% |
Gross Rent Multiplier: | 13.87 |
Structure
Levels: | One |
Complex Name: | N/a |
Security Features: | None |
Land & Parking
Interior
AC/Cooling: | Other |
Exterior
Pool: | No |
Roof: | Composition |
Spa: | No |
Detailed Map
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