Properties
Fallbrook, CA 92028 329 N Pico Ave
$1,695,000
18 more
Presented By: Corey McHenry with David Santistevan;
Home Details
Highly renovated 5-Plex right next to vibrant downtown Fallbrook, CA (North County San Diego). 4 of 5 units have been substantially renovated, along with the exterior of the property. Units are all rented at artificially low rents, giving a new owner an opportunity to increase rents with ease. Fallbrook has one of the lowest vacancy rates in all of San Diego County (2.9% - Costar). The property has an ideal unit mix of: 1 large 3BR/2.5BA TH (potential owner's unit), 3 - large 2BR/1BA's & 1 - 1BR/1BA. 8 off-street parking spaces & 2 garages.
Presented By: Corey McHenry with David Santistevan;
Interior Features for 329 N Pico Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NNo
General for 329 N Pico Ave
Cap Rate4.76
CityFallbrook
CountySan Diego
HOA Fee$
MLS Area92028 - Fallbrook
Net Operating Income80720
Number Of Units Total5
Operating Expense43725
PostalCityFALLBROOK
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Exterior for 329 N Pico Ave
Number of Buildings1
Total Parking0
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
