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$ 1,130,000
$ 1,195,000 5.4%
Est. payment /mo
Sold on 04/16/2025
228 Pasadena Ave Fallbrook, CA 92028
UPDATED:
Key Details
Sold Price $1,130,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Fallbrook
MLS Listing ID 250021651SD
Sold Date 04/16/25
HOA Y/N No
Year Built 1968
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
Area 92028 - Fallbrook
Interior
Cooling None
Fireplace No
Exterior
Fence None
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 1033101200
Financing Conventional
Listed by Angelo La Bruna • Apartment Realty Group (ARG)
Bought with Adam Nogueira • Signature Real Estate Group
Bought with Adam Nogueira • Signature Real Estate Group