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Key Details
Sold Price $875,000
Property Type Single Family Home, Condo
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $338
MLS Listing ID 220027303
Bedrooms 5
Property Sub-Type Com-Res Income
Property Description
331 S Main Ave represents the perfect opportunity in an uncertain market climate. It offers investors an in-place 6.4% cap rate with the opportunity to achieve a 7.9% cap rate very quickly. It strikes the perfect balance of upside, in place cash flow and scale of ownership. Situated in Fallbrook, it is in a market that has seen consistent rent growth and lacks available housing.
Location
State CA
County San Diego
Area North County
Interior
Cooling None
Exterior
Parking Features Spaces
View Y/N No
Roof Type Composition
Building
Story 2
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Bought with Cody J Evans South Coast Commercial, Inc.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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