Listing ID230008843
Sold For$1,095,000
StatusSOLD
CountySan Diego
Year Built1951
Property Type2-4 Units
**Turn-Key 3 UNITS** 2BD/1BA HOUSE W/ TWO (2) 2BD/1.5BA APARTMENTS IN THE REAR. 5.05% CAP on Actuals. All utilities separately metered (Gas, Electric, AND WATER). Each unit has its own washer / dryer and designated parking space. To-the-studs remodel with brand new cabinets, countertops, bathrooms, flooring, air condition, and appliances in each unit. Property can be delivered with or without tenants. Perfect for an owner occupant or investor looking to maximize income. Brand new appliances. Property Gross Income: $6,885/month.
County
San Diego
City
Fallbrook
Property Type
2-4 Units
Year Built
1951
Cooling
Wall/Window
Heat Equipment
Combination Heating, Forced Air Unit
Levels
2 Story
Total Stories
2
Unit 1 Estimated SqFt
960
Unit 1 Laundry Hook Ups
Yes
Unit 1 Number of Bedrooms
2
Unit 1 Number of Full Baths
1
Unit 1 Number Total Baths
1
Unit 2 Estimated SqFt
960
Unit 2 Laundry Hook Ups
Yes
Unit 2 Number of Bedrooms
2
Unit 2 Number of Full Baths
1
Unit 2 Number of Half Baths
1
Unit 2 Number Total Baths
2
Unit 3 Estimated SqFt
960
Unit 3 Laundry Hook Ups
Yes
Unit 3 Number Bedrooms
2
Unit 3 Number of Full Baths
1
Unit 3 Number of Half Baths
1
Unit 3 Number Total Baths
2
Unit Number for Unit 1
A
Unit Number for Unit 2
B
Unit Number for Unit 3
C
Entry Only
no
Exterior
Wood/Stucco
Fencing
Gate
Lot Size
7,500-10,889 SF
Neighborhood
Downtown Fallbrook
Number of Buildings
2
Number of Units
3
Number of Units w/Dryers
3
Number of Units w/Patios
3
Number of Units w/Range/Oven
3
Number of Units w/Refrigerator
3
Number of Units w/Washers
3
Number Units w/Cooling
3
Number Units w/Dishwashers
3
Parking Non-Garage Unit 4
Gated
Roof
Composition
Water
N/K
Water District
FALLBROOK PUBLIC UTILITY DISTRI
Water Heater Type
Electric, Gas
Community
FALLBROOK
Complex/Park
n/a
Country
United States
Market Area
North County
Zip/Area
FALLBROOK (92028)
Property Type
2-4 UNITS
Age Restrictions
N/K
Annual Expense Actual
24889
Annual Expense Projected
25098
Cap Rate Actual
5.05
Cap Rate Projected
5.35
Financing
Conventional
Gross Rent Multiplier Act
13.25
Gross Rent Multiplier Projected
12.7
Gross Scheduled Income Actual
82620
Gross Scheduled Income Projected
66220
Net Operating Income Projected
58535
Sale/Rent
For Sale
Sales Restrictions
N/K
Short Sale
no
Tenant Pays
Water
Terms
Cal Vet, Cash, Conventional, Exchange, FHA, VA
Unit 1 Deposit
2495
Unit 1 Projected Rent
2595
Unit 1 Rent Actual
2495
Unit 2 Deposit
2195
Unit 2 Projected Rent
2295
Unit 2 Rent Actual
2195
Unit 3 Deposit
2195
Unit 3 Projected Rent
2295
Unit 3 Rent Actual
2195
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Contact - Listing ID 230008843
Lawrence Dy
11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253
Data services provided by IDX Broker