$1,000,000
For more information regarding the value of a property, please contact us for a free consultation.
762 Puerta De Lomas Fallbrook, CA 92028
7.19 Acres Lot
Key Details
Property Type Residential Income
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Fallbrook
MLS Listing ID SW22234581
Year Built 1983
Lot Size 7.190 Acres
Property Sub-Type Mixed Use
Property Description
INCREDIBLE 6-UNIT INVESTMENT OPPORTUNITY! Sprawling property with lots of separation between units, beautiful orchard views and CASH FLOW! Your tenants will enjoy loads of privacy on this massive 7-acre homestead. Projected full 2022 income is 128K! Actual income up to November is 119K without counting 1 owner occupied unit that could rent for $2,500-3,000 a month! Unit 6 is not included in income as it is currently owner occupied. Current NOI is $105,848 without unit 6 rent. Currently a 10 CAP. See for yourself that this is the perfect investment opportunity!
Location
State CA
County San Diego
Area 92028 - Fallbrook
Zoning RR
Interior
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Rural
Building
Lot Description 6-10 Units/Acre, Secluded
Sewer Private Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, 1031 Exchange, Owner May Carry
Listing Terms Cash, 1031 Exchange, Owner May Carry
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sergio Garcia Sunshine Properties RealEstate