721 E Elder Street, Fallbrook, CA 92028

$1,279,000
List Price
$1,279,000
Status
ACTIVE
MLS#
PW22162622
Year Built
1965
Lot Size
8,712
Acres
0.2
Lot Location
Item1620UnitsAcre
Days on Market
13
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Fallbrook

Property Description

Well maintained, beautiful Four-Plex--ALL are three bedroom units, with two baths. These units have been updated with newer triple paned windows, Near new roof (2020) newer paint, newer rain gutters. scraped ceilings, and ceiling fans. Some units feature new wood plank look luxury vinyl flooring! Some units have laminate wood flooring. Recently replaced interior raised panel doors. Mini blinds window coverings. Featuring two units down and 2 units up-- spacious open floorplans flow to patio in downstairs units and balcony in upstairs units. Mature landscaping with shade trees and pathways. Newer privacy fencing along property, and wrought iron railings along stair pathways. Long term tenants with upside potential on below market rents. Units include kitchen with pantry, microwaves, refrigerators, and free standing gas ranges. Open Flow Dining Area and Living Room. 2 units have 1.75 baths, 2 units have 1.5 baths. Carport space for each unit, plus some additional parking on property, and on street. Additional income from convenient on-site community laundry room. Truly a nice investment property in Fallbrook.

Additional Information

Taxes
$6,457
Appliances
Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
Pool Description
None
Heat
Natural Gas, Wall Furnace
Cooling Description
None
View
None
Exterior Construction
Frame, Stucco, Wood Siding
Roof
Asphalt, Flat, Tar/Gravel
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s), Laminate Counters, Open Floorplan, Pantry, Recessed Lighting, Tile Counters, Unfurnished, BedroomonMainLevel, MainLevelMaster
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$72,300
Operating Expense
15743

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jill Hollon from Listing Office: Aramis Realty Group Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.