Fallbrook, CA 92028,420 N Vine Street
Listed by Virginia Gissing • RE/MAX Connections
Bought with Peter Diryawush • J. Peter Realtors
$1,050,000
Est. payment /mo
$1,050,000
Est.Price: ?

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4,232 SqFt
SOLD DATE : 04/21/2025

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 4,232 sqft

Price per Sqft $248

MLS Listing ID CRNDP2502498

Sold Date 04/21/25

HOA Y/N No

Year Built 1975

Lot Size 7,050 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

Prime Investment & Instant Equity Opportunity in Fallbrook – Act Fast! This is your chance to secure a high-potential, value-add four-plex in the heart of Fallbrook! Whether you’re an investor seeking immediate cash flow or an owner-occupant looking to offset your mortgage with rental income, this property delivers. The spacious three-bedroom, 2½-bath unit is perfect for a primary residence, while the three additional two-bedroom, one-bath units provide steady rental income.(Picture of the furnished living room is digitally staged) Long-term tenants (5+ years) ensure reliable cash flow, while the new owner improves one unit at a time! But here’s where the real opportunity lies, this is a handyman special, a fixer’s dream with deferred maintenance that, once addressed, unlocks huge upside potential. With strategic upgrades, you can maximize rents, boost property value, and gain instant equity. Additional perks include on-site laundry for extra income, private garages for each unit, and additional parking space, all features tenants love. Located just steps from Main Street and local shops, plus easy I-15 access, this property is in a prime rental location. Deals like this don’t last! With a little bit of elbow, grease, you’ll unlock built-in value that would normally

Location

State CA

County San Diego

Interior

Fireplace No

Laundry Community Facility

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Bay East Association of Realtors

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Luana Pereira

Luana Pereira

+1(925) 960-3578

Agent | License ID: 01984907

Agent License ID: 01984907

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