622 Elbrook dr, Fallbrook, CA 92028
Active
$799,000
2 Units
4 Beds
4 Baths
2,136 Area(sq.ft.)
Lot: 7,123 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | NDP2503348MR |
| Days On Market: | 267 |
| Listing Date: | March 14, 2025 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per ft2: | $ 374 |
| Price per unit: | $ 399,500 |
| Year Built: | 1979 |
Property Details
Fabulous investment opportunity in a safe small town! One of the units is now vacant making showings easy. The units are mirror images inside with 2 upstairs bedrooms sharing a hall bath. Downstairs you ll find the kitchen, dining, and living space along with a half bath. Both units have dedicated yard space and balconies, including 1 with a huge view and party balcony. As a landlord, you can offer tenants the convenience of on-site parking and a short (0.3 mile) walk to the nearest bus stop which is right in the heart of this small town. Fallbrook offers a little of everything local grocery stores, coffee shops, restaurants, art studios, farmer s market or attend many of the town s fun events such as the Avocado Festival, farmer s market, 4th of July and Christmas parades.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 34,800 |
| Total Annual Expense: | $ 14,640 |
| Net Operating Income: | $ 20,160 |
| Cap Rate: | 2.52% |
| Actual Gross Rent: | $ 2,900 |
Structure
| Community Features: | Curbs, Foothills, Golf, Horse Trails, Preserve/Public Land, Sidewalks, Storm Drains, Suburban, Biking, Hiking, Park |
| Sewer: | Public Sewer |
Land & Parking
| Zoning: | R-1:SINGLE FAM-RES |
| Land Lease Type: | Fee |
| Parking Garage: | Deck(s), Driveway - Combination, RV Access |
Interior
| Heating: | Central |
| Laundry: | In Closet |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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Income
