$1,050,000
$1,000,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
762 Puerta De Lomas Fallbrook, CA 92028
3 Beds
2 Baths
1,744 SqFt
Key Details
Sold Price $1,050,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,744 sqft
Price per Sqft $602
Subdivision Fallbrook
MLS Listing ID SW22243349
Bedrooms 3
Full Baths 2
Year Built 1983
Property Sub-Type Detached
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
Zoning RR
Interior
Cooling Zoned Area(s)
Fireplaces Type Other/Remarks
Exterior
Garage Spaces 1.0
View Y/N Yes
View Mountains/Hills
Building
Sewer Shared Septic
Water Public
Schools
School District Fallbrook Union High School Dist
Others
Acceptable Financing Cash, Exchange, Submit
Listing Terms Cash, Exchange, Submit
Special Listing Condition Standard
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Bought with Sergio Garcia Sunshine Properties RealEstate