$1,050,000
Pending

420 N Vine Street

Fallbrook, CA 92028
0.16 acres | #NDP2502498
Listing OfficeRE/MAX Connections
Browse 26 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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 take years of market appreciation to achieve. Don’t let this opportunity pass you by, this one will get snapped up by a savvy investor or entrepreneur who knows that with a little risk the rewards can be exponential. Drive by today, but do not disturb tenants. Interior viewings available with the listing agent present!

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$1,050,000
      • MLS #NDP2502498
      • MLS #NDP2502498
      • CountySan Diego
      • Cost1050000
      • Acres0.1618
      • Year Built1975
      • Stories2

Location

Gary ElminoufiReal Estate Group
OR

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