Home For Sale In Fallbrook, California

house for sale

Listed: 06/21/24

331 S Main Ave, Fallbrook, California, 92028

11 Bed:

8 Bath:

2,582 Sq Ft Living Area:

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Price

$ 1,65M

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About This House

331 S Main Ave is an apartment complex located in the heart of Fallbrook. The property consists of 5 permitted units and 3 additional bootleg rentals, for a total of 8. There are 5 two-bedroom and one-bath units, 2 studios, and 1 one-bedroom one bath unit. In 2023, the units were signicantly renovated inside and out. For the exterior, the ownership put on new roofs, siding, dual pane windows, fencing, paint, articial turf, and drought-tolerant landscaping. Interior there are new kitchen cabinets, counter tops, ooring, paint, sinks, and vanities. Based on in place income of approx. $14, 000a month this turn-key investment offers it all, cash flow without any heavy repositioning.

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Original listing

Fallbrook Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$994,528 (-10.1%)
May 2024	$1,106,873 (+15.7%)
Apr 2024	$956,646 (0%)
Mar 2024	$956,646 (0%)
Feb 2024	$956,646 (0%)
Jan 2024	$956,646 (-9.6%)

In June 2024, the asking price for 3 bed houses for sale in/near Fallbrook, United States averaged $994,528, a decrease of 10.1% from the previous month.

Median price trends for properties for sale in Fallbrook, United States as of June 2024.

Household Income

Median household income: $56,468

Number of households: 10,339

The average household income in Fallbrook, CA grew from $53,106 to $56,468 in the past year. This data is an estimate based upon 10,339 households in Fallbrook, CA.
The chart below presents how household income is distributed in Fallbrook, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Fallbrook, CA compared to median property taxes around the country. The prevalent amount of property taxes in Fallbrook, CA equals $3k+ , which is more than the national average.