26
See all 26 photos
$1,050,000
Est. payment /mo
New
420 26 N Vine ST Fallbrook, CA 92028
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2502498
HOA Y/N No
Year Built 1975
Lot Size 7,048 Sqft
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 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!
Location
State CA
County San Diego
Area 92028 - Fallbrook
Zoning R-3:RESTRICTED MULTIPLE
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs
View Y/N No
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
New Construction No
Others
Senior Community No
Tax ID 1031330600
Energy Description 2940.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Virginia Gissing • RE/MAX Connections • vgissing@icloud.com