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    216 E Mission Rd

    Fallbrook, CA 92028
    • $475,000
    • STATUS: ACTIVE
    • ON SITE: 15 days
    • ID#: 210025466
    UPDATED: 90 min ago
    $475,000
    • 1
      BEDS
    • N/A
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,350
      SQFT
    • $352
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Great Fallbrook Location. Significant Rental Upside. Great Potential for and Owner Occupant Scenario. 84 Walk Score - "Very Walkable - Most errands can be accomplished on foot.". Replaced Roof in 2019. Premier FBV3 Zoning. Major Capital Improvements in 2017. Ample Off Street Parking. // Click VIRTUAL TOUR link (under the photos) to see unit quality. // Property Type: Retail Unit (1) + Non-conforming Retail Unit (1) + Non- conforming Residential Unit (1). Building Size: 1,250 SF. Building Class: C. Year Built/Renovated: 1961/2017. Frontage: 50 FT on E Mission Rd.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/121187120
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    216 E Mission Rd Fallbrook, CA 92028

    • Price: $475,000
    • Status: ACTIVE
    • Updated: 90 min ago
    • ID#: 210025466
    1
    Beds
    1
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,350
    SQFT
    $352
    $/SQFT
    1961
    Built
    Neighborhood:
    Fallbrook
    County:
    San Diego
    Area:
    Fallbrook (92028)
    Property Description
    Great Fallbrook Location. Significant Rental Upside. Great Potential for and Owner Occupant Scenario. 84 Walk Score - "Very Walkable - Most errands can be accomplished on foot.". Replaced Roof in 2019. Premier FBV3 Zoning. Major Capital Improvements in 2017. Ample Off Street Parking. // Click VIRTUAL TOUR link (under the photos) to see unit quality. // Property Type: Retail Unit (1) + Non-conforming Retail Unit (1) + Non- conforming Residential Unit (1). Building Size: 1,250 SF. Building Class: C. Year Built/Renovated: 1961/2017. Frontage: 50 FT on E Mission Rd.
    Exterior Features

    Exterior Wood/Stucco Fencing N/K Roof Other/Remarks Spa Heat None Known Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 1 Half Baths Unit3 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Units With Cooling 3 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 1 Units With Refrigerators 1 Units With Washers 0

    Property Features

    Actual Cap Rate 4.8 Age Restrictions N/K Annual Expense Actual 10517 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Fallbrook Complex Park No Cross Streets E Mission Rd & N Vine St Gross Rent Multiplier Actual 13.9 Gross Rent Multiplier Project 11.2 Gross Scheduled Income Actual 34200 Gross Scheduled Income Project 42600 Mandatory Remarks None Known Market Area North County Monthly Total Fees 0 Net Operating Income Projected 30806 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 6.5 Sales Restrictions Call Agent Security N/K Short Sale No Tenant Pays Cable TvElectricityGas/Propane Terms Cash Unit1 Deposit 1350 Unit1 Occupied Tenant Unit1 Projected Rent 1500.0 Unit1 Rent Actual 1350.0 Unit2 Deposit 700 Unit2 Occupied Tenant Unit2 Projected Rent 850.0 Unit2 Rent Actual 700.0 Unit3 Deposit 800 Unit3 Occupied Tenant Unit3 Projected Rent 1200 Unit3 Rent Actual 800.0

    Listing provided courtesy of The Browar Group. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101