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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!
| Address |
762 Puerta De Lomas
Fallbrook, CA 92028 |
| Listing Status | SOLD |
| Sold Price | $1,050,000 |
| Asking Price | $1,000,000 |
| Original Listing | $1,000,000 @ 2022-11-17 |
| Terms | Cash,Exchange,Submit |
| Sold Terms | Other/Remarks |
| Escrow Date | 2022-12-08 |
| Closing Date | 2023-01-24 |
| Days on MLS | 22 |
| Property Type | RESIDENTIAL |
| Sales Restrictions | Standard |
| Mello-Roos Fee | $242 per Year |
| HOA Fee | $0 |
| Square Footage | 1744 sf |
| Bedrooms | 3 |
| Full Bathrooms | 2 |
| Directions | From 76 HWY S, Right on Olive Hill, Left on Morro Hills, Left on Sleeping Indian, Left on Puerto De Lomas. Destination on your right. |
| Community Area | FALLBROOK |
| School District | Not Listed |
| County | San Diego |
| Assessor Parcel# | 1211721600 |
| Zoning | RR |
| Geographic Areas | |
| Highway Locator |
West of I-15 East of I-5 North of SR-78 |
| Ocean Distance | 15.5 miles |
| Year Built | 1983 (source: Assessor) |
| Laundry Location | Laundry Room |
| Elevator | Not Listed |
| Cooling | Zoned Area(s) |
| Heating | |
| Sewer/Septic | Shared Septic |
| Fireplaces | Not Listed (Other/Remarks) |
| Miscellaneous | Mountainous |
| Platform | SDMLS |
| AOR | |
| MLS Number | SW22243349 |
| Courtesy of | KW Temecula |
https://www.californiatophomes.com/SW22243349
| Style | Detached 1 Story |
| Material | Not Listed |
| Lot Size | ~ 313,196 sf |
| Fencing | Not Listed |
| Topography | Not Listed |
| Swimming Pool | N/K |
| Exclusive Yard | Yes |
| Parking |
Total Spaces: 1
Garage Spaces: 1
Non-Garage Spaces:
0 -
|
| View | Mountains/Hills |
| Unit Location | No Common Walls |