For Sale: 762 Puerta De Lomas, Fallbrook, CA 92028. 3-bedroom 2-bath, 1744 sf, 1983 FALLBROOK $1,000,000 begin new search
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Overview

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 ACTIVE
Asking Price $1,000,000
Original Listing @ 2022-11-17
Terms Cash,Exchange,Submit
Ownership
Property Type RESIDENTIAL
Sales Restrictions Standard
Mello-Roos Fee $242 per Year
HOA Fee $0
Rooms
Office, Workshop, All Bedrooms Down
Square Footage 1744 sf
Bedrooms 3
Full Bathrooms 2
Location
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
Public Records
County San Diego
Assessor Parcel# 1211721600
Zoning RR
Geographic Areas

Community College District: Palomar CC

Zip Code: 92028

Highway Locator

West of I-15

East of I-5

North of SR-78

Ocean Distance 15.5 miles
Features
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
Monthly Payment Calculator
Listing Source
Platform SDMLS
AOR
MLS Number SW22243349
Courtesy of KW Temecula
Exterior
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