Fallbrook, CA 92028,420 26 N Vine ST
Fallbrook, CA 92028,420 26 N Vine ST
Fallbrook, CA 92028,420 26 N Vine ST
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$1,050,000
Est. payment /mo
7,048 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

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


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California Regional MLS (CRMLS)
Listed by Virginia Gissing • RE/MAX Connections • vgissing@icloud.com
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Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California. 

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420 26 N Vine ST