
Listing provided courtesy of Jordan Concepcion of Keller Williams Realty. Last updated 2023-01-25 09:11:34.000000. Listing information © 2021 CLAW.
Asking Price: $1,949,000
329 Pico Ave, Fallbrook CA 92028
Community: 92028 - Fallbrook
This property was built in 1974 and is priced at $1,949,000. Please see the additional details below.
Attractive Price/Sq.ft ($390/sq ft) and upside in rents (Proforma Cap Rate of 5.83%)! Perfect for an investment or a potential investment property of owner-occupant. The Brooks is a property with a total of 5 Units - 4 Units + Recently Finished ADU (1br/1bt-$1800). The property has an excellent unit mix, renovated exterior, brand new ADU w/ high end finishes, 2 Garages and also has patio's attached to the bottom units. The 3br/2bt is a Townhome Style 2-story Unit that has a private entry, patios for 2nd story units and private yard for downstairs units, and AC in all units. A new owner can take advantage of residential financing while still having multiple units for optimal cash flow.