Fallbrook, CA 92028,420 North Vine Street
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Fallbrook, CA 92028,420 North Vine Street
Fallbrook, CA 92028,420 North Vine Street
Fallbrook, CA 92028,420 North Vine Street
Fallbrook, CA 92028,420 North Vine Street
Listed by Virginia T Gissing • RE/MAX Connections

$1,050,000

Est. payment /mo

$1,050,000

Est.Price: ?

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420 North Vine Street Fallbrook, CA 92028

4,232 SqFt

SOLD DATE : 04/21/2025

Key Details

Sold Price $1,050,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,232 sqft

Price per Sqft $248

MLS Listing ID 8N-2502498

Sold Date 04/21/25

Year Built 1975

Lot Size 7,050 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, 2 1/2 -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

Laundry Community

Exterior

Parking Features Gated

Pool None

Community Features Curbs

View Y/N No

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

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