Well maintained, beautiful Four-Plex--ALL are three bedroom units, with two baths. These units have been updated with newer triple paned windows, Near new roof (2020) newer paint, newer rain gutters. scraped ceilings, and ceiling fans. Some units feature new wood plank look luxury vinyl flooring! Some units have laminate wood flooring. Recently replaced interior raised panel doors. Mini blinds window coverings. Featuring two units down and 2 units up-- spacious open floorplans flow to patio in downstairs units and balcony in upstairs units. Mature landscaping with shade trees and pathways. Newer privacy fencing along property, and wrought iron railings along stair pathways. Long term tenants with upside potential on below market rents. Units include kitchen with pantry, microwaves, refrigerators, and free standing gas ranges. Open Flow Dining Area and Living Room. 2 units have 1.75 baths, 2 units have 1.5 baths. Carport space for each unit, plus some additional parking on property, and on street. Additional income from convenient on-site community laundry room. Truly a nice investment property in Fallbrook.
Sold for $1,279,000 on 08/22/22
Listing Provided by:
Jill Hollon DRE #01251247 714-225-1725,
Aramis Realty Group Inc.
$1,279,000
721 E Elder St, Fallbrook, CA 92028
--beds
--baths
4,256sqft
Quadruplex
Built in 1965
-- sqft lot
$1,391,400 Zestimate®
$301/sqft
$2,264 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 22, 2022 at 03:34pm
Listing Provided by:
Jill Hollon DRE #01251247 714-225-1725,
Aramis Realty Group Inc.
Bought with:
Sue Na, DRE #01298363
Keller Williams Realty
Source: CRMLS,MLS#: PW22162622
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
- Laundry: Common Area, Laundry Room
Features
- Balcony, Ceiling Fan(s), Laminate Counters, Open Floorplan, Pantry, Recessed Lighting, Tile Counters, Unfurnished, Bedroom on Main Level, Main Level Primary
- Flooring: Laminate, Vinyl
- Doors: Panel Doors, Sliding Doors
- Windows: Screens, Triple Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,256
- Total interior livable area: 4,256 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Carport, Off Street, On Street
- Carport spaces: 4
- Uncovered spaces: 2
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Excellent Condition,Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 8,712 sqft
- Features: 16-20 Units/Acre
Details
- Parcel number: 1053413900
- Zoning: C31
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Frame, Stucco, Wood Siding
- Foundation: Slab
- Roof: Asphalt,Flat,Tar/Gravel
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1965
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities
Green energy
- Energy efficient items: Windows
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
Community
- Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: Fallbrook
- Subdivision: Fallbrook
HOA & financial
Other financial information
- Total actual rent: 5800
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,Cal Vet Loan,FHA,Fannie Mae
- Road surface type: Alley Paved, Paved
Services availability
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Estimated market value
$1,391,400