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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

    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.

    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#: PW22162622MLS LogoOriginating 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