300 N Brandon RD, Fallbrook, CA 92028 – ND25054307

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Gatehouse Properties

GateHouse Properties

info@gatehouseproperties.com +1(714) 743-9882

$ 2,299,000

Est. payment | -/mo

2.69 Acres Lot

Save

$ 2,299,000

Est. payment | -/mo

Save

2.69 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID ND25054307

HOA Y/N No

Lot Size 2.690 Acres

Property Sub-Type Mixed Use

Property Description

24 units totaling over 8400 square feet, with 20 out of 24 units currently rented. There is a 1/3-acre vacant lot at the back of the property( No utilites connected on vacant lot) with all 3 parcels the total land is 2.68 acres. All of this near the heart of downtown Fallbrook. The current cap rate is approximately 5.5%. Potential for additional income here and the possibilities are endless. There are two residential units on the property. A 3-bedroom 1 bath home and a 1 bedroom 1 bath home.
Property has two ingress and egress entry points. One entry on North Brandon and one entry on East Mission Road. Shipping container is included in the sale with all of its contents. Shipping container has its own electric meter. Unit #12 is the leasing office, and all its contents are also included.
300 N. Brandon and 302 N. Brandon have seperate water meters and each unit is separately metered for electricity.
Property sold as is, seen and unseen,
***please do not disturb tenants***

***secondary ingress and egress access will be granted by easement through escrow***

***Diana L Kressin is Agent and Seller***

***Access to units will be granted only after accepted offer***

Location

State CA

County San Diego

Area 92028 - Fallbrook

Zoning v3

Interior

Heating Electric

Cooling Electric, Wall/Window Unit(s)

Fireplace No

Laundry Outside

Exterior

Fence Average Condition

Utilities Available Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Connected

Roof Type Composition,Shingle

Total Parking Spaces 40

Building

Lot Description 21-25 Units/Acre, Paved, Street Level, Level

Story 1

Water Public

Others

Tax ID 1055402000

Security Features Carbon Monoxide Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Diana Kressin • Premiere Real Estate

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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300 N Brandon RD Fallbrook, CA 92028