**4-Units, 5.01% CAP** This well-located 4-Unit single level apartment complex contains three (3) 1Bedroom/1Bathroom units and one (1) 2Bedroom/1Bathroom unit. Two units will be delivered vacant making it the perfect opportunity for an owner occupant or value-add investor. Property amenities include a common area laundry facility, private yards for each unit, and air conditioning, and seven (7) surface parking spots. 5.01% CAP on Actuals. 5.71% CAP on Proforma. Situated near Downtown Fallbrook, the property is walking distance to shops and restaurants.
Sold for $1,130,000
$1,130,000
228 N Pasadena Ave, Fallbrook, CA 92028
5beds
--sqft
Multi Family
Built in 1968
-- sqft lot
$1,137,000 Zestimate®
$--/sqft
$2,731 Estimated rent
Home value
$1,137,000
$1.05M - $1.24M
$2,731/mo
Zestimate® history
Owner options
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$7,262/mo
Est. payment
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$7,262/mo
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Surface parking spots
Zillow last checked:
Listing updated:
Listed by:
Angelo Joseph La Bruna III DRE #01991625 858-247-1095,
Apartment Realty Group (ARG)
Bought with:
Adam Nogueira, DRE #01996597
SimpliHOM, Inc
Source: SDMLS,MLS#: 250021651
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- N/K
Interior area
- Total structure area: 2,698
Property
Features
- Levels: 1 Story
- Fencing: N/K
Details
- Parcel number: 1033101200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1968
Community & neighborhood
Security
- Security features: N/K
Location
- Region: Fallbrook
- Subdivision: FALLBROOK
Other
Other facts
- Listing terms: Other/Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2025 | Listing removed | $1,295,000+14.6% |
Source:  SDMLS #250016792 Report a problem | ||
| 4/16/2025 | Sold | $1,130,000-5.4% |
Source: SDMLS #250021651 Report a problem | ||
| 3/28/2025 | Pending sale | $1,195,000 |
Source: SDMLS #250021651 Report a problem | ||
| 3/17/2025 | Price change | $1,195,000-7.7% |
Source: SDMLS #250021651 Report a problem | ||
| 1/19/2025 | Listed for sale | $1,295,000+125.2% |
Source: SDMLS #250016792 Report a problem | ||
| 6/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/14/2024 | Listed for rent | $1,695 |
Source: Zillow Rentals Report a problem | ||
| 2/15/2018 | Sold | $575,000+2.7% |
Source: Agent Provided Report a problem | ||
| 1/18/2018 | Listed for sale | $560,000 |
Source: South Coast Commercial, Inc. #180003271 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 5/10Fallbrook Street Elementary SchoolGrades: K-6Distance: 0.4 mi
- 5/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 2.2 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$1,137,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,137,000
- California
- San Diego County
- Fallbrook
- 92028
- 228 N Pasadena Ave
Nearby cities
Nearby zip codes
Other Fallbrook Topics
