537 De Luz Rd - Apartments FOR SALE


Fallbrook, CA 92028
$995,000 USD
858-247-1095
537 De Luz Rd, Fallbrook, CA for Sale
$995,000 USD
Apartments - FOR SALE
1/8
null | 5.87% Cap Rate

537 De Luz Rd
Fallbrook, CA 92028


HIGHLIGHTS

  • **3 Units, 5.9% CAP**
  • Three (3) Detached Cottage Style Houses on One Lot
  • All Units Have Private Yards, In-Unit Laundry, & Off-Street Parking
  • Well-Maintained / High Income Property
  • Separately Metered for SDGE & Submetered for Water
  • Walking Distance to Downtown Fallbrook & Near Camp Pendleton's Entrance Off Ammunition Rd

OVERVIEW

**3 Units, 5.9% CAP** The Cottages at De Luz are three (3) detached homes on one lot situated on a 7,353sf parcel. The property consists of two (2) 2Bedroom / 1Bathroom units and one (1) Studio. Each unit is an individual cottage featuring in-unit laundry, a large private fenced yard, and off-street parking. This well-maintained and upgraded property is the perfect opportunity for an investor looking for a unique multifamily asset with top of the market rents or an owner-occupant looking for extra income to cover the mortgage.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$574 USD /SF

# OF UNITS

3

PRICE/UNIT

$331,667

CAP RATE

5.87%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Detached Houses - 5.87% CAP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,353 SF

ZONING

RU

APN/PARCEL ID

103-117-01

ASK ABOUT THIS PROPERTY

Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.