See Home Value
Listed by: Angelo La Bruna, Apartment Realty Group (ARG)
$1,130,000
● Multifamily - Off Market

228 Pasadena Ave

Fallbrook, CA 92028
bedrooms
Studio
bathrooms
0 Bath
$5,868
Est. Monthly

About This Property

**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.
Unit Size
-
Days on Market
31 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-

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Last updated: 2 years ago (CRMLS #250021651SD)

Price History

Date / Event Date Event Price
Apr 16, 2025 Sold
Sold
Mar 17, 2025 Listed by Apartment Realty Group (ARG) $1,195,000
Listed by Apartment Realty Group (ARG)

Property Highlights

Parking Available
Interior Details
Levels: One
Exterior Details
Year Built: 1968
Parcel Number: 1033101200
Home Type: ResidentialIncome
Roof: Composition
Utilities Details
Cooling Type: None
Location Details
Subdivision: Fallbrook
Subdivision Name: Fallbrook
Directions: CrossStreet: N Pasadena & W Hawthorne

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20250317
03/17/2025
Studio
-
-
$1,195,000
bedrooms
Studio
bathrooms
-
$1,130,000 -5.44%
04/16/2025
Angelo La Bruna
Apartment Realty Group (ARG)
20190308
03/08/2019
5 Bed
4 Bath
-
$750,000
bedrooms
5 Bed
bathrooms
4 Bath
-
-
-

Building Info

228 North Pasadena Avenue 228 North Pasadena Avenue, Fallbrook, CA 92028
More about this Building
228 North Pasadena Avenue
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About Fallbrook


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