420 N Vine Street
Fallbrook, CA 92028
- 9 beds
- – baths
- 4,232 sqft
- 7,050 sqft lot
- $248 per sqft
- 1975 build
- – on site
Prime Investment & Instant Equity Opportunity in Fallbrook – Act Fast! This is your chance to secure a high-potential, value-add four-plex in the heart of Fallbrook! Whether you’re an investor seeking immediate cash flow or an owner-occupant looking to offset your mortgage with rental income, this property delivers. The spacious three-bedroom, 2½-bath unit is perfect for a primary residence, while the three additional two-bedroom, one-bath units provide steady rental income.(Picture of the furnished living room is digitally staged) Long-term tenants (5+ years) ensure reliable cash flow, while the new owner improves one unit at a time! But here’s where the real opportunity lies, this is a handyman special, a fixer’s dream with deferred maintenance that, once addressed, unlocks huge upside potential. With strategic upgrades, you can maximize rents, boost property value, and gain instant equity. Additional perks include on-site laundry for extra income, private garages for each unit, and additional parking space, all features tenants love. Located just steps from Main Street and local shops, plus easy I-15 access, this property is in a prime rental location. Deals like this don’t last! With a little bit of elbow, grease, you’ll unlock built-in value that would normally
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Last updated Mar 16, 2025
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MLS# CRNDP2502498 —
The Building
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Year Built:1975
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Building Area Units:Square Feet
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Building Area Total:4232
Room Dimensions
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Living Area:4232
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Living Area Units:Square Feet
Location
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Directions:E Mission Rd, turn north on N Vine St. property is
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Exterior Features:Other
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Parcel Number:1031330600
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Zoning:R-3:
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Lot Size Area:0.16
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Lot Size Acres:0.16
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Lot Size SqFt:7050
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (949) 292-2850
Beds
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Bedrooms Total:9
The Listing
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Listing Terms:Cash
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Virtual Tour URL Unbranded:https://media.showingtimeplus.com/videos/01958ff8-cea8-71fd-a352-e19f066ae0b4
Appliances
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Laundry Features:Community Facility
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/15/25
Mar 15, 2025
|
Listed / Active | BRIDGE | $1,050,000 | |
|
12/2/19
Dec 2, 2019
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Relisted | CRMLS_CA | ||
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11/23/19
Nov 23, 2019
|
Pending | CRMLS_CA |
