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Fallbrook, CA 92028 102 E Mission Road

$1,500,000

102 E Mission Road Fallbrook, Ca - Image 1102 E Mission Road Fallbrook, Ca - Image 2102 E Mission Road Fallbrook, Ca - Image 3
1 more
102 E Mission Road Fallbrook, Ca - Image 4102 E Mission Road Fallbrook, Ca - Image 5
Presented By: Denise McFarland with Community Realty, Inc.;
  • MLS# ND24080011
  • 04/22/2024
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  • FootageSQFT • 6,894

Home Details

Turnkey investment property. High vehicle and foot traffic, high visibility on the corner of two of Fallbrook's main streets - E Mission and Main Ave. Property contains 5 units (102-114 E Mission), all of which are occupied with steady tenants at market rents. Has off-street and street parking. Property has been well maintained.
Presented By: Denise McFarland with Community Realty, Inc.;

Interior Features for 102 E Mission Road

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixRoad
Total Stories1

Other Rooms

Entry Level1

General for 102 E Mission Road

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeMixed
Cap Rate3.9
Carport Y/NNo
CityFallbrook
CountySan Diego
Current FinancingConventional
Days on Market
Directions76 take S Mission Rd to E Mission Rd to Main Ave; 15 take E Mission Rd to Main Ave.
ElectricElectricityOnProperty
Electric Expense8100.0
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense7007.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet14810.0
MLS Area92028 - Fallbrook
MaintenanceExpense1800.0
MobileHomeRemainsYNNo
Net Operating Income58137.0
New ConstructionNo
Number of Units Leased5
Occupancy TypeTenant
Operating Expense25713.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubTypeBusiness
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameMission
Tax Annual Amount7700.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Waterfront Y/NNo
Year Built1948
Year Built SourceAssessor
ZoningFBV1

Exterior for 102 E Mission Road

Building Area Total6894.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.34
Lot Size Area14810.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
SpaNo
Water SourcePrivate

Additional Details

Price History

1527188455

First Team Client Services

Price $1,500,000
MLS#ND24080011
List Date 04/22/2024
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors