Keegan Cin | Realtor® | License # DRE 01971604

Property

Fallbrook, CA 92028 622 24 Elbrook Drive

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Presented By: Mike Stine with eXp Realty of Southern CA; mikestine87@gmail.com
  • MLS# NDP2503348
  • 04/07/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 2,136
  • Year Built • 1979

Home Details

Fabulous investment opportunity in a safe small town! One of the units is now vacant making showings easy. The units are mirror images inside with 2 upstairs bedrooms sharing a hall bath. Downstairs you’ll find the kitchen, dining, and living space along with a half bath. Both units have dedicated yard space and balconies, including 1 with a huge view and party balcony. As a landlord, you can offer tenants the convenience of on-site parking and a short (0.3 mile) walk to the nearest bus stop which is right in the heart of this small town. Fallbrook offers a little of everything…local grocery stores, coffee shops, restaurants, art studios, farmer’s market or attend many of the town’s fun events such as the Avocado Festival, farmer’s market, 4th of July and Christmas parades.
Presented By: Mike Stine with eXp Realty of Southern CA; mikestine87@gmail.com

Interior Features for 622 24 Elbrook Drive

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall, NoOneAbove, NoOneBelow
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesLaundryCloset
Total Stories2

Other Rooms

Entry Level1

General for 622 24 Elbrook Drive

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate2.52
Carport Spaces2.0
Carport Y/NYes
CityFallbrook
Community FeaturesBiking, Curbs, Foothills, Golf, Hiking, HorseTrails, Park, PreservePublicLand, StormDrains, Suburban, Sidewalks
CountySan Diego
DirectionsGPS
Electric On Property Y/NNo
Entry LocationFront Door
Garage Spaces0.0
Garage Y/NNo
Gross Income34800.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2254.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, FHA, VaLoan
Lot Size Square Feet7123.0
Lot Size UnitsSquareFeet
MLS Area92028 - Fallbrook
MobileHomeRemainsYNNo
Net Operating Income20160.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Open Parking Spaces4.0
Operating Expense14640.0
Pool FeaturesNone
Property Attached Y/NYes
Property ConditionRepairsCosmetic
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Tax Lot75064
Taxes$6,092
Total Actual Rent2900.0
Trash Expense725.0
Virtual TourClick here
Water Sewer Expense2693.0
Year Built1979
ZoningR-1:SINGLE FAM-RES

Exterior for 622 24 Elbrook Drive

Building Area Total2136.0
Crops Included Y/NNo
Horse Amenities RidingTrail
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions69' x 106'
Lot Size Acres0.1635
Lot Size Area7123.0
Lot Size SourcePublicRecords
LotDimensionsSourcePublicRecords
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Covered, Driveway, OnSite, Deck, RvAccessParking
Private PoolNo
SpaNo
Total Parking6.0
Waterfront Y/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $799,000
MLS#NDP2503348
List Date 04/07/2025
Property Type Multi-Family
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