102 E Mission Road Fallbrook, CA ^$ 1,500,000

102 E Mission Road

^$ 1,500,000

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102 E Mission Road

Fallbrook, CA, 92028

^$ 1,500,000

Studio Baths0.0 Sq 6,894

Monthly Estimate*

^$ 9,969

Listed by Community Realty, Inc.

102 E Mission Road, Fallbrook, CA 92028 - Image 1

102 E Mission Road, Fallbrook, CA 92028 - Image 2

102 E Mission Road, Fallbrook, CA 92028 - Image 3

102 E Mission Road, Fallbrook, CA 92028 - Image 4

102 E Mission Road, Fallbrook, CA 92028 - Image 5

102 E Mission Road, Fallbrook, CA 92028 - Image 6

Studio

Commercial Property for sale in Fallbrook, CA

for $1,500,000. This 6,894 square foot building was built in 1948 on a lot size of 0.34.

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.

Commercial Active

Price

^$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,700

Style

Business

Lot Size

0.34

Year Built

1948

Town/City

Fallbrook

County/Region

San Diego

MLS | Web ID

ND24080011

Days on Market

Features

General

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Zoning FBV1

Year Built 1948

Electric ElectricityOnProperty

Property SubType Business

Business Type Mixed

County San Diego

Net Operating Income 58137.0

Operating Expense 25713.0

Insurance Expense 7007.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 76 take S Mission Rd to E Mission Rd to Main Ave; 15 take E Mission Rd to Main Ave.

City Fallbrook

View Y/N N

Senior Community Y/N N

MLS Area 92028 - Fallbrook

Lot Size Units SquareFeet

Lot Size Square Feet 14810.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 5

Street Name Mission

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 7700.0

Electric Expense 8100.0

Home Warranty Y/N N

Current Financing Conventional

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 31

Building Area Units SquareFeet

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional Business

Cap Rate 3.9

Exterior

Lot Features CornerLot

Water Source Private

Lot Size Area 14810.0

Number of Buildings 1

Spa N

Building Area Total 6894.0

Lot Size Acres 0.34

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Road

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 102

* Excluded Features

List By

Community Realty, Inc.

Broker

(951) 551-4169

Phone

Affordability Calculator

$10,611

Per Month

Monthly Principal & Interest: $9,969
Monthly Property Taxes: $642
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Fallbrook, CA

Average List Price ^$1,256,166

Percent of Sale Price 16%

About Fallbrook, CA

33,184 Population

14% Since 2002

^$57,009 Median Income

35.56 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/22/2024	$1,500,000		Listed Price

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102 E Mission Road, Fallbrook, CA, 92028 is a Commercial Property for sale at $1,500,000 with 6,894 sqft and a lot size of 0.34. 102 E Mission Road is a studio with 0.0 baths and was built in 1948. The property's zip code is 92028 which is in Fallbrook, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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102 E Mission Road

Commercial Property for sale in Fallbrook, CA

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