Fallbrook, CA 92028
Income Property - Great Investment Opportunity! The subject property includes 2 parcels totaling 16.8 acres (APN #102-530-18-00 and APN #102-530-19-00). The subject property has 849 feet of frontage off Old Highway 395, including direct frontage of Interstate 15. The property is also directly adjacent to the historic Oaks Restaurant which also includes a gas station, grocery store, and cabanas. which is currently on the market for $9,999,999. Furthermore, the subject property has a Lamar freeway advertising sign on premises which the seller profits an annual net income of $12,000. The seller is currently in negotiations with Lamar to increase the annual net profits. This property has endless potential for residential use, nursery, or commercial use with a zoning change. This property has several possible home sites, flat usable land, a panoramic view, lush tropical vegetation, endless oak tress, and a year round tropical creek running through the property. Direct access off Old Highway 395. All utilities are at the street. There is not another property of this caliber currently on the market. A MUST SEE!
William Tyler with Full Realty Services Inc
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