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Key Details
Sold Price $2,100,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Fal
MLS Listing ID 200006059
Sold Date 02/28/20
HOA Y/N No
Property Description
7 separate parcels, appx 59 total acs, 2 separate 2 bed rental homes on own parcels, rent approximately $1700 per month, appx 7,000 healthy productive, profitable avocado trees, 6 wells over 200 gpm, 2" water meter, avocados mostly younger trees production profits will continue to soar, 2018 production over 400,000 lbs, some view parcels, park like setting below, county allows one home and guest home per parcel. Farm management team can stay or train to take over. Subject to boundary adjustment [Supplement]: AVOCADO GROVE BUSINESS Sale includes 7 legal parcels appx 59 total acres 108-340-29-00 (7.51acs) 108-340-30-00 (9.44acs) 108-340-20-00 (10.27acs) 108-350-15-00 (6acs) 108-350-07-00 (10.45acs) 108-350-16-00 (4.45acs) 108-350-18-00 (6.43acs) keep in mind trees are younger, mostly planted last 3-7 yrs, projected production could double in 5 years net income could be in $200-300,000 plus range, not including $3400 monthly from rentals. Contingent on seller completing a boundary adjustment.
Location
State CA
County San Diego
Area 92028 - Fallbrook
Zoning A70
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available Electricity Connected, Propane, Underground Utilities
View Y/N Yes
View Canyon, Park/Greenbelt, Hills, Mountain(s), Panoramic, Valley
Building
Lot Description Gentle Sloping, Steep Slope, Sprinklers Timer, Sprinkler System
Water Well
Others
Senior Community No
Tax ID 1083501500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with CRMLS FILL Agent • CRMLS
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