408 N Pico Ave

Fallbrook, CA 92028
  • $1,100,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 1,440

    SqFt

About the Listing OC15306 - OCESTRDEA,22286278,22286278,22286278

HIGH-VISIBILITY CORNER — RESIDENTIAL DUPLEX + COMMERICIAL OFFICE with MAJOR RE-DEVELOPMENT POTENTIAL. Own the entire corner. This property offers a rare chance for an owner-occupant seeking an income-producing property or an investor ready to capitalize on the site’s serious redevelopment upside. This package includes three contiguous lots, totaling 10,653 sq ft and zoned FB-V2—a mixed-use designation allowing both commercial and residential development. The property sits at a signalized hard corner, commanding maximum visibility and frontage. Currently, the property consists of a residential duplex and a commercial office building, all with clean interiors & dependable tenants offering great stability. The major upside is in the right development strategy. This already income-producing property then becomes an income-producing POWERHOUSE. The caliber of exposure, zoning versatility, and proven income stream is nearly impossible to replicate at this price point.

Listing Highlights for 408 N Pico Ave

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® OC25248346
Year Built 1953
Total Square Footage 1,440
Lot/Acreage 0.24

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot,Value In Land,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Asphalt,Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1031310200
  • Tax Year: N/A

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Questions About..

408 N Pico Ave Fallbrook, CA 92028

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Originating MLS: CRMLS

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