408 N Pico Ave

Fallbrook, CA 92028
  • $1,100,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 1,440

    SqFt

About the Listing OC15306 - OCESTRDEA

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

Status Active
Days on Site 49
Property Type Multi-Family
MLS ® OC25248346
Year Built 1953
Total Square Footage 1,440
Lot/Acreage 0.24

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 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

Payment Calculator

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Questions About..

408 N Pico Ave Fallbrook, CA 92028

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Originating MLS: CRMLS

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