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408 N Pico Ave

Fallbrook, CA 92028
  • $1,100,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: OC25248346
UPDATED: 62 min ago
$1,100,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Deanne Estrada of West Capital Real Estate (949-570-8981)


Description

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 sites 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T20:36:48.75. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169298655
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408 N Pico Ave Fallbrook, CA 92028

  • Price: $1,100,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 62 min ago
  • ID#: OC25248346
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1953
Built
Neighborhood:
Fallbrook
County:
San Diego
Area:
92028 - Fallbrook
Property Description
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 sites 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.
Exterior Features

Entry Level 1 Entry Location Front Lot Features Corner LotValue In Land Number Of Separate Electric Meters 1 Parking Features AsphaltDriveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN Yes Common Interest None Community Features Suburban Contingency DO NOT GO DIRECT. DO NOT DISTURB OCCUPANTS. THREE PARCELS ARE INCLUDED IN THE SALE: 103-131-02-00103-131-03-00 AND 103-131-04-00 Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Outside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 0 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T20:36:48.75. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Deanne Estrada of West Capital Real Estate (949-570-8981)