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For Sale
$999,900
Est. $5,599/mo408 N Pico Ave, Fallbrook, CA 92028
bed
2
Bedrooms
bathtub
2
Bathrooms
square_foot
1,440
Sq Ft
About this home
REDUCED! 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.
Property Facts
bed
Bedrooms
2
bathtub
Bathrooms
2
square_foot
Square Feet
1,440
landscape
Lot Size
10,653 sqft
calendar_month
Year Built
1953
home_work
Property Type
Mixed Use
timer
Days on Market
79
garage
Garage Total
0
fingerprint
MLS #
OC26105529
Interior Details
Kitchen & Appliances
Laundry
Outside
Bed & Bath
Main Level Bedrooms
2
Main Level Bathrooms
2
Climate Control
Cooling
Wall Window Units
Parking
Parking Features
Asphalt, Driveway
Exterior & Lot
Lot & Grounds
Lot Features
Corner Lot, Value In Land
Sewer
Public Sewer
Water Source
Public
Community & HOA
Community Features
Suburban
Mortgage Calculator
Total Monthly
$0
Principal & Interest:
$0Property Tax:
$0Home Insurance:
$0HOA Fees:
$0$
$
%
Nearby Schools
| Rating | School Name |
|---|---|
N/A | Alpha And Omega Academy Private School |
N/A | Santa Margarita Academy Middle School |
7 | Maie Ellis Elementary Elementary School |
N/A | Mike Choate Early Childhood Education Center Middle School |
6 | Fallbrook Stem Academy Elementary School |
Convenience Score
Market Insights
92028|Fallbrook
Estimated Value
Calculating...
No change vs. last year
Value history is still building for this area.
Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood & Climate Risk
Noise Levels
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