408 N Pico Ave, Fallbrook, CA 92028
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
408 N Pico Ave,Fallbrook, CA 92028
$1,100,000
- 1 Beds
- - Baths
- 1,440 sq. ft.
- Multi-family
- Active
Listed by: deanne estrada
Office: west capital real estate
MLS#:CROC25248346
Source:CA_BRIDGEMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$763.89
About this home
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.
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Home facts
- Year built:1953
- Listing ID #:CROC25248346
- Added:17 day(s) ago
- Updated:November 14, 2025 at 03:46 PM
Rooms and interior
- Bedrooms:1
- Living area:1,440 sq. ft.
Structure and exterior
- Year built:1953
- Building area:1,440 sq. ft.
- Lot area:0.24 Acres
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$763.89
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