408 N Pico ave, Fallbrook, CA 92028

Fallbrook
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
408 N Pico ave,Fallbrook, CA 92028
$1,075,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: deanne estrada
Office: west capital real estate
MLS#:OC25248346
Source:CAREIL

Price summary

  • Price:$1,075,000

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 #:OC25248346
  • Added:165 day(s) ago
  • Updated:April 11, 2026 at 04:24 PM

Structure and exterior

  • Year built:1953
  • Lot area:0.24 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,075,000

Parking

  • Parking description:Other
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