408 N Pico Ave, Fallbrook, CA 92028

Fallbrook
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
408 N Pico Ave,Fallbrook, CA 92028
$1,075,000
  • 2 Beds
  • 2 Baths
  • 1,440 sq. ft.
  • Single family
  • Active
Listed by: deanne estrada
Office: west capital real estate949-570-8981
MLS#:OC26105529
Source:CRMLS

Price summary

  • Price:$1,075,000
  • Price per sq. ft.:$746.53

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 #:OC26105529
  • Added:1 day(s) ago
  • Updated:May 14, 2026 at 10:42 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,440 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Year built:1953
  • Building area:1,440 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Corner Lot, Value In Land
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,075,000
  • Price per sq. ft.:$746.53

Features and amenities

  • Laundry features:Outside

Parking

  • Parking description:Asphalt, Driveway
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