408 N Pico Ave, Fallbrook, California 92028
- $1,075,000
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 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.
Address
Open on Google Maps- Address: 408 N Pico ave
- City: Fallbrook
- State/county: CA
- Zip/Postal Code: 92028
- Area: Fallbrook
- Country: US
Details
Updated on May 14, 2026 at 8:52 pm- Property ID OC26105529
- Price $1,075,000
- Land Area 0.2446 Acres
- Bedrooms 2
- Bathrooms 2
- Year Built 1953
- Property Type Mixed Use, Residential
- Property Status Active
Additional details
- Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
- Sewer Public Sewer
- Cooling Wall/Window Unit(s)
- County San Diego
- Property Type Residential
- Pool None
- Parking Asphalt, Driveway
- Community Features Suburban
Overview
- Mixed Use, Residential
- 2
- 2
- 1953
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