408 N Pico ave, Fallbrook, CA 92028 - MLS#OC25248346

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,100,000

Est. payment | -/mo

10,654 Sqft Lot

Save

$ 1,100,000

Est. payment | -/mo

Save

10,654 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Fallbrook

MLS Listing ID OC25248346

HOA Y/N No

Year Built 1953

Lot Size 10,654 Sqft

Property Sub-Type Mixed Use

Property 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.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Interior

Fireplace No

Laundry Outside

Exterior

Parking Features Asphalt, Driveway

Pool None

Community Features Suburban

Private Pool No

Building

Lot Description Corner Lot, Value In Land

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 1031310200

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Special Listing Condition Standard

Listed by Deanne Estrada West Capital Real Estate 323-697-6379

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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408 N Pico ave Fallbrook, CA 92028