408 N Pico ave

  • $1,075,000
Fallbrook, California
Active
408 N Pico ave
Fallbrook, California
  • $1,075,000

Overview

  • Residential
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 1440
  • Sqft
  • 763479
  • Property ID

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.

Details

Updated on June 4, 2026 at 7:38 am
Listed by Deanne Estrada, West Capital Real Estate
  • Property ID: 763479
  • Price: $1,075,000
  • Property Size: 1440 Sqft
  • Land Area: 10653 Square Feet
  • Bedrooms: 2
  • Bathrooms: 2
  • Garage: 0
  • Year Built: 1953
  • Property Type: Residential
  • Property Status: Active

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