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.

Details

Property ID OC26105529
2 Bedrooms
2 Bathrooms
Land Area 0.2446 Acres
Year Built 1953
Updated on May 14, 2026 at 8:52 pm

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

Address

  • Address: 408 N Pico ave
  • City: Fallbrook
  • State/county: CA
  • Zip/Postal Code: 92028
  • Area: Fallbrook
  • Country: US

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