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
Features
Additional details
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Listing Terms: Cash, Cash to Existing Loan, Cash to New Loan
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Sewer: Public Sewer
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Cooling: Wall/Window Unit(s)
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County: San Diego
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Property Type: Residential
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Pool: None
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Parking: Asphalt, Driveway
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Community Features: Suburban
Address
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Address: 408 N Pico ave
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City: Fallbrook
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State/county: CA
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Zip/Postal Code: 92028
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Area: Fallbrook
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Country: US
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