Listing Agent: Deanne Estrada Broker/Office: West Capital Real Estate
408 N Pico ave Fallbrook CA 92028
$ 1,075,000
2
| 2
| 1440 Sq Feet
Listing ID
#OC26105529
Status
Active
Property Type
Mixed Use
County
San Diego
Neighborhood
Fallbrook
Year Built
1953
Days on website
4
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
Financial Information
List Price:
$ 1075000
Property Features
Community Features:
Suburban
High School District:
Fallbrook Union
Laundry Features:
Outside
Levels:
One
Parking Features:
Asphalt, Driveway
Senior Community YN:
false
Water Source:
Public
High School District:
Fallbrook Union
Senior Community YN:
false
MLS Area Major:
92028 - Fallbrook
City:
Fallbrook
Listed By:
Deanne Estrada
West Capital Real Estate
CA Lic#
CA Lic#