| 408 N Pico ave Fallbrook CA 92028 | |
| Price | $ 1,075,000 |
| Listing ID | OC26105529 |
| Status | Active |
| Property Type | Mixed Use |
| County | San Diego |
| Neighborhood | Fallbrook |
| Beds | 2 |
| Baths | 2 |
| House Size | 1440 |
| Year Built | 1953 |
| Days on website | 11 |
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.
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.
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#
