Fallbrook, CA 92028,408 N Pico ave
Fallbrook, CA 92028,408 N Pico ave
Fallbrook, CA 92028,408 N Pico ave
12
See all 12 photos
Listed by Deanne Estrada • West Capital Real Estate
$1,100,000
Est. payment /mo
Save
10,653 Sqft Lot
Active

408 N Pico ave Fallbrook, CA 92028

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
24
Jan
Sun
25
Jan
Mon
26
Jan
Madhu Sarkar

Madhu Sarkar

+1(650) 504-7768

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25248346

Year Built 1953

Lot Size 10,653 Sqft

Property Sub-Type Duplex

Source California Regional MLS

Property 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

State CA

County San Diego

Area 92028 - Fallbrook

Interior

Laundry Other

Exterior

Parking Features Other

Pool None

Building

Water District - Public

Others

Tax ID 1031310200

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 10
  • 7

    La Paloma Elementary School

    Public | KG - 6

  • 6

    William H. Frazier Elementary School

    Public | KG - 6

  • 5

    Fallbrook Street Elementary School

    Public | KG - 6

  • 5

    Live Oak Elementary School

    Public | KG - 6

  • 0

    Alpha and Omega Academy

    Private | KG - 12

  • 0

    Santa Margarita Academy

    Public | 4 - 8

  • 0

    Iowa Street

    Public | KG - 8

  • 0

    St Stephen Lutheran School

    Private | PK - 8

  • 0

    Zion Lutheran School

    Private | PK - 8

  • 0

    St Peter the Apostle Catholic School

    Private | PK - 8

Middle Schools 1
  • 4

    James E. Potter Intermediate School

    Public | 7 - 8

High Schools 3
  • 5

    Fallbrook High School

    Public | 9 - 12

  • 5

    Oasis High (Alternative)

    Public | 9 - 12

  • 0

    Ivy High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Madhu Sarkar

Madhu Sarkar

DRE# 01702931 | License ID: 01702931

+1(650) 504-7768

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of HOMES BY MADHU, INC., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

408 N Pico ave