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$999,900
 $5,368 est/mo Sourced by Back At You

408 N Pico Ave,Fallbrook, CA 92028

Fallbrook, CA 92028

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Description

REDUCED! 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-V2a 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

MLS #OC26105529
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1953
Days On Site105
Listing Provided ByWest Capital Real Estate | Deanne Estrada

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,440
Story(s)1
Units2
Acreage0.24
Property ViewNone

Interior

CoolingWall Window Units
Cooling Yes / NoYes
Fireplace Yes / NoNo

Exterior

Lot FeaturesCorner Lot, Value In Land

Parking

Parking FeaturesAsphalt, Driveway
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesSuburban

Area Information

StateCA
CountySan Diego
CityFallbrook
Zip Code92028
Area92028 Fallbrook
Community NameFallbrook
Listing VS Median (in Fallbrook)
Price:
$999,900
low | high
Med:
$970,000
52.990299029903% of Average
sqft:
1,440
low | high
Med:
2,195
2.395833333333% of Average
$ / sqft:
$694
low | high
Med:
$444
86.080641850494% of Average
On site:
105
low | high
Med:
51.5
100% of Average
Sourced by Back At You

Market Activity 92028

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Learn More About This Property

Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountySan Diego
CityFallbrook
Zip Code92028
Area92028 Fallbrook
Community NameFallbrook
Listing VS Median (in Fallbrook)
Price:
$999,900
low | high
Med:
$970,000
52.990299029903% of Average
sqft:
1,440
low | high
Med:
2,195
2.395833333333% of Average
$ / sqft:
$694
low | high
Med:
$444
86.080641850494% of Average
On site:
105
low | high
Med:
51.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $749K - $1.249M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
464 E Kalmia Property Photo 1
$749,000
464 E Kalmia
Fallbrook, CA 92028
985 N Main Property Photo 1
$647,000
985 N Main
Fallbrook, CA 92028
Listing Updated: August 21, 2026 at 9:50:53 PM PDT

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