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408 N Pico Ave, Fallbrook, CA 92028

$1,075,000
  • 408 N Pico Ave, Fallbrook, CA 92028 Main Photo

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Active
BEDS2 BATHS2 full SQUARE FEET1,440 MLS#OC26105529
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONFallbrook SCHOOLFallbrook Union

Listing Courtesy of: West Capital Real Estate
Agency Phone: 949-570-8981
Associate Name: Deanne Estrada
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


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 sites 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.

408 N Pico Ave | MLS# OC26105529

This home located at 408 N Pico Ave, Fallbrook, CA 92028 is currently listed for sale with an asking price of $1,075,000. This property was built in 1953 and has 2 bedrooms and 2 full baths with 1440 sq. ft. N Pico Ave is located in the Fallbrook subdivision within the Fallbrook Union school district. Search Fallbrook real estate on www.farrellsmyth.com today.

Property Features

Property Type: Residential -
Cooling: Wall/Window Unit(s)
Lot Size: 0.24 Acres
Stories: 1.0
Year Built: 1953

Feature Descriptions

Community Features: Suburban
Days on Site: 9
Fireplace: None
Laundry: Outside
Lot: Corner Lot, Value In Land
Parcel#: 1031310200
Parking: Asphalt, Driveway
Parking Notes: Asphalt, Driveway
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

School District: Fallbrook Union

Listed By / Shown By

Listed By

Agency Name: West Capital Real Estate
Agent Name: Deanne Estrada
Agency Phone: 949-570-8981

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimate Your Payment

Estimated Payment

$ 2,706.03 per month $2,392.48 Principal & Interest $0.00 Property Tax (data not provided by mls) $313.54 Homeowner's Insurance

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