For sale
  • Listing Provided by: 

    Deanne Estrada DRE #02143621 323-697-6379,

    West Capital Real Estate

    Price cut: $125K (10/27)
    $1,100,000

    408 N Pico Ave, Fallbrook, CA 92028

    8beds
    8baths
    1,440sqft
    : 
    Mixed Use
    Built in 1953
    -- sqft lot
    $1,073,500 Zestimate®
    $764/sqft
    $-- HOA

    What's special

    Commercial officeHigh-visibility cornerMaximum visibility and frontageResidential duplexSignalized hard cornerClean interiorsThree contiguous lots
    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.
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