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408 N Pico Ave, Fallbrook, CA 92028

  • $1,075,000

    •

  • 2

    bed

  • 2

    bath

  • 1,440

    Sqft ($747/Sqft)

Other for sale 39 days
Movoto is helping 43 homebuyers near you

About 408 N Pico Ave

Property type Other
Year built 1953
HOA fee $0/month
Lot size 10,653 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Deanne Estrada
Listing Agent Contact: 323-697-6379
Listing Office - West Capital Real Estate
Source: CRMLS mls logo
MLS#OC26105529 • last updated 1 month ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style One, Mixed Use
Type Residential
SubType Commercial/Residential
Status Active
Living Area 1440
Lot Size (Acres) 0.2446
Lot Size (SqFt) 10653
Year Built 1953
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 2
Laundry Outside
Exterior
Parking Asphalt, Driveway
Lot Description Corner Lot, Value In Land
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
View None
County San Diego
Community Features Suburban
Subdivision Fallbrook, Fallbrook
High School District Fallbrook Union
Directions CORNER OF PICO AVE AND EAST MISSION RD
APN 1031310200
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6/10
Fallbrook High School
public Grades 9-12
Fallbrook Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • San Diego County
  • Fallbrook
  • 92028
  • 408 N Pico Ave

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/23/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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