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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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New to the Market 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: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000


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.cce-escrow.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: 2
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
Agency Phone: 949-570-8981
Agent Name: Deanne Estrada

Shown By

Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000

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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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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/16/2026. The listing information on this page last changed on 05/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 05/16/2026 6:15:14 PM EST) or CRMLS (last updated Sat 05/16/2026 5:58:56 PM EST) or GEMLS (last updated Sat 05/16/2026 6:13:22 PM EST) or Tehachapi MLS (last updated Sat 05/16/2026 6:00:38 PM EST). Real estate listings held by brokerage firms other than Watson Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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