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Listed by Deanne Estrada, DRE #02143621 • West Capital Real Estate
$ 1,075,000
Est. payment /mo
New
408 N Pico ave Fallbrook, CA 92028
2 Beds
2 Baths
1,440 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other Residential
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $746
MLS Listing ID CROC26105529
Bedrooms 2
Full Baths 2
Year Built 1953
Lot Size 10,653 Sqft
Property Sub-Type Other Residential
Source California Regional MLS
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.
Location
State CA
County San Diego
Area 92028 - Fallbrook
Interior
Cooling Window / Wall Unit
Fireplaces Type None
Laundry Other
Exterior
Parking Features Other
Pool None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 1031310200
Special Listing Condition Not Applicable
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