Log In/Sign Up
Your email has been sent.
Pico Ave 408 Pico Ave 2 Unit Apartment Building $1,100,000 ($550,000/Unit) Fallbrook, CA 92028
Executive Summary
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.
Property Facts
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 103-131-04 | Improvements Assessment | $164,801 |
| Land Assessment | $225,061 | Total Assessment | $389,862 |
Property Taxes
Parcel Number
103-131-04
Land Assessment
$225,061
Improvements Assessment
$164,801
Total Assessment
$389,862
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
