408 N Pico ave, Fallbrook, CA 92028

USD 1,075,000
For Sale MLS: OC26105529

Property Details

Bathrooms

2

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.

PROPERTY DETAILS: Square Feet: 1440 | Bathrooms: 2

INTERIOR FEATURES: • Cooling: Window/Wall Unit • Common Walls: 1 Common Wall • Fireplaces: None

EXTERIOR FEATURES: • Parking: Asphalt, Driveway. • Pool Description: None • Additional Exterior/Lot Features: Corner Lot

LISTING AGENT: Agent: Deanne Estrada | Office: West Capital Real Estate | Phone: 3236976379 | Email: [email protected]

LISTING INFORMATION: MLS#: OC26105529 | Status: FOR SALE

Location

Address

408 N Pico ave

City

Fallbrook

Features and Finishes

Interior Features:

• Cooling: Window/Wall Unit

• Common Walls: 1 Common Wall

• Fireplaces: None

Exterior Features:

• Parking: Asphalt, Driveway.

• Pool Description: None

• Additional Exterior/Lot Features: Corner Lot

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