408 N Pico
Fallbrook, CA 92028

  • 1 bed
  • – baths
  • 1,440 sqft
  • 14,810 sqft lot
  • $970 per sqft
  • 1953 build
  • on site

Investment Opportunity in Fallbrook! Corner property with 3 lots together and is zoned both Commercial and Residential. The total of contiguous lots combined is 10,653 sq feet/ .34 acre approx. Use of this property could be repositioned to suit new owners needs within county guidelines. One structure is an office building with hard-wired sprinkler system and security cameras, and is approx 640 sq feet. The second building is a duplex that is currently rented month-to-month to lng-standing tenants with a great paying history. Each duplex unit is approx 400 sq ft. One is rented for $1,250 per month and one is rented for $935 per month. This asset has high street visibility at the North end of town within walking distance to the heart of town, and may be suitable to a cash buyer, cash to new loan or a 1031 exchange property. Expenses are not shown in MLS, but will be shown to serious buyers only. All above remark info is per seller- buyer to verify.

bridgeMLS logo Listing courtesy of BRIDGE / RE/MAX Connections

Last checked: Checking… • Last updated Apr 14, 2024 •

MLS# CRNDP2402949 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
4/9/24
Listed / Active BRIDGE $1,398,000 448.2% (45.8% / YR)
3/21/24
Listed / Active CRMLS_CA
6/27/14
CRMLS_CA $255,000

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Multifamily For Sale

$1,398,000

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Listing provided by broker:

Lynn Stadille

RE/MAX Connections

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This multifamily located in Fallbrook, CA 92028 is currently for sale for $1,398,000. 408 N Pico is a 1,440 square foot multifamily with 1 bed and – baths that has been on Estately for 18 days. This multifamily is in the attendance area of William H. Frazier Elementary School, Potter Junior High School, and Fallbrook High School.

bridgeMLS logo Listing courtesy of RE/MAX Connections

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 08:35 on Apr 27.

© bridgeMLS, CCAR MLS, and Bay East MLS 2024. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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