408 N Pico Ave
Fallbrook, CA 92028
2
Bed
2
Bath
1,440Sqft
10,653Sqft(Lot)
REDUCED! 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 alre
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2 -
Heating & Cooling
Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1953Stories: 1Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 10653 Lot Size Acres: 0.2446 Lot Size Source: Assessor Lot Size Square Feet: 10,653 Lot Description: CornerLot,ValueInLandProperty Information
Subdivision: Fallbrook Source Property Type: Residential Property SubType: Mixed Use Levels: One Property Age: 73
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Listing Price Information
Listing Price: $999900Original Price: $1075000Cash, CashToExistingLoan, CashToNewLoan
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Tax Information
Parcel Number: 1031310200 Tax Lot: 0
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Virtual Tour
Parking Information
Asphalt, Driveway
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Location Information
Direction: CORNER OF PICO AVE AND EAST MISSION RD WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 588 Twin Country Ln, Fallbrook, CA, 92028 | $1,775,000 | 4 | 4 | 3,274 | 3,274 SqFt |
| 35617 Blue Bretton Dr, Fallbrook, CA, 92028 | $915,000 | 4 | 3 | 2,418 | 2,418 SqFt |
| 10204 Mount Olympus Val.., Fallbrook, CA, 92028 | $1,350,000 | 3 | 2 | 2,948 | 2,948 SqFt |
| 39018 Jubilee, Fallbrook, CA, 92028 | $799,000 | 3 | 2 | 1,444 | 1,444 SqFt |
| 38942 Jubilee Way, Fallbrook, CA, 92028 | $499,000 | 3 | 2 | 1,175 | 1,175 SqFt |
| 6750 Rainbow Heights Road, Fallbrook, CA, 92028 | $1,295,000 | 4 | 2 | 3,168 | 3,168 SqFt |
| 1485 Via Ladera, Fallbrook, CA, 92028 | $1,299,909 | 4 | 3 | 3,206 | 3,206 SqFt |
| 6133 Rainbow Heights Rd, Fallbrook, CA, 92028 | $699,000 | 2 | 1 | 1,826 | 1,826 SqFt |
| 6036 Rainbow Heights Road, Fallbrook, CA, 92028 | $3,999,000 | 4 | 3 | 2,568 | 2,568 SqFt |
| 5461 Rainbow Creek, Fallbrook, CA, 92028 | $875,000 | 4 | 1 | 2,000 | 2,000 SqFt |
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ByOwner last updated this listing 08/13/2026 @ 01:35
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