The Story

408 North Pico Avenue

Fallbrook, CA 92028 · Home

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 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.


Facts & Features

Property Info

Price
$999,900
Completion Year
1,953
Living Space
1,440 sq ft
Floors
1
Bedrooms
2
Bathrooms
2

Features & Amenities

Cooling

Wall/Window Unit(s)

Water Source

Public

Sewer

Public Sewer

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Listing Broker

West Capital Real Estate

Broker Name

West Capital Real Estate

Agent

Deanne Estrada

Location

Irvine CA 92614