329 N Pico Ave Fallbrook, CA $ 1,695,000
329 N Pico Ave
$ 1,695,000
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329 N Pico Ave

Fallbrook, CA, 92028
$ 1,695,000
Bedrooms-- Baths--

Monthly Estimate*

$ 10,436

Listed by David Santistevan
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Commercial Property for sale in Fallbrook, CA

for $1,695,000.

Highly renovated 5-Plex right next to vibrant downtown Fallbrook, CA (North County San Diego). 4 of 5 units have been substantially renovated, along with the exterior of the property. Units are all rented at artificially low rents, giving a new owner an opportunity to increase rents with ease. Fallbrook has one of the lowest vacancy rates in all of San Diego County (2.9% - Costar). The property has an ideal unit mix of: 1 large 3BR/2.5BA TH (potential owner's unit), 3 - large 2BR/1BA's & 1 - 1BR/1BA. 8 off-street parking spaces & 2 garages.

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Commercial Active

Price

$ 1,695,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Fallbrook

County/Region

San Diego

MLS | Web ID

260007450SD

Days on Market

5

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Net Operating Income 80720
Operating Expense 43725
Property Type Commercial Sale
Status Active
City Fallbrook
Number Of Units Total 5
MLS Area 92028 - Fallbrook
Standard Status Active
Property Sub Type Additional Mixed Use
Cap Rate 4.76
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Interior
Air Conditioning Y/N true
Heating Y/N false
Total Baths 0
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Exterior
Total Parking 0
Number of Buildings 1
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* Excluded Features
List By
David Santistevan

Broker

corey.mchenry@colliers.com

Email

Affordability Calculator

$10,436
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,436
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2026$1,695,000 Listed Price

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329 N Pico Ave, Fallbrook, CA, 92028 is a Commercial Property for sale at $1,695,000. The property's zip code is 92028 which is in Fallbrook, CA