408 N Pico ave Fallbrook, CA $ 999,900
408 N Pico ave
$ 999,900
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408 N Pico ave

Fallbrook, CA, 92028
$ 999,900
Bedrooms2 Baths2.0 Sq 1,440

Monthly Estimate*

$ 6,313

Listed by West Capital Real Estate
408 N Pico ave, Fallbrook, CA 92028 - Image 1
408 N Pico ave, Fallbrook, CA 92028 - Image 2
408 N Pico ave, Fallbrook, CA 92028 - Image 3
408 N Pico ave, Fallbrook, CA 92028 - Image 4
408 N Pico ave, Fallbrook, CA 92028 - Image 5
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408 N Pico ave, Fallbrook, CA 92028 - Image 7
408 N Pico ave, Fallbrook, CA 92028 - Image 8
408 N Pico ave, Fallbrook, CA 92028 - Image 9
408 N Pico ave, Fallbrook, CA 92028 - Image 10
408 N Pico ave, Fallbrook, CA 92028 - Image 11
408 N Pico ave, Fallbrook, CA 92028 - Image 12

Single Family Home for sale in Fallbrook, CA

for $999,900 with 2 bedrooms and 2 full baths. This 1,440 square foot home was built in 1953 on a lot size of 0.2446.

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.

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Single Family Active

Price

$ 999,900

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.2446

Year Built

1953

Town/City

Fallbrook

County/Region

San Diego

MLS | Web ID

OC26105529

Days on Market

95

Features
General
Living Area 1440
Sewer PublicSewer
Cooling WallWindowUnits
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1953
View None
Stories Count 1
Levels One
Property Subtype MixedUse
Community Features Suburban
Additional Parcels Description 103-131-03-00 103-131-04-00
County San Diego
New Construction false
Property Type Residential
HOA false
Contingency DO NOT GO DIRECT. DO NOT DISTURB OCCUPANTS. THREE PARCELS ARE INCLUDED IN THE SALE: 103-131-02-00 103-131-03-00 AND 103-131-04-00
Subdivision Name Fallbrook
Garage Y/N false
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions CORNER OF PICO AVE AND EAST MISSION RD
City Fallbrook
Entry Location Front
Senior Community Y/N false
High School District Fallbrook Union
Number Of Units Total 2
MLS Area 92028 - Fallbrook
Lot Size Units SquareFeet
Lot Size Square Feet 10653
Listing Terms Cash CashToExistingLoan CashToNewLoan
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N true
Lease Considered Y/N false
Structure Type MixedUse
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 0
Property Sub Type Additional MixedUse
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Interior
Fireplace Features None
Total Stories 1
Common Walls OneCommonWall
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features Outside
Total Bedrooms 2
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 2
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Exterior
Parking Features Asphalt Driveway
Lot Features CornerLot ValueInLand
Water Source Public
Total Parking 0
Lot Size Area 10653
Lot Size Acres 0.2446
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
West Capital Real Estate

Broker

destrada@westcapitallending.com

Email

Affordability Calculator

$6,313
Per Month
100%
0%
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Monthly Principal & Interest
$6,313
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
8/6/2026$999,900 -6.99% Price Down
5/14/2026$1,075,000 Listed Price

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408 N Pico ave, Fallbrook, CA, 92028 is a Single Family Home for sale at $999,900 with 1,440 sqft and a lot size of 0.2446. 408 N Pico ave has 2 bedrooms, 2.0 baths, and was built in 1953. The property's zip code is 92028 which is in Fallbrook, CA