329 N Pico Ave Fallbrook, CA $ 1,625,000
329 N Pico Ave
$ 1,625,000
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329 N Pico Ave

Fallbrook, CA, 92028
$ 1,625,000
Bedrooms10 Baths7.0 Sq 4,903

Monthly Estimate*

$ 10,005

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Multi-Family Home for sale in Fallbrook, CA

for $1,625,000 with 10 bedrooms and 7 full baths. This home is 4,903 square feet.

PRICE REDUCTION! 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. (10 total bedrooms and 6.5 bathrooms)

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Multi-Family Active

Price

$ 1,625,000

Bedrooms

10

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Com-Res Income

Town/City

Fallbrook

County/Region

San Diego

MLS | Web ID

260007450

Features
Exterior
Parking Features Garages Spaces
Lot Size Area 0.0
Number of Buildings 1
Building Area Total 4903.0
Waterfront Y/N N
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General
Year Built 0
Stories Count 2
Property Subtype Com-Res Income
County San Diego
Operating Expense 42974.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Full Baths 7
Status ACTIVE
City Fallbrook
Senior Community Y/N N
Number Of Units Total 5
MLS Area North County
Lot Size Units Acres
Property Attached Y/N N
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 5.01
Freehold IDX
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 10
Total Baths 7
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* Excluded Features
List By
Corey McHenry

Listing Agent

David Santistevan

Broker

(619) 565-0179

Phone

Affordability Calculator

$10,005
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,005
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
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2026$1,625,000 -4.13% Price Down
4/17/2026$1,695,000 Listed Price

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329 N Pico Ave, Fallbrook, CA, 92028 is a Multi-Family Home for sale at $1,625,000 with 4,903 sqft. 329 N Pico Ave has 10 bedrooms and 7.0 baths. The property's zip code is 92028 which is in Fallbrook, CA