408 N Pico ave new Save Request In-Person Tour Request Virtual Tour
Fallbrook,CA 92028
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $763
MLS Listing ID CROC25248346
Bedrooms 1
Year Built 1953
Lot Size 10,653 Sqft
Property Sub-Type OTHER
Property Description
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.
Location
State CA
County San Diego
Interior
Laundry Other
Building
Lot Description Corner Lot,Other
New Construction No