408 N  Pico Ave, Fallbrook, CA 92028
FOR SALE0.34 ACRES
Listed by Lynn Stadille, RE/MAX Connections, (760) 731-2900

408 N Pico Ave
Fallbrook, CA 92028

  • 1 Bed
  • 1 Bath
  • 1,440 sqft (on 0.34 acres)
  • 1 Bed
  • 1 Bath
  • 1,440 sqft (on 0.34 acres)

$1,398,000

Est. Mortgage $8,954/mo*

Local Information

map showing home location
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Commute Destination

Description

Investment Opportunity in Fallbrook! Corner property with 3 lots together and is zoned both Commercial and Residential. The total of contiguous lots combined is 10,653 sq feet/ .34 acre approx. Use of this property could be repositioned to suit new owners needs within county guidelines. One structure is an office building with hard-wired sprinkler system and security cameras, and is approx 640 sq feet. The second building is a duplex that is currently rented month-to-month to lng-standing tenants with a great paying history. Each duplex unit is approx 400 sq ft. One is rented for $1,250 per month and one is rented for $935 per month. This asset has high street visibility at the North end of town within walking distance to the heart of town, and may be suitable to a cash buyer, cash to new loan or a 1031 exchange property. Expenses are not shown in MLS, but will be shown to serious buyers only. All above remark info is per seller- buyer to verify.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$971
Listed
19 days ago

Home Details for 408 N Pico Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Bedroom 1
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1
Appliances & Utilities
Laundry: Outside
Heating & Cooling
No CoolingNo Heating
Fireplace & Spa
No FireplaceNo Spa
Windows, Doors, Floors & Walls
Common Walls: 1 Common Wall, No One Above
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Entry Location: FRONT
View
No View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Sewer Paid

Days on Market

Days on Market: 19

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Attached To Another StructureHas Additional Parcels
Property Information
Parcel Number: 1031310200Additional Parcels Description: 103-131-03-00 and 103-131-04-00

Price & Status

Price
List Price: $1,398,000Price Per Sqft: $971

Active Status

MLS Status: Active

Location

Direction & Address
City: Fallbrook

Agent Information

Listing Agent
Listing ID: NDP2402949

Building

Building Area
Building Area: 1440 Square Feet

Community

Community Features: Curbs, Sidewalks, Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLS (North San Diego County & Pacific Southwest AORs)No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.34 acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.25Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Has Rent Control

Miscellaneous

Mls Number: NDP2402949Attribution Contact: lstadille@aol.com

Additional Information

CurbsSidewalksStreet Lights
Last check for updates: about 22 hours ago
Listing Provided by: Lynn Stadille DRE #00512083
RE/MAX Connections
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Source: CRMLS, MLS#NDP2402949

Price History for 408 N Pico Ave

DatePriceEventSource
04/10/2024$1,398,000Listed For SaleCRMLS #NDP2402949
04/03/2024$1,400,000ListingRemovedCRMLS #CV24057049
03/21/2024$1,400,000Listed For SaleCRMLS #CV24057049
03/03/2014$475,000ListingRemovedAgent Provided
10/06/2013$475,000Listed For SaleAgent Provided

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Comparable Sales for 408 N Pico Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
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$591,000
02/13/24
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2,890
0.86
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$1,095,000
06/21/23
6
5
2,880
2.56
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$953,000
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4
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2,100
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Multi-Family Home
$855,000
01/26/24
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4.79
Multi-Family Home
$1,300,000
09/28/23
-
4,100

What Locals Say about Fallbrook

  • Bren.nunez
    "Friendly neighborhood. Quiet neighborhood. Great place to live as a transition to a house. Condos are quiet. "
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  • Trulia User
    "Quiet and clean. Feels good to come he to friendly neighbors and love that outdoorsy feel. "
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  • Daveandmonique
    "Avocado Festival, summer nights, fall hoedown and Christmas Parade are some area specific seasonal events in Fallbrook.events"
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  • Moy R.
    "Small streets can’t handle amount of cars in the roads every single day of the week. It is very annoying to drive around this town even during the week. "
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  • Jordis F.
    "Quaint rural community with friendly folk. Fallbrook has unique topography and lots of trees, and nice outdoor activities."
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  • Eric
    "The commute is longer than where I lived previously but that was a trade off for other things the area had to offer"
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  • Jordis F.
    "I work remotely but close access to the 15 and 76. About ten minutes to the 15 and 76, and 30 minutes to the 5"
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  • Harnackeb
    "I’ve lived in this super quiet neighborhood for seven years with an amazing view and amazing friendly neighbors who always look out after another. Great community!"
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  • Stephanie R.
    "Not a lot of walking areas in my neighborhood but some parks and community areas are available which is nice "
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  • Rodrigo G.
    "I bought a new house at Horse Creek Ridge last year, and I love it. really nice and save neighborhood with lots of parks, walking trails and an sport park. "
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  • Jordis F.
    "We have a number of Halloween events that are safe and fun for the kids. We also have other annual events like the Avocado Festival and Art Faire."
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  • William R.
    "People decorate their homes for holidays. Neighborhood still developing and should bring future events."
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  • Kristin K.
    "That we are all very friendly and we all help each other out when it is needed. Can’t ask for better neighbors "
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  • Sonja S.
    "People are very friendly. It’s such a tranquil place to live. Central to everything with a small town feel. Love it "
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  • Nancy C.
    "I see people walking with their dogs all the time. I see people exercising and going to public events. I like Fallbrook's vibe. "
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  • Pcrazyfeet
    " I no loner if I did, I would be going north in the morning against traffic, so it would be 15-20 commute"
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  • B1ack
    "That everyone tries to keep pets safe. If a dog gets out, most try to find the owners. There is also a community app to post information so everyone knows what’s going on around us."
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  • Pcrazyfeet
    "Very rural. No public transportation. No malls, just a couple of markets. Nice restaurants. No hospital"
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  • Gonza190
    "Small town. Everyone knows when you fart. Gossip girl kinda town. Schools suck, fact check me on this one. It’s true schools suck look at scores "
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  • Funkyones
    "Rural area & lots of country to spread out‼️‼️ Nice homes & small town atmosphere👍👍 Lots of GREAT SCHOOLS & Football on Fridays night is the place to be.. Stay in Fallbrook to shop or travel a half an hour on Freeway North or South (City Trip) & find what ur looking for.. "
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  • Jesus P.
    "Friendly small town. Not topical or California. Lots of vegetation compared to the surrounding cities. Country living feeling, with lots of ranch style homes."
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  • Tyhawthorne6
    "There’s no yard in the apartments by the gate to get on base so you you have to take your dog somewhere to Poo but it’s a lovely area "
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  • Kpaintermeyers
    "Convenient to the 15 freeway, short commute to Camp Pendleton. Easy option to take the old hwy 395 when the 15 backs up at commute time. "
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  • Jolene
    "I moved here 2 years ago and it is my new home. Private and friendly. Family oriented with a lot of community events."
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  • Brittanygraves10
    "Unsafe, unkept, no local police. Only Sheriff. A lot of unkept areas and a lot of burglaries at homes."
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  • J
    "It is a great neighborhood, close to parks, and schools. The culture is unique with art shows, and festivals in the summer."
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  • Fmom411
    "Great small town community near very large metros. Close enough to big box stores but also quaint with everything needed in town. People that love her, LOVE living here so pride in the town is high. Great restaurants! "
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  • Osorah
    "I been leaving here for 5 years and is nice to be around. people is friendly here. very convenient and very lovely place "
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  • Dawn
    "no off leash areas are a point of contention. no off leash allowed, but some do anyway and create tension. need dog park area for them. "
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LGBTQ Local Legal Protections

Lynn Stadille, RE/MAX Connections
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
408 N Pico Ave, Fallbrook, CA 92028 is a 1 bedroom, 1 bathroom, 1,440 sqft multi-family built in 1953. This property is currently available for sale and was listed by CRMLS on Apr 10, 2024. The MLS # for this home is MLS# NDP2402949.