408 Pico, Fallbrook
Fallbrook Home For Sale
Investment Opportunity in Fallbrook! Just reduced $100k! Corner property with 3 lots being sold together and are zoned Commercial and Residential. The total of contiguous lots combined is approx 14,810 sq feet (.34 acre). Use of this property could be repositioned to suit new owners needs within county guidelines. The property has been used for a successful car sales business and zoning may indicate additional apartments may be added. 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.
Property Details
Additional Information
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- City:
- Fallbrook
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- County:
- San Diego
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- Zip:
- 92028
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- MLS® #:
- NDP2402947
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- Lot Size:
- 0.00
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- HOA Dues:
- $
Price Change History for 408 Pico, Fallbrook, (MLS® #NDP2402947)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $1,398,000) | $1,298,000 | $100,000 (7.15%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 14th, 2024 at 1:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.