858-525-5007

408 N Pico ave, Fallbrook CA 92028 | $1,075,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 10653 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 1
  • Year Built: 1953
  • MLS#: OC25248346
  • Community: 92028 - Fallbrook

Listing provided courtesy of Deanne Estrada of West Capital Real Estate. Last updated 2026-04-26 08:11:15.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.24 Acres
1 Story

David Piper​

Call or Text: 858-525-5007

DRE# 02021985