Fallbrook, CA 92028 408 N PICO

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Presented By: RE/MAX Connections;
  • MLS# NDP2402949
  • 04/08/2024
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  • BedBeds • 1

Home Details

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. 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.
Presented By: RE/MAX Connections;

Interior Features for 408 N PICO

Bedrooms

Unit 1 # Bedrooms1

Bathrooms

Unit 1 # Total Baths1

General for 408 N PICO

CFD/Mello-Roos Fee0.0
Days on Market6
HOA0.0
NeighborhoodFALLBROOK
Pool Y/NN/K
Sale/RentFor Sale
SiteCorner Lot, Curbs, Sidewalks
TermsCash
Total Units2
ZoningAssessor

Exterior for 408 N PICO

Lot Size Area.25 to .5 AC
Number of Buildings2
Sewer/SepticSewer Connected

Additional Details

Price History

1527188455

First Team Client Services

Price $1,398,000
MLS#NDP2402949
List Date 04/08/2024
Property Type Multi-Family
Phone 714.964.3311
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