$999,900For sale
408 N Pico ave
Fallbrook, CA 92028 · MLS# OC26105529
Listing courtesy of West Capital Real Estate- 2Beds
- 3Baths
- 1,440Sq Ft
- 1953Year Built
About This Home
REDUCED! HIGH-VISIBILITY CORNER!!! RESIDENTIAL DUPLEX + COMMERICIAL OFFICE. Own the entire corner. This property offers a rare chance for an owner-occupant seeking an income-producing property. 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. This is already an income-producing property. The caliber of exposure, zoning versatility, and proven income stream is nearly impossible to replicate at this price point.
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Property at a Glance: 408 N Pico ave
This mixed use property at 408 N Pico ave, Fallbrook, CA 92028 is for sale at $999,900. The home has 2 bedrooms, 3 bathrooms and 1,440 square feet of living space. It was built in 1953 and sits on a lot of 0.24 acres. That comes to about $694 per square foot. Reach out to set up a showing or ask for more details about this home.
Snapshot
- Status
- For sale
- Price
- $999,900
- Bedrooms
- 2
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Property Type
- Mixed Use
- Year Built
- 1953
- Square Feet
- 1,440
- Lot Size
- 0.24 acres
- Days on Market
- 122
- MLS #
- OC26105529
- Price per Sq Ft
- $694
- County
- San Diego
- Subdivision
- Fallbrook
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Property Details
Building
Land
Money
Rooms
Structures
Systems
Fallbrook in Fallbrook, CA
408 N Pico ave is in the Fallbrook neighborhood of Fallbrook, CA. Ask Brad & Karen Mattonen about other homes for sale in Fallbrook and what nearby homes have sold for.
Location
408 N Pico ave, Fallbrook, CA 92028 Open in Google Maps
Mortgage Calculator
Principal and interest only. Taxes, insurance and HOA dues are extra.
Brad & Karen Mattonen Can Answer Your Questions About This Home
Why Work With Brad & Karen Mattonen?
Buying a home in Fallbrook, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 18585182875 to get started. Whether 408 N Pico ave is the one or you would like to see other homes nearby, reach out any time.
Local facts
Facts and context beyond the MLS description
What the numbers say about 408 N Pico ave and the Fallbrook area around it.
Current market context
How this home compares in Fallbrook
- $694This home per sq ft
- $382Median per sq ft
- 44Homes for sale like it
- 21Average days on market
At $694 per square foot, 408 N Pico ave is priced about 82% above the $382 median for 2 bedroom homes for sale in Fallbrook now.
Nearby sold homes
Recent sold homes near this property
Homes that sold within 1.25 miles of 408 N Pico ave in the last 6 months, at a median price of $662,500.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 316 W Kalmia | Jun 23, 2026 | 2 bd · 2 ba · 1,470 sqft | $690,000 | 0.1 mi |
| 612 N Main | Jun 2, 2026 | 3 bd · 2 ba · 1,200 sqft | $660,000 | 0.1 mi |
| 641 N Main Avenue | Sep 29, 2026 | 2 bd · 1 ba · 700 sqft | $475,000 | 0.2 mi |
| 210 S Vine Street | Oct 28, 2026 | 5 bd · 3 ba · 2,618 sqft | $1,110,000 | 0.3 mi |
| 210 S. Orange | Jun 18, 2026 | 3 bd · 2 ba · 1,766 sqft | $645,000 | 0.3 mi |
| 914 N Main Avenue | May 14, 2026 | 3 bd · 2 ba · 1,466 sqft | $800,000 | 0.4 mi |
| 985 N Main | Sep 1, 2026 | 2 bd · 1 ba · 1,130 sqft | $665,000 | 0.4 mi |
| 610 Minnesota Street | Aug 28, 2026 | 4 bd · 2 ba · 854 sqft | $630,000 | 0.4 mi |
Every home is different. Ask for a full price review before you make an offer.
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