Pending
Price CutPrice Drop: $75.1K (09/28)
No HOANo HOA
Sale Pending at 408 N Pico Ave, Fallbrook, CA 92028 | MLS# OC26105529 | Listing updated on 2026-10-15
Photo 1 of Sale Pending at 408 N Pico Ave, Fallbrook, CA 92028 | MLS# OC26105529 | Listing updated on 2026-10-15
Photo 2 of Sale Pending at 408 N Pico Ave, Fallbrook, CA 92028 | MLS# OC26105529 | Listing updated on 2026-10-15
Photo 3 of Sale Pending at 408 N Pico Ave, Fallbrook, CA 92028 | MLS# OC26105529 | Listing updated on 2026-10-15
Photo 4 of Sale Pending at 408 N Pico Ave, Fallbrook, CA 92028 | MLS# OC26105529 | Listing updated on 2026-10-15
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Listed by: Deanne Estrada (323) 697-6379 DRE #02143621 | West Capital Real Estate (949) 570-8981

$999,900

Monthly Est:$4,977

  • Beds Icon2 Beds
  • Beds Icon
    3 Baths
  • Beds Icon1,440sqft

408 N Pico Ave, Fallbrook, CA 92028

$4,977/moEst:

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  • Mixed Use

  • Built in 1953

  • $-- HOA

  • 10,653 sqft lot

  • $694/sq.ft

Description

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 ca
liber of exposure, zoning versatility, and proven income stream is nearly impossible to replicate at this price point.

  • Houzeo last checked: 3 minutes ago
  • Listing updated: October 15, 2026 at 6:34 pm
  • Source: California Regional MLS-CA | MLS#: OC26105529 California Regional MLS-CA

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    San Diego County

  • City

    Fallbrook

  • Neighborhood

    --

  • Year Built

    1953

  • HOA Fees

    -

  • Finished Area

    1,440 sqft

  • Lot Size

    10,653 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    OC26105529

  • MLS Status

    Pending

  • Days on Market

    73

  • Cumulative Days on Market

    122

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 3

Interior

  • Sewer

    Public Sewer

  • Cooling

    Wall Window Units

Utilities & Energy

  • Water Source

    Public

  • Pool Features

    None

  • Parking Features

    Asphalt, Driveway

  • Fireplace Features

    None

  • Laundry Features

    Outside

Other Features

  • Lot Features

    Corner Lot, Value In Land

  • Community Features

    Suburban

  • Subdivision Name

    Fallbrook

Price History

DateEventPrice

08/06/2026

Source: mls_logoCalifornia Regional MLS-CA #OC26105529

Pending

$999,900 -6.99%

$694/sqft

08/05/2026

Source: mls_logoCalifornia Regional MLS-CA #OC26105529

Listed for Sale

$1,075,000

$747/sqft

02/02/2026

Source: mls_logoCalifornia Regional MLS-CA #OC25248346

Price Decreased

$1,075,000 -2.27%

$747/sqft

10/27/2025

Source: mls_logoCalifornia Regional MLS-CA #OC25248346

Listed for Sale

$1,100,000 -21.43%

$764/sqft

02/12/2024

Source: mls_logoCalifornia Regional MLS-CA #CV24029688

Off Market

$1,400,000

$972/sqft

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 18, 2026, 01:00AM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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