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408 N Pico Fallbrook, CA, 92028
$1,298,000 $100,000 Home for sale 1 bed 1,440 sqft
Investment Opportunity in Fallbrook! Just reduced $100k! 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. 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.
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Property details
1,440 sqft interior area
Property type
Home
Interior area
1,440 sqft
Land area
14,810 sqft (0.34 acres)
Price per sqft
$901/sqft
Days on Verhouse
38
Address
408 N Pico, Fallbrook, CA, 92028
City of California
Fallbrook
County
San Diego
Previous price
$1,398,000
Year Built
1953
District
Listing
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Interior Features
—
Beds
1
Laundry Features
Other
Listed by
Lynn Stadille, RE/MAX Connections
Name
Lynn Stadille
License number
00512083
Brokerage company
RE/MAX Connections
MLS #
CRNDP2402949
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Calculate your monthly payments
Mortgage
$3,986
Taxes
$0
HOA dues
$0
Mortgage
$259,600 / 20%
2.28%
30 years
Your amount
$3,986 / month
Exterior Features
—
Utilities
Other Water/Sewer
Lot details
TMK #1031310200
Lot Description
Corner Lot, Paved
Parcel nr.
1031310200
92028 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 92028
34%
Families with children
National average: 39%
23%
Non family households
48,015
Population
$95,164
Average Income
Age & gender
Median age 40 years
More info
Commute types
84% commute by car
More info
Education level
21% have high school education
More info
Number of employees
19% work in education and healthcare
More info
Vehicles available
40% have 2 vehicle
More info
Vehicles by gender
40% have 2 vehicle
More info
Housing market insights for
$749.23k
Neighborhood average
sales price*
sales price*
$778.72k
Neighborhood median
sales price*
sales price*
94
Number
of sales*
of sales*
Housing type
74% are single detacheds
More info
Rooms
35% of the houses have 4 or 5 rooms
More info
Bedrooms
66% have 2 or 3 bedrooms
More info
Owners vs Renters
67% are owners
More info
12.17 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease May 8, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 8, 2024 | Price Decrease | $1,298,000 -7.15% | 901.39 | MLS #CRNDP2402949 |
| Apr 9, 2024 | New Listing | $1,398,000 +7.7% | 970.83 | MLS #CRNDP2402949 |
| Apr 9, 2024 | New Listing | $1,398,000 | 0 | MLS #CRNDP2402947 |
| May 8, 2024 | Price Decrease | $1,298,000 -7.15% | 0 | MLS #CRNDP2402947 |
Taxes of 408 N Pico, Fallbrook, CA, 92028
PER zoning / MLS #CRNDP2402949
Zoning
PER
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Frequently Asked Questions about 408 N Pico
What is 408 N Pico?
408 N Pico, Fallbrook, CA, 92028 is a single family home located in the city of Fallbrook, California with zipcode 92028. This single family home has 1 bedroom with an interior area of 1,440 sqft.
Which year was this home built?
This home was build in 1953.
What is the full address of this Home?
408 N Pico, Fallbrook, CA, 92028.
Are grocery stores nearby?
The closest grocery stores are Major Market Grocery Store, 0.66 miles away and Albertsons, 0.93 miles away.
What is the neighborhood like?
The 92028 zip area has a population of 48,015, and 34% of the families have children. The median age is 40.4 years and 84% commute by car. The most popular housing type is "single detached" and 67% is owner.
Based on information from the bridgeMLS as of 05-16-2024. 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.
Listing last updated on: May 09, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Major Market Grocery Store, 0.66 miles away and Albertsons, 0.93 miles away.
The 92028 zip area has a population of 48,015, and 34% of the families have children. The median age is 40.4 years and 84% commute by car. The most popular housing type is "single detached" and 67% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
