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408 N Pico, Fallbrook, CA, 92028

$1,298,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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408 N Pico, Fallbrook$1,298,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1953
MLS #NDP2402949
Lot Size0.34 Acres
StatusActive

About 408 N Pico

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.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX Connections
  • Office Email: lstadille@aol.com
  • Listing Agent: Lynn Stadille

Exterior Features

Exterior Information:

  • Private Pool: No

Virtual/3D Tour

  • Virtual Tour: 408 N Pico

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Paved
  • Lot Size: 0.34 Acres

School Info

Assigned Schools Information:

  • Fallbrook High School, Public District Grades 9-12
  • William H. Frazier Elementary School, Public District Grades KG-6
  • James E. Potter Intermediate School, Public District Grades 7-8

Other

Directions Information:

  • Directions: CORNER OF PICO AND EAST MISSION

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,298,000
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Housing Market Comparison

See how this home compares to others in Fallbrook, CA.

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Fallbrook, CA

City

Med. Sold Price

$875K

Med. Price/SqFt

$414

Avg. Days On Market

37

# of Sold Homes

49

408 N Pico vs Fallbrook

55 DAYS ON ROCKET

+18 Days

$1,298,000

+$423K More

KEY TAKEAWAY

This property is $423K more than the Median Sold Price in Fallbrook, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NDP2402949

Listing Office:

  • Office Name: RE/MAX Connections
  • Office Email: lstadille@aol.com
  • Listing Agent: Lynn Stadille

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

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Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-8294462
5
/10

  • William H. Frazier Elementary School

  • 1835 Gum Tree Ln

  • 1.64 miles

  • Public District Grades KG-6

school-card-donut-8294463
4
/10

  • James E. Potter Intermediate School

  • 1743 Reche Rd

  • 2.14 miles

  • Public District Grades 7-8

High School

school-card-donut-8294464
6
/10

  • Fallbrook High School

  • 2400 S Stage Coach Ln

  • 2.56 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,948. Typical income of Fallbrook, CA residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 408 N Pico

What is the listing price of this property?

The listing price of 408 N Pico property is $1,298,000.

What type of property is this?

The property 408 N Pico is a house located in Fallbrook, California, 92028.

Is this property for sale now?

Active Listing: 408 N Pico is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 408 N Pico are:
William H. Frazier Elementary School: GreatSchools Rating 5/10
James E. Potter Intermediate School: GreatSchools Rating 4/10
Fallbrook High School: GreatSchools Rating 6/10

Which year was this property built?

The year of construction for 408 N Pico is 1953.

Rocket Homes›California›San Diego County›Fallbrook›92028›408 N Pico

This home is located at 408 N Pico in Fallbrook, CA and zip code 92028. This home, which was built in 1953, sits on a 0.34 acre lot. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $1,298,000.

Over 22 listings were sold over their listed price in May 2024 in Fallbrook, CA. In the same period over 19 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Fallbrook, CA between April 2024 and May 2024 increased by 3.8%. In May 2024 median list price was $875,000 and the average listing age was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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