408 N Pico Ave Fallbrook, CA 92028

$255,000 Sold Price as of 06/27/2014

2 Beds
2 Baths
1,440 Sq.Ft.

Off Market

$255,000 Sold Price as of 06/27/2014 Refinance Your Mortgage

Property Overview: 408 N Pico Ave Fallbrook, CA has 2 bedrooms, 2 bathrooms, 1,440 living square feet and 6,714 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

408 N Pico Ave is currently an off market home in the city of Fallbrook. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Fallbrook has a median list price of $999,000. The median price per/sqft for Fallbrook is $425. With those numbers in mind, if you are looking to purchase a median priced home in Fallbrook, CA and put 20% down you will need to save up $199,800 for the down payment and will need roughly $19,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Fallbrook the commission could be as much as $42,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Fallbrook Agent

Sale History for 408 N Pico Ave

Last sold for $255,000 on June 27th, 2014

April, 2024
Apr 3, 2024

Date

Expired

CRMLS: CV24057049

$1,400,000

Price
Mar 21, 2024

Date

Active

CRMLS: CV24057049

$1,400,000

Price
Listing provided courtesy of CRMLS

Amazing Investment opportunity in Fallbrook! This corner property is 3 lots sold together and is zoned both Residential and Commercial. The total square footage of all 3 lots combined is 10,653 square feet. This unique property offers the new owner the ability to reposition its use to suit their needs. It can accomodate an apartment complex, more rental units or a large commercial building. It currently has an office to effectively run a business through along with plenty of square footage to house vehicles or trucks and a duplex that is currently generating income. The office building is 640 square feet, has a hard wired sprinkler system and is alarmed with cameras. The duplex boasts 400 square feet for each unit and both units have current tenants that are month to month with a great paying history. Currently one duplex is renting for $1,250 and the second unit for $935. Both of these rents have not been increased in awhile and have long standing tenants. The large property with great street access can accomodate any changes the new buyer can envision or can be used in its current condition. This asset is perfect for a cash to new loan buyer, a 1031 buyer or a cash buyer. Please note that this property is zoned FB-V2. If a buyer wishes to build on the property these changes can be made: 1) The Floor Area ratio of the building being built may not exceed 1.5 times the net square footage of the lot. 2) Buildings shall have a maximum height of 35 feet. 3) Main Building setbacks on front, side interior, side exterior and rear are 0 feet from lot line.

Continue Reading
April, 2024
Apr 3, 2024

Date

Expired

CRMLS: CV24029688

$1,400,000

Price
Feb 12, 2024

Date

Active

CRMLS: CV24029688

$1,400,000

Price
Listing provided courtesy of CRMLS

Amazing Investment opportunity in Fallbrook! This corner property is 3 lots sold together and is zoned both Commercial and Residential. The total square footage of all 3 lots combined is 10,653 square feet. This unique property offers the new owner the ability to reposition its use to suit their needs. It has an office to effectively run a business through along with plenty of square footage to house vehicles or trucks and a duplex that is currently generating income. The office building is 640 square feet, has a hard wired sprinkler system and is alarmed with cameras. The duplex boasts 400 square feet for each unit and both units have current tenants that are month to month with a great paying history. The large property with great street access can accomodate any changes the new buyer can envision or can be used in its current condition. This asset is perfect for a cash to new loan buyer, a 1031 buyer or a cash buyer. Please note that this property is zoned FB-V2. If a buyer wishes to build on the property these changes can be made: 1) The Floor Area ratio of the building being built may not exceed 1.5 times the net square footage of the lot. 2) Buildings shall have a maximum height of 35 feet. 3) Main Building setbacks on front, side interior, side exterior and rear are 0 feet from lot line.

Continue Reading
August, 2019
Aug 27, 2019

Date

Expired

CRMLS: 130053659

--

Price
Listing provided courtesy of CRMLS

Three (3) lots for this price. One lot has a duplex on it, the other two are empty lots adjacent to the duplex. The duplex is in great condition. Owner has done a great job maintaining the property. Both units have a large backyard and ample parking. This property is on the corner of Pico and Mission and close to the village. The zoning is V-2. Think of the possibilities. Buyer and buyer's agent to verify all including what can be built on the lots before close of escrow. Zoning is V-2 in the Village of Fallbrook. Neighborhoods: Fallbrook Village Other Fees: 0 Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit 1 Parking Spaces: 2 Unit 2 Parking Spaces: 2 Number of Furnished Units: 0

Continue Reading
August, 2019
Aug 24, 2019

Date

Sold

CRMLS: 140015514

$255,000

Price
Listing provided courtesy of CRMLS

Appraiser see confidential remarks. THREE LOTS!! Duplex on one lot, two attached vacant lots on the corner of Pico and Mission. Zoned V-2. Think of the possibilities. Busy corner for a new business. The duplex is in good shape and can bring income while deciding what to do with the commercial development of the lot. The future is bright with this property. The duplex is in good shape. It will rent well. Tenant in unit A has rented that unit for 18 years. Neighborhoods: Fallbrook Village Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: A Unit # for Unit 2: B Unit 1 Parking Spaces: 1 Unit 2 Parking Spaces: 1 Number of Furnished Units: 0

Continue Reading
June, 2014
Jun 27, 2014

Date

Sold (Public Records)

Public Records

$255,000

Price

Tax History for 408 N Pico Ave

Assessed Value (2020): $349,495

Year	Land Value	Improved Value	Assessed Value
2020	$201,758	$147,737	$349,495

About 408 N Pico Ave

Detailed summary of property

408 N Pico Ave is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Fallbrook, CA 92028 and last sold on June 27, 2014 for $255,000. This property has 2 bedrooms, 2 bathrooms, roughly 1,440 living square feet, and sits on an approximately 6,714 square foot lot. Homes in Fallbrook are selling for a median price of $850,000 and a median price per square foot of $446. Based on Ardent Real Estate Group's Fallbrook Market Data, this home is sold 70% lower than the current median priced home. 408 N Pico Ave was last sold on June 27, 2014 for $255,000. The average home in Fallbrook, CA is selling in 79 days. There are currently 178 homes for sale in the Fallbrook real estate market and 167 of them are single family homes while 10 of them are condos and 1 are townhomes. If you are the homeowner and looking to sell the home at 408 N Pico Ave Fallbrook, CA 92028 contact Ardent Real Estate Group and we will put you in touch with one of our Fallbrook agents.

Public Facts for 408 N Pico Ave

Public county record property details

Beds: 2
Baths: 2
Year built: 1953
Sq. Ft.: 1,440
Lot Size: 6,714
Stories: --

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: San Diego
Lot#: 4
APN: 103-131-04-00

The source for these homes facts are from public records.

92028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$999,000

Median List Price/Sq.Ft.

$425

Median Sold Price

$850,000

Median Sold Price/Sq.Ft.

$446

Total Inventory

178

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (44.23%), FHA (7.69%), VA (21.15%), Cash (23.08%), Other (3.85%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote