Property Detail

329 Pico Ave

Fallbrook CA 92028

$1,625,000

Status: Active

Property Details

Description

PRICE REDUCTION! Highly renovated 5-Plex right next to vibrant downtown Fallbrook, CA (North County San Diego). 4 of 5 units have been substantially renovated, along with the exterior of the property. Units are all rented at artificially low rents, giving a new owner an opportunity to increase rents with ease. Fallbrook has one of the lowest vacancy rates in all of San Diego County (2.9% - Costar). The property has an ideal unit mix of: 1 large 3BR/2.5BA TH (potential owner's unit), 3 - large 2BR/1BA's & 1 - 1BR/1BA. 8 off-street parking spaces & 2 garages. (10 total bedrooms and 6.5 bathrooms)

Map Location

Listing provided courtesy of Corey McHenry of David Santistevan. Last updated 2026-06-16 08:23:24.000000. Listing information © 2025 CRMLS.

Quinten Sharp

Quinten Sharp

DRE# 00973844
Inquire Now
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 6:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM https://static.royacdn.com/Site-39e808ae-cec3-4f41-bdc3-b18486385755/assets/QSharp.jpg Broker # # # https://static.royacdn.com/Site-39e808ae-cec3-4f41-bdc3-b18486385755/assets/QSharp.jpg