Property 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)

Features
Parking:
Spaces, Garages
Address Map
Country:
US
State:
CA
County:
SD
City:
Fallbrook
Zipcode:
92028
Street:
Pico Ave
Street Number:
329
Longitude:
W118° 44' 52.3''
Latitude:
N33° 23' 3.7''
Mls Area Major:
North County
Street Dir Prefix:
N
Additional Info
Office Name:
David Santistevan
Agent Name:
Corey McHenry
Additional Information
Building Size:
4903
Number Of Units Total:
5
On Market Date:
2026-03-26
Stories:
2
Listing Information
List Agent Mls Id:
677892
List Office Mls Id:
5244
Mls Status:
ACTIVE
Modification Timestamp:
2026-06-15T18:41:13Z
Originating System Name:
SDMLS
Special Listing Conditions:
N/K

Residential Income

329 N Pico Ave, Fallbrook, CA 92028

10 Bedrooms
7 Bathrooms
4,903
$1,625,000
Listing ID #260007450
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
260007450
Price :
$1,625,000
Bedrooms :
10
Bathrooms :
7
Square Footage :
4,903
Status :
Active
Full Bathrooms :
7
Property Sub Type :
Com-Res Income
Contact Agent
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