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Renovated Five-Unit Apartment Building

329 N Pico Ave Fallbrook, CA 92028

329 N Pico Ave, Fallbrook, CA, 92028
$1,695,000
For Sale
$1,695,000

Renovated five-plex with four substantially renovated units, plus exterior updates and 10 total bedrooms.

Days on Market114

Property Features for 329 N Pico Ave

General Information

Standard status
Active
Listing agency David Santistevan
Listed by Corey McHenry
Source Exprealty
Added: Mar 30 Updated: Jul 21 at 6:30PM Checked: Jul 21 at 6:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of David Santistevan


Investment Insights

Based on property information with market context.

Highly renovated five-unit apartment building located next to vibrant downtown Fallbrook. Four of the five units have been substantially renovated, along with exterior improvements to the property.

The building features an ideal unit mix, including one large 3BR/2.5BA townhome-style unit with owner-occupant potential, plus three large 2BR/1BA units and one 1BR/1BA unit. Across the property there are 10 total bedrooms and 6.5 bathrooms.

Parking is supported by 8 off-street spaces and 2 garages, for 10 total parking spaces. The property is currently fully rented, with the public remarks noting below-market rents in-place for the units.

Key Highlights

  • Renovated 5‑plex next to downtown Fallbrook, CA (North County San Diego)
  • 4 of 5 units have been substantially renovated, along with exterior updates
  • Unit mix: 1 large 3BR/2.5BA townhome (potential owner's unit), 3 large 2BR/1BA units, and 1 1BR/1BA unit

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Catering Service Kitchen & Bath Showroom Travel Agency Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Renovated five-plex with four substantially renovated units, plus exterior updates and 10 total bedrooms.
Where is this apartment building located?
The property is located at 329 N Pico Ave Fallbrook, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Renovated 5‑plex next to downtown Fallbrook, CA (North County San Diego); 4 of 5 units have been substantially renovated, along with exterior updates; Unit mix: 1 large 3BR/2.5BA townhome (potential owner's unit), 3 large 2BR/1BA units, and 1 1BR/1BA unit
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