Financial
Distress signals
Property profile

329 Pico Ave A Fallbrook, CA 92028

OFF-MARKET
Other apartment buildings
Property ID
US09-9914931
4,903 SF 0.16 ac lot Built 1989
Last sale Jun 2021 · $1,050,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This is a five-unit apartment building in Fallbrook, located next to the downtown area. The property includes four units that have undergone substantial interior renovations, along with exterior improvements. Unit configuration consists of one large townhome-style unit with 3 bedrooms and 2.5 bathrooms, three units with 2 bedrooms and 1 bathroom each, and one unit with 1 bedroom and 1 bathroom. In total, the building provides 10 bedrooms and 6.5 bathrooms. Parking is provided via 8 off-street spaces plus 2 garages, for 10 parking spaces total.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$1.21M
Assessed land$584k
Assessed improvement$627k
Effective rate1.07%

Value estimate

· Sep 2026
$995k
$896k – $1.09M
AI approach$1.01M
CAP approach$1.26M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$315/SF
County average, outlier-cleaned · 2072 recorded sales of this use type
Observed band · Q1–Q3$154 – $490
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-3:RESTRICTED MULTIPLE
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.8
Kitchen & Bath12.9
Pharmacy12.8

Location

329 Pico Ave, Unit A Fallbrook, CA 92028-1948
County assessor Recorded deeds · 11 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1149 Alturas, Fallbrook, CA 92028-6111 $1,205,000 Jul 2025 4,032 SF
127 Kalmia, Fallbrook, CA 92028-1963 $1,165,000 Jun 2024 4,004 SF
235 Kalmia, Fallbrook, CA 92028-1969 $1,475,000 Aug 2021 5,472 SF
470 Ammunition, Fallbrook, CA 92028-3213 $780,000 Jul 2021 4,184 SF
1210 Vine, Fallbrook, CA 92028-3342 $735,000 Jan 2021 4,500 SF
514 Vine, Fallbrook, CA 92028-2176 $1,752,500 May 2019 4,570 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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