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Financial
Distress signals
Property profile

408 Pico Ave 16 Fallbrook, CA 92028

OFF-MARKET
Retail space
Property ID
US09-9921897
1,440 SF 0.15 ac lot Built 1953
Last sale Jun 2014 · $255,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address.
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Property summary

AI-generated overview

The property at 408 N Pico Ave in Fallbrook is a mixed-use corner site consisting of a residential duplex and a commercial office building. It is located on a signalized hard-corner and has frontage intended to support street visibility. The site includes three contiguous lots totaling 10,653 square feet. Interiors are described as clean, and the property’s existing setup provides an on-site residential and commercial component. The property is zoned FB-V2-a, a mixed-use designation that…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$375k
Assessed land$216k
Assessed improvement$158k
Effective rate1.08%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$325k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$229/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$142 – $347
Qualifying comparables4

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?
RESTRICTED COMMERCIAL
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service8.6
Kitchen & Bath8.2
Locksmith8.0

Location

408 Pico Ave, Unit 16 Fallbrook, CA 92028-1949
County assessor Recorded deeds · 5 transfers 4 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
312 Main, Fallbrook, CA 92028-2938 $750,000 Aug 2024 1,117 SF
2294 Winter Hvn, Fallbrook, CA 92028-9036 $1,074,500 May 2024 2,140 SF
337 Msn, Fallbrook, CA 92028-2149 $112,000 Feb 2024 1,634 SF
127 Elder, Fallbrook, CA 92028-2853 $450,000 Jan 2024 2,668 SF
764 Msn, Fallbrook, CA 92028-2215 $1,450,000 Jun 2023 1,200 SF
838 Msn, Fallbrook, CA 92028-2245 $400,000 Dec 2022 2,465 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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