329 N Pico Ave, Fallbrook, CA 92028 - Photo 1 of 23, Fallbrook, CA
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$1,695,000$1,625,000Reduced $70,000

329 N Pico Ave, Fallbrook, CA 92028

David Santistevan
MLS® 260007450
10Beds
7Baths
4,903Sq Ft
0
173Days Listed

About This Property

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)

Corey McHenryDavid Santistevan619-565-0179MLS® 260007450

Property Location

Map

Property Details

Property Type
Com-Res Income
Bedrooms
10
Bathrooms
7
Building Area
4,903 Sqft
Living Area
4,903 sqft
Year Built
0
Stories
2.0
Status
Active
Days on Market
173
Cumulative Days on Market
137
Original Price
$1,695,000
MLS® Number
260007450

Location & Neighborhood

What's nearby 329 N Pico Ave, Fallbrook, CA 92028

Nearby Schools

Parks & Recreation

Local Amenities

POI data updated 4/10/2026

Price History

$1,625,000

Sep 15, 2026

$70,000

-4.1%

Original List Price

$1,695,000

Fallbrook Market Snapshot

282

Active Listings

$798K

MLS® HPI Benchmark

49

Avg Days on Market

Source: Greater San Diego Association of REALTORS® · ZIP 92028 reporting area, June 2026.

Last updated: Aug 14, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,625,000