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329 N Pico Ave, 
Fallbrook, CA 92028

$1,695,000

10

Beds

6

Baths

4,903

Sq Ft

Multi-Family

Active

Listed by

Corey Mchenry

David Santistevan

Last updated:

April 27, 2026, 02:25 PM

MLS#

260007450

Source:

San Diego MLS via CRMLS

About This Home

329 N Pico Ave

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.

Home Facts

Multi-Family

6 Baths

10 Bedrooms

Price Summary

1,695,000

$345 per Sq. Ft.

MLS #:

260007450

Last Updated:

April 27, 2026, 02:25 PM

Added:

18 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

4,903 Sq. Ft.

Structure

Structure

Building Area:

4,903 Sq. Ft.

Finances & Disclosures

Finances

Price:

$1,695,000

Price per Sq. Ft:

$345 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.