5 Unit Multifamily Investment Opportunity in Fallbrook

For Sale

329 N Pico Ave, Fallbrook, CA 92028

This Fallbrook property for sale is located at 329 N Pico Ave. The current listed sale price for 5 Unit Multifamily Investment Opportunity in Fallbrook is $1,695,000. 5 Unit Multifamily Investment Opportunity in Fallbrook is situated on a lot that is 6,894 square feet in size.

Contacts

Peter Scepanovic
Corey McHenry

Property Details

  • Property Type Other
  • Lot Size 6,894 SF
  • Parking Spaces Avail. 8
  • Year Built 1974
  • Date Updated May 17, 2026

Discover an exceptional investment opportunity at 329 N Pico Ave, a well‑maintained
multi‑family property located in the heart of historic Fallbrook. Built in 1974, this 4,903 sq.
ft. residence offers five total units, including a recently finished ADU, providing an attractive
and flexible unit mix for both seasoned investors and owner‑occupants seeking additional
rental income. The property sits on a 0.16‑acre lot in the desirable West Fallbrook area,
combining convenience, long‑term value, and strong regional rental demand

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Getting around

  • 90/100

    Walk Score ®

  • 38/100

    Bike Score ®

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Location

  • City Fallbrook, CA
  • Zip Code 92028

Points of Interest

  • Arco

    0.90 miles

  • 76

    0.92 miles

  • Mobil

    6.45 miles

  • Shell

    9.23 miles

  • Gateway Chevron

    9.35 miles

  • 7-Eleven

    9.38 miles

  • Temecula - Temecula Parkway Supercharger

    9.47 miles

  • Sinclair

    9.51 miles

  • Pala Gas Station

    9.64 miles

  • Santa Margarita County Preserve

    1.19 miles

  • Car Parking

    3.01 miles

  • Sweetgrass Lane

    6.10 miles

  • Sweetgrass Lane Park And Ride

    6.13 miles

  • Pala Road Park And Ride

    6.46 miles

  • Mainside PX Parking

    6.65 miles

  • Coffee Bean Parking

    6.73 miles

  • Bldg 2456 and Barracks Parking

    7.60 miles

  • Px Parking

    7.65 miles

  • Barracks Parking

    7.71 miles

  • Econo Lodge Inn & Suites Fallbrook Downtown

    1.44 miles

  • Rodeway Inn Fallbrook Downtown

    1.50 miles

  • "The Tiny House"

    3.47 miles

  • Quality Inn Fallbrook I-15

    6.30 miles

  • Quality Inn Fallbrook I-15 1

    6.31 miles

  • Quality Inn Fallbrook I-15 2

    6.31 miles

  • Pendleton Ward Lodge

    6.83 miles

  • Temecula Creek Inn

    9.01 miles

  • Signature

    9.37 miles

  • Home2 Suites

    9.52 miles

  • Major Market Grocery Store

    0.62 miles

  • Albertsons

    0.89 miles

  • Grocery Outlet

    1.09 miles

  • El Tigre Foods Warehouse

    1.11 miles

  • Pala Mesa Market

    6.32 miles

  • Major Marketplace

    6.40 miles

  • Mainside PX

    6.56 miles

  • 43 Area PX

    9.55 miles

  • Lopez Market

    9.74 miles

  • Target

    9.79 miles

Contact 5 Unit Multifamily Investment Opportunity in Fallbrook
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