408 N Pico Avenue | Los Angeles | State of California | Prices, Plans, Availability

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408 N Pico Avenue

USD 1,400,000

Property ID: CV24029688

408 N Pico Avenue ,92028

14810 SqFt

Built in 1953

USD 95/SqFt

0 Bed

0 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

1440

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1953

Detailed Introduction Of This Home

Amazing Investment opportunity in Fallbrook! This corner property is 3 lots sold together and is zoned both Commercial and Residential. The total square footage of all 3 lots combined is 10,653 square feet. This unique property offers the new owner the ability to reposition its use to suit their needs. It has an office to effectively run a business through along with plenty of square footage to house vehicles or trucks and a duplex that is currently generating income. The office building is 640 square feet, has a hard wired sprinkler system and is alarmed with cameras. The duplex boasts 400 square feet for each unit and both units have current tenants that are month to month with a great paying history. The large property with great street access can accomodate any changes the new buyer can envision or can be used in its current condition. This asset is perfect for a cash to new loan buyer, a 1031 buyer or a cash buyer.

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