329 N Pico Ave Fallbrook, CA 92028
Estimated payment $9,886/month
About This Home
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)
Property Details
Home Type
- Multi-Family
Home Design
Interior Spaces
- 10 Bedrooms
- 4,903 Sq Ft Home
- 2-Story Property
Parking
- Garage
- Parking Available
Community Details
- 5 Units
- Operating Expense $42,974
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,307 | $1,235,245 | $595,337 | $639,908 |
| 2024 | $12,992 | $1,211,025 | $583,664 | $627,361 |
| 2023 | $12,594 | $1,187,280 | $572,220 | $615,060 |
| 2022 | $11,597 | $1,071,000 | $561,000 | $510,000 |
| 2021 | $6,770 | $630,463 | $236,423 | $394,040 |
| 2020 | $6,834 | $623,999 | $233,999 | $390,000 |
| 2019 | $6,714 | $611,764 | $229,411 | $382,353 |
| 2018 | $6,612 | $599,769 | $224,913 | $374,856 |
| 2017 | $6,483 | $588,009 | $220,503 | $367,506 |
| 2016 | $5,257 | $480,000 | $179,000 | $301,000 |
| 2015 | $5,019 | $460,000 | $172,000 | $288,000 |
| 2014 | $4,807 | $440,000 | $165,000 | $275,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2026 06/11/26 | Price Changed | $1,625,000 | -4.1% | $331 / Sq Ft |
| 03/26/2026 03/26/26 | For Sale | $1,695,000 | -- | $346 / Sq Ft |
Source: San Diego MLS
MLS Number: 260007450
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