
522 S Pico Ave Fallbrook, CA 92028
Estimated payment $3,987/month
Highlights
- Creek or Stream View
- Den
- Bathtub with Shower
- No HOA
- Skylights
- Laundry Room
About This Home
A True Gem in the Heart of Historic Fallbrook! This one-of-a-kind 3-bedroom, 1-bathroom residential/commercial property offers the best of both worlds — live and work in the vibrant heart of Fallbrook! Ideally located within walking distance to movie theaters, shopping, restaurants, and everyday amenities. Just a block over is Main Street, the site of regular town events in the self-proclaimed "Avocado Capital of the World." This unique opportunity allows you to own and operate a business right on your property — perfect for entrepreneurs or those seeking the work-from-home lifestyle.
Also included is a charming tiny trailer home featuring 1 bedroom, 1 bathroom, and a functional kitchenette. (Not permitted — buyer to verify potential uses.) Great as a rental unit, guest space, or office. Additional highlights: Spacious storage shed On-site RV parking Private wooden fence in backyard
Leased, affordable solar panels So many possibilities in this centrally located Fallbrook property — enjoy year-round community events, the small-town charm, and the convenience of having everything just steps away. Buyers are encouraged to conduct their own due diligence and verify all aspects of the property,. Whether you're an investor or a dreamer ready to own your own home-based business, this property is packed with potential! Must See!
Listing Agent
Performance Realty Brokerage Phone: 7602650811 License #01345545 Listed on: 04/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,134
Year Built
- Built in 1949
Lot Details
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Mixed Use
- Composition Roof
Interior Spaces
- 1,206 Sq Ft Home
- 1-Story Property
- Skylights
- Den
- Creek or Stream Views
- Electric Range
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Converted Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Open Parking Space
- 1 Parking Space
- Driveway
Location
- Suburban Location
Utilities
- Central Air
- Water Heater
Community Details
- No Home Owners Association
- Fallbrook Subdivision
Listing and Financial Details
- Legal Lot and Block 8 / 27
- Tax Tract Number 567
- Assessor Parcel Number 1040620300
- $29 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 | $6,134 | $611,998 | $275,400 | $336,598 |
2024 | $6,134 | $571,200 | $265,200 | $306,000 |
2023 | $5,264 | $485,000 | $250,000 | $235,000 |
2022 | $5,266 | $485,000 | $250,000 | $235,000 |
2021 | $3,950 | $367,764 | $217,656 | $150,108 |
2020 | $3,983 | $363,994 | $215,425 | $148,569 |
2019 | $3,908 | $356,857 | $211,201 | $145,656 |
2018 | $3,773 | $349,860 | $207,060 | $142,800 |
2017 | $3,774 | $343,000 | $203,000 | $140,000 |
2016 | $1,932 | $174,459 | $103,586 | $70,873 |
2015 | $1,895 | $171,840 | $102,031 | $69,809 |
2014 | $1,860 | $168,475 | $100,033 | $68,442 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/04/2025 09/04/25 | Price Changed | $643,000 | -1.5% | $533 / Sq Ft |
08/20/2025 08/20/25 | Price Changed | $653,000 | -0.9% | $541 / Sq Ft |
08/05/2025 08/05/25 | Price Changed | $659,000 | -0.7% | $546 / Sq Ft |
07/13/2025 07/13/25 | Price Changed | $663,500 | -0.2% | $550 / Sq Ft |
06/29/2025 06/29/25 | Price Changed | $665,000 | -0.4% | $551 / Sq Ft |
06/14/2025 06/14/25 | Price Changed | $667,500 | -0.1% | $553 / Sq Ft |
06/08/2025 06/08/25 | Price Changed | $668,500 | -0.1% | $554 / Sq Ft |
04/25/2025 04/25/25 | For Sale | $668,900 | +11.5% | $555 / Sq Ft |
02/05/2024 02/05/24 | Sold | $599,999 | +0.2% | $498 / Sq Ft |
12/30/2023 12/30/23 | Pending | -- | -- | -- |
11/28/2023 11/28/23 | For Sale | $599,000 | 0.0% | $497 / Sq Ft |
09/18/2023 09/18/23 | Pending | -- | -- | -- |
09/07/2023 09/07/23 | For Sale | $599,000 | +7.0% | $497 / Sq Ft |
03/28/2023 03/28/23 | Sold | $560,000 | -2.6% | $464 / Sq Ft |
02/17/2023 02/17/23 | Pending | -- | -- | -- |
01/17/2023 01/17/23 | For Sale | $574,999 | +66.7% | $477 / Sq Ft |
09/02/2016 09/02/16 | Sold | $345,000 | 0.0% | $288 / Sq Ft |
08/18/2016 08/18/16 | Pending | -- | -- | -- |
07/20/2016 07/20/16 | For Sale | $345,000 | -- | $288 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $600,000 | Equity Title | |
Grant Deed | $560,000 | Lawyers Title | |
Grant Deed | $485,000 | Ticor Title Sd Branch | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $343,000 | Fidelity Natl Title Ins Co | |
Interfamily Deed Transfer | -- | Fidelity Natl Title Ins Co | |
Grant Deed | $160,000 | First American Title Ins Co | |
Trustee Deed | $223,923 | First American Title Ins Co | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $425,000 | Chicago Title | |
Grant Deed | $242,500 | California Title Company | |
Grant Deed | $50,000 | Chicago Title Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $619,798 | VA | |
Previous Owner | $448,000 | New Conventional | |
Previous Owner | $476,215 | New Conventional | |
Previous Owner | $270,000 | Seller Take Back | |
Previous Owner | $218,000 | Purchase Money Mortgage | |
Previous Owner | $174,000 | Unknown | |
Previous Owner | $180,000 | Small Business Administration | |
Previous Owner | $181,875 | Purchase Money Mortgage | |
Previous Owner | $35,000 | Seller Take Back |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: HD25091776

APN: 104-062-03
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