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$1,695,000

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 6 days ago
See This Home
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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)

Full Property Details for 329 N Pico Ave

General

  • Price: $1,695,000
  • Status: Active
  • Type: Multi-Family
  • Source: SANDICOR
  • MLS ID: 260007450
  • Updated: 4/29/2026
  • Added to Site: 41 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 13
  • Full Bathrooms: 13

Bedrooms

  • Total Bedrooms: 10

Parking

  • Parking Features: Garages, Spaces

Location

  • Area: FALLBROOK (92028)
  • County: San Diego

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Stories/Levels: 2
  • Square Feet: 4,903
  • Living Area: 4,903 Sq. Ft.

Unit Information

  • Units in Building: 5

Financial Considerations

  • Operating Expenses: $43,725

Disclosures and Reports

  • Property ID: 103-135-14

Listed by David Santistevan (619) 994-8896, Corey McHenry

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Listing agent

— 329 N Pico Ave —

  • Corey McHenry

    David Santistevan

corey.mchenry@colliers.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 329 N Pico Ave

School Districts:Fallbrook Union High School District, Fallbrook Union Elementary School District
NameGradesDistance
William H. Frazier Elementary School
1835 Gum Tree Lane, Fallbrook, CA 92028
K-61.6 mi
James E. Potter Intermediate School
1743 Reche Road, Fallbrook, CA 92028
7-82.1 mi
Fallbrook High School
2400 South Stage Coach Lane, Fallbrook, CA 92028
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 329 N Pico Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Listed
$1,695,000
61.43%
MLS
5/21/2021
Sold
$1,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 329 N Pico Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,307
6%
$1,235,245
4%
2023
$12,594
9%
$1,187,280
11%
2022
$11,597
71%
$1,071,000
70%
2021
$6,770
-1%
$630,463
1%
2020
$6,834
2%
$623,999
2%
2019
$6,714
2%
$611,764
2%
2018
$6,612
2%
$599,769
2%
2017
$6,483
23%
$588,009
23%
2016
$5,257
5%
$480,000
4%
2015
$5,019
4%
$460,000
5%
2014
$4,807
1%
$440,000
—
2013
$4,776
—
$440,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by David Santistevan (619) 994-8896, Corey McHenry

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329 N Pico Ave, Fallbrook, CA 92028 (MLS# 260007450) is a Multi-Family property with 5 units containing 10 bedrooms and 13 full bathrooms. 329 N Pico Ave is currently listed for $1,695,000 and was received on March 26, 2026. Want to learn more about 329 N Pico Ave? Do you have questions about finding other Multi-Family real estate for sale in Fallbrook? You can browse all Fallbrook real estate or contact a Coldwell Banker agent to request more information.

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