HIGH-VISIBILITY CORNER — RESIDENTIAL DUPLEX + COMMERICIAL OFFICE with MAJOR RE-DEVELOPMENT POTENTIAL. Own the entire corner. This property offers a rare chance for an owner-occupant seeking an income-producing property or an investor ready to capitalize on the site’s serious redevelopment upside. This package includes three contiguous lots, totaling 10,653 sq ft and zoned FB-V2—a mixed-use designation allowing both commercial and residential development. The property sits at a signalized hard corner, commanding maximum visibility and frontage. Currently, the property consists of a residential duplex and a commercial office building, all with clean interiors & dependable tenants offering great stability. The major upside is in the right development strategy. This already income-producing property then becomes an income-producing POWERHOUSE. The caliber of exposure, zoning versatility, and proven income stream is nearly impossible to replicate at this price point.
Fallbrook Beauty, centrally located in desirable area! 3 Units starting off with a large 5 bedroom duplex beside a 2 bedroom newly approved ADU. Sitting on over a 1/2 acre of land this property is zoned for the potential of new additions. Marble and granite counters throughout. White picket fence surrounds top unit with large yard & 2 car carport. Large windows overlooking long balcony with great view. Bottom unit has private garage with a large lot & circular driveway. 3rd Unit-ADU has it's own private fenced in yard & laundry hookups. Brand new floors with new plumbing, electrical updates and new electric water heaters installed. Solar which almost fully eliminates electric bill will be fully paid off at COE.
Fallbrook is located in California. Fallbrook, California has a population of 32,999. Fallbrook is less family-centric than the surrounding county with 29.99% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in Fallbrook, California is $73,165. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in Fallbrook is 34.5 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 13.9 inches per year, with 0 inches of snow per year.
