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Listed by Steven J Shaffer • Shaffer Realty and Mortgage
$ 1,000,000
Est. payment /mo
Active
205 West Mission Road Fallbrook, CA 92028
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8N-2506672
Lot Size 10,454 Sqft
Property Description
2 Residential Lots and 1 Commercial / Retail Lot sold as a package together on well trafficked corner of W. Mission Rd. and N. Pico Ave. .24 acres total. Level / terraced and all usable. Currently there is a residential duplex and an office on the lot. Highest and Best Use would be to use for Retail or Apartments / Condos. A successful used car sales business has been run on the lot in the past. Currently the residential duplexes are rented out for $1250/mo and $1028/mo and the office would rent for $2500/mo. This is a great opportunity to build a beautiful retail strip center, restaurant, larger offices or apartments / condos on the property. The residential zoned addresses are 205 W. Mission Rd. with APN 103-131-03-00 and 219 W. Mission Rd. with APN 103-131-02-00. The commercial zoned addresses are 408-416 N. Pico Ave. with APN 103-131-04-00. Seller believes city will be cooperative with different possible uses subject to buyer's due dilligence. Great opportunity. Well priced valuing the residential lots at $125,000 each and the commerical lot at $750,000 for the $1,000,000 total. Seller is firm.
Location
State CA
County San Diego
Area 92028 - Fallbrook
Zoning 2 Residential Lots and 1 Comme
Exterior
Community Features Curbs, Gutters, Sidewalks, Street Lights, Urban
Utilities Available Underground Utilities, See Remarks, Cable Connected, Electricity Connected
View Y/N Yes
Building
Lot Description 0-1 Unit/Acre
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2506672