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ATTENTION INVESTORS/DEVELOPERS! This is a rare opportunity to acquire a 1.8-acre property in a prime San Marcos location. Just a block away from Costco, Walmart, and other major shopping centers, this property is ideally positioned for future development. Currently zoned R-1 (Residential Single-Family), the property offers tremendous potential for rezoning to accommodate multi-family units, making it the perfect investment for developers with vision. The lot features a 1288 sqft 3-bedroom, 2-bath home, but please note that the septic system will need to be rebuilt or replaced before the property can be occupied. The seller is specifically looking for an investor or developer who can unlock the full potential of this valuable lot and create something extraordinary in this rapidly growing neighborhood. A local contractor, that works with developers, has created a checklist of items and timeline after talking to the city and county and is available as a consultant. With the right vision, this property could become a lucrative, income-generating investment. Don't miss out on this chance to invest in a highly desirable area with great upside potential!
Property Type(s):
Single Family
| Last Updated | 11/2/2024 | Year Built | 1968 |
|---|---|---|---|
| Community | San Marcos | Garage Spaces | 2.0 |
| County | San Diego |
SCHOOLS
| School District | Escondido Union |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | San Marcos |
| FIREPLACE | Yes |
| GARAGE | Driveway, Garage, Yes |
| HEAT | Fireplace(s), Propane |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down |
| LOT | 1.8 acre(s) |
| LOT DESCRIPTION | Back Yard, Corner Lot, Front Yard |
| PARKING | Driveway,Garage |
| POOL DESCRIPTION | None |
| SEWER | Perc Test On File |
| STORIES | 1 |
| UTILITIES | Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| ZONING | R-1 |
Location
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Listed with Real Broker
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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