Seller accepting back up offers. 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!
DAYS ON MARKET
|
32
|
LAST UPDATED
|
11/2/2024
|
YEAR BUILT
|
1968
|
COMMUNITY
|
San Marcos
|
GARAGE SPACES
|
2.0
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
School District |
Escondido Union |
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 |
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Listed with Real Broker
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 10:04 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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