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Listed by Cesy Cruz • Real Broker
$995,000
Est. payment /mo
3 Beds
2 Baths
1,288 SqFt
UPDATED:
11/02/2024 11:50 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,288 sqft
Price per Sqft $772
MLS Listing ID CRNDP2409479
Bedrooms 3
Full Baths 2
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1968
Lot Size 1.800 Acres
Property Description
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!
Location
State CA
County San Diego
Interior
Heating Propane, Fireplace(s)
Cooling Central Air
Flooring Carpet
Fireplaces Type Living Room
Fireplace Yes
Laundry Laundry Room, Other
Exterior
Garage Spaces 2.0
Pool None
View Other
Handicap Access None
Parking Type Attached, Other
Private Pool false
Building
Lot Description Corner Lot
Story 1
Schools
School District Escondido Union High
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