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$1,995,000
Est. payment /mo
4 Beds
3 Baths
2,368 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,368 sqft
Price per Sqft $842
MLS Listing ID NDP2504770
Bedrooms 4
Full Baths 3
Year Built 1982
Property Sub-Type Detached
Property Description
Unique Investment Opportunity in Twin Oaks Valley - only 10 miles inland. 4 contiguous parcels with 2 detached houses and 800 sf shed on 8.67 acres, including private road. Two houses: 515B, and 515A - appraised in October 2023 for a combined value of $2.2M! Appraisal did NOT include the 2 additional parcels. APNs 182-280-13, -14, -15, and 182-240-25. R-2 zoning. Unincorporated San Marcos - San Diego County jurisdiction. 515B was built in 1982, and currently has 4 bedrooms, 3 baths, plus a studio, with an attached 2 car garage. 515A was built in 1947, and currently has 4 bedrooms and 2 baths. Both houses and the shed have separate electric meters, and there is one 2 inch water meter at the shed. This is an opportunity for a builder to create a compound, or develop multiple properties. County zoning allows for ADU and detached workshops. Fantastic location: easy freeway access, both the 78 and 15 are less than 10 minutes away. Only 4 miles to Cal State San Marcos and Palomar College. Rare chance to build in Twin Oaks Valley!
Location
State CA
County San Diego
Zoning R-1:SINGLE
Direction Do not go to property without appointment. Agent must accompany.
Interior
Cooling Wall/Window
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 2.0
View Y/N Yes
View Mountains/Hills
Building
Story 2
Level or Stories 2
Schools
School District San Marcos Unified School Distri
Others
Tax ID 1822801500
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2504770
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Listed by Mylene Merlo Mylene Merlo, Broker