Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Strategically located in North San Diego County, the property benefits from proximity to major transportation corridors including State Route 78 and Interstate 15, as well as access to public transit via the Sprinter light rail. The surrounding area offers a strong mix of educational institutions, healthcare facilities, retail centers, and cultural amenities. With its pro-growth environment, expanding population, and established infrastructure, San Marcos presents a compelling opportunity for residential investment and long-term value creation.

Property Facts

Price $2,448,918 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 1.88 AC
Zoning R-2

1 Lot Available

Lot

Price $2,448,918 CAD
Price Per AC $1,302,615.95 CAD
Lot Size 1.88 AC

794-796 N. Alda comprises two contiguous parcels totaling approximately 2.92 acres, located on Alda Drive between Vineyard Rd and Shirley Ln in the City of San Marcos, CA.

Description

794-796 N. Alda comprises two contiguous parcels totaling approximately 2.92 acres, located on Alda Drive between Vineyard Rd and Shirley Ln in the City of San Marcos, CA. One parcel (1.87 acres) includes a leased duplex generating modest income, while the second parcel (1.05 acres) is undeveloped. The property features a hillside setting with mature trees and natural vegetation, surrounded by a mix of single-family and multifamily residential communities. Zoned R-2 and designated Low Medium Density Residential (LMDR), the site allows for 8 to 12 dwelling units per acre, supporting a range of housing types including apartments, townhomes, and condominiums.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 218-160-26
  • 218-160-05
Land Assessment
$2,140,527 CAD
Improvements Assessment
$93,066 CAD
Total Assessment
$2,233,594 CAD
  • Listing ID: 40409301

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 794-796 N Alda Dr, Lake San Marcos, CA 92069

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}