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$500,000
Est. payment /mo
0.58 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2503754
Lot Size 0.580 Acres
Property Sub-Type Lots/Land
Property Type Lots/Land
Property Description
Versatile Development Opportunity Four-Lot Subdivision or SB9 Income Property Potential Discover a prime development opportunity nestled in a tranquil residential enclave of North Escondido. This expansive 0.58-acre parcel (APN: 226-130-52-00) offers two highly valuable paths for developers, builders, and investors: subdivide into four single-family residential lots or utilize California SB9 to build up to six income-producing units. Option 1: Four Single-Family Home Lots Take advantage of the RS zoning and VR-7.3 General Plan designation to subdivide the property into four legal lots, each with the potential to accommodate a custom or spec-built single-family residence. With utilities at the street and a favorable topography, this is an ideal infill project for builders seeking immediate upside in a high-demand area. Option 2: SB9 Multi-Unit Development Alternatively, maximize density and rental income through California Senate Bill 9: Split the parcel into two legal lots Construct up to three units per lot (main residence + ADU + junior ADU) Deliver up to six total income-generating units This option provides the perfect framework for a build-to-rent community, co-housing, or flexible multi-family configuration while maintaining a residential scale. Property Highlights: Lot Size: 0.58 Acres Zoning: RS (Residential Single); General Plan: VR-7.3 Minimum Lot Size for Subdivision: 6,000 SF Utilities: Water & sewer available (Vallecitos Water District) Initial-Study Report Topography: Gently sloped with elevated terrain offering view potential Location: Minutes to Twin Oaks G
Location
State CA
County San Diego
Direction Just left off of Rock Springs Road from Bennett Ave or right off of Rock Springs Road from Nordahl Road.
Interior
Fireplace No
Exterior
Utilities Available Below Ground, Cable TV, Electric, Natural Gas, Other/Remarks
View Y/N No
Others
Senior Community No
Tax ID 2261305200
Acceptable Financing Cash, Seller May Carry
Listing Terms Cash, Seller May Carry
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Listed by Tim Lopez Tim Lopez, Broker
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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