794-96 North Alda Drive, San Marcos, CA for sale

Investment Overview

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. See brochure for full project overview.