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Multifamily Development Site with Duplex
For Sale
$1,800,000

794 96 N Alda, San Marcos, CA 92069

Two-APN development parcel with an occupied duplex, suited for townhome, apartment, or single-family concepts.

Property SizeContact for details
Lot Size2.92 Acres
Days on Market67

Property Features for 794 96 N Alda

General Information

Standard status Active
Lot size 2.92 Acres
Property subtype Land
Listing Agency:
Listed By: Patricia Boultbee Wingo · License #00674642
Source: Elliman
Added: Jun 3 Changed: Aug 8 Last Checked: Jul 15 at 9:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Patricia Boultbee Wingo

Investment Insights

Based on property information with market context.

This for-sale development opportunity includes a 2.92-acre project comprised of 2 APNs. One APN currently has a duplex with tenants in place, and access or showings should not disturb occupants. The offering is positioned as a flexible site for future residential development planning, including townhomes, apartments, or single-family homes.

The property is located in San Marcos, near California State University San Marcos, Palomar College, and the Civic Center and Library. Area amenities also include Twin Oaks Golf Course, major health care facilities, and shopping and restaurants, with nearby fire and police stations providing additional local support.

For developers and housing operators, the occupied duplex creates an existing-use component within the overall assemblage, which can help inform redevelopment phasing and planning. Prospective buyers should coordinate due diligence with tenant considerations while evaluating how the site layout and APN structure may support the intended residential product type.

Key Highlights

  • 2.92‑acre development parcel consisting of 2 APNs
  • One APN includes an occupied duplex with tenants (please do not disturb)
  • Supports townhome, apartment, or single‑family development concepts

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Nail Salon Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 92069, CA

49,407
Population
15,687
Households
3.1
Avg Household Size
34
Median Age
35%
College-Educated
83%
High-School Grad
18.5 sq mi
ZIP Area
2,671
Density / Sq Mi
$93,065
Median Household Income
$41,634
Median Earnings
$2,078
Median Rent
$714,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-APN development parcel with an occupied duplex, suited for townhome, apartment, or single-family concepts.
Where is this residential land & home lot located?
The property is located at 794 96 N Alda San Marcos, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 2.92‑acre development parcel consisting of 2 APNs; One APN includes an occupied duplex with tenants (please do not disturb); Supports townhome, apartment, or single‑family development concepts
More about this property
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