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  • MLS#: NDP2504938 ( )
  • Street Address: 515 Cassou Road
  • Viewed: 2
  • Price: $1,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 0
  • Days On Market: 21
  • Additional Information
  • County: SAN DIEGO
  • City: San Marcos
  • Zipcode: 92069
  • Provided by: Mylene Merlo, Broker
  • Contact: Mylene Mylene
  • California Regional MLS IDX
  • DMCA Notice
  • 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!
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Features
Additional Parcels Description
  1. 182-280-13-00 182-280-14-00 182-240-25-00
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 4227.00
Common Walls
  1. No Common Walls
Electric Expense
  1. 2400.00
Entrylevel
  1. 22
Garage Spaces
  1. 2.00
Insurance Expense
  1. 6000.00
Laundry Features
  1. In Closet
Lot Features
  1. Agricultural
Netoperatingincome
  1. 34600.00
Newtaxesexpense
  1. 0.00
Parcel Number
  1. 1822801500
Pool Features
  1. None
Sourcesystemkey
  1. 400091493:CRP
Totalactualrent
  1. 3300.00
Totalexpenses
  1. 9600.00
Trash Expense
  1. 1200.00
Uncovered Spaces
  1. 6.00
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/NDP2504938
Water Sewer Expense
  1. 0.00
Year Built
  1. 1982
Zoning
  1. R-1:SINGLE FAM-RES