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UPDATED:
12/12/2024 04:38 PM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240028334
HOA Y/N No
Acres 1.5
Property Description
Seller may carry financing. Submit all offers. 2060 E Vista Way is an opportunity to purchase a 1.50-acre site in Vista, CA, zoned for a base density of 15 units to the acre. The site is ideal for townhome development and after a density bonus could support 32+ townhomes. Comparable sales for townhomes in Vista average $742,000 for product newer than 2010 with an average price per square foot of $479. Directly across Vista Way is the housing project Serra, where recent comps average $850-875k. There are current entitlements on the site for 21, 2-bedroom townhomes for rent, but the seller would be willing to seller finance the purchase to allow a developer time to re-entitle to a higher density, for-sale project. Please contact the broker for diligence and a full offering memorandum.
Location
State CA
County San Diego
Area Vista (92084)
Zoning RM-15
Building
Lot Size Range 1+ to 2 AC
Others
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Erik M Anderson • NorthMarq Multifamily
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
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