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$ 1,890,000
Est. payment | /mo
1.5 Acres Lot
$ 1,890,000
Est. payment | /mo
1.5 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240028334SD
HOA Y/N No
Lot Size 1.500 Acres
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 92084 - Vista
Zoning RM-15
Interior
Fireplace No
Exterior
Fence None
View Y/N No
Present Use Unimproved
Building
Lot Description Level
Others
Senior Community No
Tax ID 17122030
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Erik Anderson • NorthMarq Multifamily
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692