1.50 acres | #240028334SD
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.
Property Details
- MLS #240028334SD
- MLS #240028334SD
- Original List Price$1,890,000
- CountySan Diego
- Property TypePurchase
- Cost1890000
- Lot DescriptionLevel
- Property SubtypeLand
- Acres1.5
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Erik Anderson (#SAND-674546)
Listing Office: NorthMarq Multifamily (#SAND-990885)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
