2060 E Vista Way
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2060 E Vista Way
1.5 Acres of Residential Land Offered at £1,480,437 in Vista, CA 92084
Executive Summary
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 28-30 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.
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 28-30 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 Facts
| Price | £1,480,437 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Development Sale | Total Lot Size | 1.50 AC |
| No. Lots | 1 |
| Price | £1,480,437 |
| Sale Type | Investment |
| Sale Conditions | Development Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.50 AC |
1 Lot Available
Lot
| Price | £1,480,437 | Lot Size | 1.50 AC |
| Price Per AC | £986,958 |
| Price | £1,480,437 |
| Price Per AC | £986,958 |
| Lot Size | 1.50 AC |
Vacant land of 1.50 acres zoned for a base density of 15 unit to the acre. For-sale townhome or multifamily are the highest & best uses.
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PROPERTY TAXES
| Parcel Number | 171-220-30 | Improvements Assessment | £0 |
| Land Assessment | £976,873 | Total Assessment | £976,873 |
PROPERTY TAXES
Parcel Number
171-220-30
Land Assessment
£976,873
Improvements Assessment
£0
Total Assessment
£976,873
zoning
| Zoning Code | RM (15) |
| RM (15) |
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2060 E Vista Way
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