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.
PropertiesMorgan Scott2024-05-10T12:24:32+00:00
Property Description
Features
: None
: None
Address Map
US
CA
SD
Vista
92084
Vista Way
2060
W118° 46' 23.7''
N33° 13' 55.6''
North County
E
RM-15
Additional Info
NorthMarq Multifamily
Additional Information
: None
Listing Information
674546
990885
ACTIVE
2024-12-12T16:58:35Z
sdmls
: N/K
1.50 Acre
$1,890,000
Listing ID #240028334
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 240028334
Price : $1,890,000
Lot Area : 1.50 Acre
Status : Active
Property Sub Type : Unimproved Land
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