Property Detail
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.
Map Location
Listing provided courtesy of Erik Anderson of NorthMarq Multifamily. Last updated 2024-12-13 10:17:43.000000. Listing information © 2024 PACIFICSOTHEBYSFULLSANDICORCOMBINED.
CA DRE # 01450729
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