Development Project

Vista, CA 92084

For Sale
(Off Mkt)

$1,753,000

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Property Description

The subject property is comprised of three parcels being sold together for $1,753,000. The first parcel (APN# 173-390-75-00) has a 1,191 sq. ft. single family home situated on a R-1 zoned lot which is approximately 22,317 sq. ft. This parcel could also be redeveloped into a larger single family home with the potential to add an ADU.

The second parcel (APN# 173-390-76-00) is a vacant lot approximately 12,743 sq. ft. which is zoned R-M 15 (multifamily, 15 units / acre), and the third parcel (APN# 173-260-02-00) is also a vacant lot approximately 44,031 sq. ft. which is zoned R-M 15 (multifamily, 15 units / acre). The two multifamily lots combine into approximately 56,774 sq. ft. which should allow for a development up to 19 units.

Taken together, these three lots also have a total of four easements that provide access to the property. Two easements from Anza Ave., and another two easements from Vista Way.

Contact Agent

Kenneth Herskind

(858) 699-4013

DRE #01872460

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Property Details

Property Type

SFR and Land

Units

SqFt

Unit Mix

Year Built

Price

Price/Unit

Price/SF

GRM

Cap Rate

$1,753,000

Property Location

Vista