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2060 E Vista Way
Vista, CA 92084
Land For Sale · 1.50 AC

Executive Summary

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, multifamily, or single-family residential development and after a density bonus could support 44 units. Comparable sales for townhomes in Vista average $742,000 for product newer than 2010 with an average price per square foot of $550+. Directly across Vista Way is the housing project Serra, where recent comps average $850-875k.
The site is shovel ready pending the posting of bonds on the site for 21, 2-bedroom townhomes, however, there is a conceptual site plan for 32-townhomes that a buyer could utilize as well.
Please contact the broker for diligence and a full offering memorandum.

Property Facts Under Contract

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Hold For Development
  • Planned Unit Development
  • Single Family Development
Total Lot Size 1.50 AC
Zoning RM (15)

1 Lot Available

Lot

Price $1,795,000
Price Per AC $1,196,666.67
Lot Size 1.50 AC

Vacant land of 1.50 acres zoned for a base density of 15 unit to the acre - state density bonus laws could support upwards of 44 units.

Property Taxes

Property Taxes

Parcel Number
171-220-30
Land Assessment
$1,273,449
Improvements Assessment
$0
Total Assessment
$1,273,449
  • Listing ID: 32788620

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 2060 E Vista Way, Vista, CA 92084

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