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326 Plumosa Ave - Proposed 15 Townhome Project 1.05 Acres of Residential Land Offered at $1,175,000 in Vista, CA 92083

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INVESTMENT HIGHLIGHTS

  • Proposed townhome development site in Vista, CA....15 units permitted with ministerial approval
  • Income-producing single-family home on-site
  • Strong rental demand in a high-growth coastal submarket
  • Transit-oriented location near Sprinter Rail and SR-78
  • County zoning with access to sewer via City of Vista; all utilities available
  • Opportunity to leverage SB 684 or seek ministerial approval for streamlined processing

EXECUTIVE SUMMARY

Rare opportunity to develop 15 units by right on 1.05 acres of previously developed land in one of North County’s most diverse and growing submarkets. Ideally positioned just 7 miles from the coast, minutes from the Sprinter Rail transit and major employment corridors, the site offers strong appeal for residential development in a high demand market.
This transit-oriented site provides immediate access to the 78 Freeway, area retail and commercial services, while maintaining the privacy and tranquility of a quiet suburban neighborhood. The area features parks, golf courses, equestrian facilities, and botanical gardens with family-friendly amenities and strong recreation attracting long-term residents. Vista has also become one of San Diego's strongest craft beer hubs!
Take advantage of SB 684, streamlining approvals for select small-lot subdivision developments, or pursue ministerial approval for the 15-unit project significantly reducing the development timeline. Seller has submitted an application for the 15 unit project with the County of San Diego, and all plans and reports are available for review.
The two parcel property includes an existing single-family home (3BR/2BA) currently renting for $2,700/month, providing immediate income throughout the planning and approval process. All utilities are available on-site. With planning in process and an income-generating asset in place, don’t miss an ideal opportunity to secure a well-positioned property with minimized approval risk.

PROPERTY FACTS

Price $1,175,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
Total Lot Size 1.05 AC
Zoning VR-15 - 15 units/AC permitted with ministerial approval through the County of San Diego

1 LOT AVAILABLE

Lot

Price $1,175,000
Price Per AC $1,119,047.62
Lot Size 1.05 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
217-092-49
Land Assessment
$245,630
Improvements Assessment
$0
Total Assessment
$245,630
  • Listing ID: 37692823

  • Date on Market: 9/16/2025

  • Last Updated:

  • Address: 326 Plumosa Ave, Vista, CA 92083

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