Townhome Development Site in Vista, CA
Multifamily Land | 1.05 AC
Marketing description
Proposed 15 unit townhome project on 1.05 AC of improved land in unincorporated Vista, CA. Expansive views. Site is zoned VR-15 in the County of San Diego with sewer service permitted though the City of Vista. Located in a quiet suburban neighborhood with close proximity to shops and retail as well as the 78 freeway. Site is less than 1/2 mile to S. Santa Fe Avenue and less than 1 mile to the Buena Creek Trolley Station where the Sprinter Hybrid Rail connects coastal Oceanside through to Escondido. Existing 3br/2ba single family home currently rents for $2,450/month, which is below market value and on a flexible month to month lease. Call Broker for access to plans and reports.
Investment highlights
Proposed 15 unit townhome project (21,450 sf floor area) on 1.05 AC improved land in unincorporated Vista
New Townhomes selling between $850-$900k
Zoned VR-15 within the County of San Diego with sewer service permitted through the City of Vista
Less than 1 mile to Sprinter Hybrid Rail, connecting coastal Oceanside through to Escondido
Growth market with strong rental demand only seven miles from the Pacific Ocean
Quiet suburban neighborhood with close proximity to retail and the 78 Freeway
Existing 1,500 sf single family home (3br/2ba) with rental income
Call Broker for access to plans and reports
*Seller Financing Available
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