2060 E Vista Way

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.

Listing information courtesy of: Erik Anderson, NorthMarq Multifamily 858-395-6935. *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.