Multifamily Property for Sale in Vista, CA

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Vista, CA 92083

Description

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. 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. Land Size: 1.05 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Vista, CA is listed for sale at $1,175,000. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Vista, CA — <a href="/search/sale/multifamily/california/vista">view the full market</a>.

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