1470 Santa Fe Ave Vista, CA 92084

This exceptional 3.51-acre commercial land parcel in Vista, California, presents a significant investment opportunity. Located at 1470 S Santa Fe Ave, 92084, this property is zoned for special purpose use. The current development on the site consists of a 45-unit apartment complex, completed in 2022. These units are modern townhomes, each featuring two bedrooms, two bathrooms, a two-car garage, and modern appliances including a refrigerator, stove, dishwasher, microwave, washer/dryer, and central air conditioning. The townhomes boast spacious layouts with open-concept living areas, luxurious hard surface flooring, and a primary suite with a large dual walk-in closet. A unique aspect of this offering is the inclusion of an adjacent 0.7-acre lot, providing significant potential for expansion. This additional land could accommodate up to eight more units or provide much-needed additional parking to facilitate the conversion of existing two-bedroom units into three-bedroom units. The property's strategic location in Vista, CA, offers excellent access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial commercial land holding with existing income-producing assets and significant upside potential. The asking price for this exceptional property is $32,000,000.