1470 Santa Fe Ave Vista, CA 92084
- Turn key restaurants
- 3,140 SF
- 0.64 lot acres
Current Use by Public Records
- McDonald's / Breakfast Restaurant / Coffee Shop
Property Details for 1470 Santa Fe Ave
- Year built
- 1994
- Lot size
- 0.64 lot acres
- Property size
- 3,140 SF
- Zone code
- COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 161-053-16-00
- APU
- 1610531600
Description
This exceptional mixed-use investment opportunity in Vista, CA, presents a portfolio of 45 newly constructed (2022) townhomes situated on a generous 3.51-acre lot. Each unit boasts a contemporary design, featuring spacious, bright great rooms on the first floor. Modern kitchens, luxurious hard surface flooring, and expansive living areas create comfortable and stylish living spaces. Upstairs, residents enjoy two bedrooms, including a primary suite complete with a large dual walk-in closet and a private bathroom. Every townhome includes a two-car garage and a full suite of appliances: refrigerator, stove, dishwasher, microwave, washer, and dryer, along with central air conditioning. This property's strong rental income potential is further enhanced by the inclusion of an adjacent 0.7-acre lot. This additional land presents a significant upside, allowing for potential expansion with up to eight additional units or the creation of additional parking to facilitate the conversion of existing two-bedroom units into three-bedroom units. The property is priced at $32,000,000 and offers a compelling return on investment. This is a rare opportunity to acquire a high-quality, income-producing asset with significant future development potential in a desirable California location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vista
- County
- San Diego
- State
- California
- Longitude
- -117.245
- Latitude
- 33.2207
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
