Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Vista, CAZoning
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Zoning designation
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