This exceptional investment opportunity presents two contiguous C-1 zoned properties in Vista, CA, totaling nearly 0.75 acres (38,000 sq ft) with 150 feet of frontage on Highway 78. Currently operating as a two-unit apartment building (2,600 sq ft total), each unit priced at $1,250,000, the property offers significant upside potential. The properties boast a concrete driveway, ample parking, and all utilities are connected. The high-traffic location (estimated 110,000 vehicles daily on Highway 78) makes it ideal for a variety of commercial uses, including but not limited to: bank, business college, retail store, laundromat, beauty salon, health club, hotel, post office, professional offices, pet shop, or trade shops. The current residential use is non-conforming to the C-1 zoning. A significant advantage is the Vista General Plan Update proposing a Mixed-Use zoning designation (21-45 dwellings per acre), opening doors for substantial redevelopment. This could involve developing a minimum of 21 residential units (studios, one-bedroom, and two-bedroom) alongside 5-7 ground-floor shops, potentially generating $800,000 in annual gross revenue. Further expansion is possible by acquiring an adjacent 15,000 sq ft lot, potentially allowing for up to 60 units and additional street access. A fully developed project could be valued at $30-40 million. The properties are sold "as is". The asking price for both properties is $2,500,000. All information is approximate and should be independently verified.
Highlights
Two contiguous C-1 zoned properties totaling 0.75 acres (38,000 sq ft) in Vista, CA, with 150 feet of Highway 78 frontage.
Currently improved with a two-unit, 2,600 sq ft apartment building, each unit priced at $1,250,000.
High-traffic location on Highway 78 (approx. 110,000 vehicles daily), suitable for various commercial uses.
Vista General Plan Update proposes Mixed-Use zoning (21-45 dwellings per acre), allowing for substantial redevelopment.
Asking price: $2,500,000.
Property Details
for 1335 Vista Way
Property type
Apartment buildings
Square Feet
2,600 SF
Class
C
Units
2
Location Insight
City
Vista
County
San Diego
State
California
Latitude
33.1929252
Longitude
-117.2702065
1335 Vista Way, Vista, California
Nearby Similar for Sale
For Sale
$3,395,000
Vista Apartment Complex: 10 Units
Value-add multifamily investment opportunity in Vista, CA.
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Contacts
Fabio Marchi
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1335 Vista Way, Vista, California, 92083
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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1335 Vista Way
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