1470 Santa Fe AveVista, CA 92084

Property Details for 1470 Santa Fe Ave

Year built

1994

Lot size

0.64 AC

Property size (Sq ft)

3,140 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

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.

Location Insight

City

Vista

County

San Diego

State

California

Latitude

33.2207

Longitude

-117.245

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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