1741 Ishihara,  Vista  (92084)

$3,900,000

0 bedrooms 0   0 bathrooms 0   37026 square feet 37,026
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Listed By: Steven Relth of Lee and Associates

PROPERTY DETAILS

Address: view address
Vista, CA 92084
Map Location
Square Feet: 37,026 sq.ft.
Lot Size:0.85 acresYear Built:2000
Property Type:LandNeighborhood:Vista
County:San DiegoList Date:2024-03-20
Listing Number:PI24056462Listed By:Lee and Associates
Listing Office:619-517-6429Days on market:48

PROPERTY DESCRIPTION

5 (almost) finished lots on Anza, all 1/2 acre or larger.Each lot can be sold separately for $950,000The city has processed one of the 5 lots for the following development:(2) homes, 2,200 square feet each(2) ADU's (upstairs + downstairs)Total 10 home + 10 ADU's on these lotsEach of the remaining 4 lots are approvable for the same exact development.Basis of value:House Rent = $5000 per month; ADU rent = $2000 per monthTotal rent for the (4) units on each lot = $14,000 per monthX 5 lots = $70,000 per month X 12 months = $840,000x.75 = 630,000 Net Operating Income5% cap rate = $12,600,000 value of 20 units total/4 on each lot

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Property and Lot Details

Has View:YesLot Acres:0.85
Lot Has City View:YesLot Number:370.00
Lot Sqft:37,026.00Public Water:Yes
Subdivision:VistaTransaction Type:Sale

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Steven Relth of Lee and Associates