915 Valley Dr, Vista, CA 92084
2 Unit Apartment Building Offered at $1,495,000 in Vista, CA 92084
For Sale
Active
Asking Price $1,495,000
- Property Type
-
Multifamily
- Square Feet
- 3,096 SF
Listing Contacts
Sean Bascom
- Property Info
Property Overview
Valley Drive represents a fantastic opportunity to purchase a newly renovated home and ADU with existing cashflows and significant development potential. Perched atop the 3 AC gently sloped hillside lot sits a 4Bed/3.5Bath home with an exquisite top to bottom remodel, large open floor plan, well-appointed master suite, pool, three car garage and numerous decks to enjoy the expansive views of the surrounding area. Host in-laws, friends or enjoy cashflows with the adjacent, turnkey, and detached 1Bed/1Bath ADU.
SIGNIFICANT UPSIDE for the investor/builder interested in completing the lot split. The current owner has invested over $50,000 to add three additional lots ranging from .5 to 1 AC in size. Current zoning should allow for the construction of a single-family home, ADU and JADU upon each lot. An increased unit count through use of SB-9 could allow up to four total units on each site. A tentative parcel map, topo, grading and more is available to review for serious Buyers. This area of Vista commands premium pricing for well-appointed homes on .5AC or larger lots and ADUs. Recent comparable sales are trading upwards of $600/SF.
Vista, California, is a thriving city located in northern San Diego County. Nestled in the rolling hills and valleys of Southern California, Vista enjoys a beautiful geographic setting with close proximity to both the coast and inland attractions. The city’s location, just a short drive from the Pacific Ocean, grants residents and visitors easy access to some of the region’s most pristine beaches and scenic coastal communities.
SIGNIFICANT UPSIDE for the investor/builder interested in completing the lot split. The current owner has invested over $50,000 to add three additional lots ranging from .5 to 1 AC in size. Current zoning should allow for the construction of a single-family home, ADU and JADU upon each lot. An increased unit count through use of SB-9 could allow up to four total units on each site. A tentative parcel map, topo, grading and more is available to review for serious Buyers. This area of Vista commands premium pricing for well-appointed homes on .5AC or larger lots and ADUs. Recent comparable sales are trading upwards of $600/SF.
Vista, California, is a thriving city located in northern San Diego County. Nestled in the rolling hills and valleys of Southern California, Vista enjoys a beautiful geographic setting with close proximity to both the coast and inland attractions. The city’s location, just a short drive from the Pacific Ocean, grants residents and visitors easy access to some of the region’s most pristine beaches and scenic coastal communities.
Property Details
- Year Built/Renovated
- 1970/2023
- Stories
- 2
- Units
- 2
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