10
See all 10 photos
$1,895,000
Est. payment /mo
0.35 Acres Lot
Active
745 S Santa Fe Ave. Vista, CA 92083
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2604200
HOA Y/N No
Lot Size 0.350 Acres
Property Description
The subject property is located off South Santa Fe Ave in the heart of downtown Vista, within the vibrant and well-known Vista Village, and presents a compelling opportunity within a designated Opportunity Zone. This designation offers potential tax advantages for investors, including deferral and possible reduction of capital gains, making the project especially attractive for long-term investment strategies. Conceptual design studies by a well-known architect have outlined a plan for a 39-unit mixed-use development, incorporating residential units along with ground-floor commercial space to complement the area's walkable, urban character. The proposed design envisions a cohesive project that aligns with the ongoing revitalization of downtown Vista. A buyer may choose to capitalize on both the Opportunity Zone benefits and the groundwork already completed by the seller, moving forward with entitlements for the existing mixed-use concept, or explore alternative development approaches that maximize the site's zoning and investment potential. Please contact Stevie Berman at (408) 202-0611 for more information.
Location
State CA
County San Diego
Area 92083 - Vista
Zoning SPI
Interior
Fireplace No
Exterior
Community Features Biking, Street Lights, Sidewalks, Urban
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre, 11-15 Units/Acre
New Construction No
Others
Senior Community No
Tax ID 1790512000
Acceptable Financing Cash, Conventional, Contract, 1031 Exchange
Listing Terms Cash, Conventional, Contract, 1031 Exchange
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2505776
Listed by Steven Berman Lee & Associates 408-202-0611, DRE #02242051
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