Steven Relth
This listing was posted on RealtyWW.
$4,400,000
Plot For Sale In Vista, California
Price:
$4,400,000
Location:
1741 Ishihara, Vista, CA
Description:
5 (almost) finished lots on Anza, all 1/2 acre or larger. Each lot can be sold separately for $950, 000 The 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 lots Each of the remaining 4 lots are approvable for the same exact development. Basis of value: House Rent = $5000 per month; ADU rent = $2000 per month Total rent for the (4) units on each lot = $14, 000 per month X 5 lots = $70, 000 per month X 12 months = $840, 000x.75 = 630, 000 Net Operating Income 5% cap rate = $12, 600, 000 value of 20 units total/4 on each lotFor more details: https://realtyww.info/land-lots_vista-d526356/for-sale_i69913093
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More About this Listing: Plot For Sale In Vista, California
Plot For Sale In Vista, California is a Land for Sale at 1741 Ishihara in Vista CA. Find other listings like Plot For Sale In Vista, California and listings near 1741 Ishihara by searching Oodle Classifieds for Land for Sale in Vista CA.
Plot For Sale In Vista, California is a Land for Sale at 1741 Ishihara in Vista CA. Find other listings like Plot For Sale In Vista, California and listings near 1741 Ishihara by searching Oodle Classifieds for Land for Sale in Vista CA.