1741 Ishihara 1741 Ishihara Vista, California 92084 United States
1741 Ishihara Vista, California 92084 United States
$3,900,000
Get directions
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...
- .85 Acres
- Exterior
- Land
- Property type
- PI24056462
- Web Id
- PI24056462
- MLS ID
- Vista
- Subdivision
- 41
- days ago
About 1741 Ishihara
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
Listing Courtesy of Lee and Associates, Email/Phone : 619-517-6429
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Lee and Associates, Email/Phone : 619-517-6429
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
PROPERTY INFORMATION
- Community Info
- Suburban
- View
- CityLights
- Water
- Public
EXTERIOR
- Lot Description
- Item25UnitsAcre
Listing Courtesy of Lee and Associates, Email/Phone : 619-517-6429