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Vista, CA 92084 1741 Ishihara

$3,900,000

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Presented By: Steven Relth with Lee and Associates; 619-517-6429
  • MLS# PI24056462
  • 03/20/2024
  • Request Tour
  • Request Info

Home Details

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 lot
Presented By: Steven Relth with Lee and Associates; 619-517-6429

Interior Features for 1741 Ishihara

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo

General for 1741 Ishihara

Additional Parcels Description173-350-27, 30, 39, 40
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityVista
Community FeaturesSuburban
CountySan Diego
Current FinancingNone
Days on Market12
DirectionsBobier to Anza
Garage Y/NNo
HOA / Comm AssnYes
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash
Lot Size Square Feet37026.0
MLS Area92084 - Vista
MobileHomeRemainsYNNo
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameIshihara
Subdivision NameVista
Tax Lot370
UtilitiesElectricityAvailable
ViewCityLights
View Y/NYes
Waterfront Y/NNo
ZoningR1

Exterior for 1741 Ishihara

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.85
Lot Size Area37026.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,900,000
MLS#PI24056462
List Date 03/20/2024
Property Type Land
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors