702-716 Civic Center Dr - Multi-Family FOR SALE


Vista, CA 92084
$2,670,000 USD
760-497-1532
702-716 Civic Center Dr, Vista, CA for Sale
$2,670,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

702-716 Civic Center Dr
Vista, CA 92084


HIGHLIGHTS

  • Rare ±1.05-Acre Assemblage — Three contiguous parcels (702, 710 & 716 Civic Center Drive) totaling ±45,884 SF, sold together as a single development
  • MU-30 Mixed-Use Zoning — Flexible development potential for multifamily / mixed-use residential (self-storage, retail/restaurant, and other uses)
  • Income While You Plan — Existing retail building and two single-family residences provide interim holding income during the entitlement process

OVERVIEW

Rare three-parcel assemblage on Civic Center Drive — 702, 710 & 716 Civic Center Dr — totaling ±1.05 acres (±45,884 SF) of contiguous land. All three parcels are listed separately but are being SOLD TOGETHER ONLY as a single assemblage; they will not be sold individually. Zoned MU-30 (Mixed-Use), supporting a range of future development concepts: multifamily / mixed-use residential (with bonus density potential under California state housing law), self-storage, retail/restaurant, and other possibilities. Existing improvements — one retail building and two single-family residences — offer interim holding income while entitlements are pursued. Established Vista corridor in fast-growing North San Diego County, minutes from SR-78. Zoning and allowable uses are for marketing purposes only; buyer to verify all zoning, density, and development potential with the City of Vista. Contact the listing agent for the Offering Memorandum. Buyer to verify all zoning and uses with the City of Vista.

FOR SALE DETAILS

PRICE

$2,670,000 USD

PRICE/SF

$642 USD /SF

# OF UNITS

3

PRICE/UNIT

$890,000

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

702-716 Civic Center Development Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,884 SF

ZONING

MU-30

APN/PARCEL ID

179-060-10-00,179-060-26-00,179-060-55-00

ASK ABOUT THIS PROPERTY

Kambiz MarashiMara Real EstateMore Info
760-497-1532

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Kambiz MarashiMara Real EstateMore Info
760-497-1532

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.