Vista, CA 92084 1741 Ishihara
$3,900,000
4 more
Presented By: Steven Relth with Lee and Associates; 619-517-6429
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 Market59
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
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480