1741 Ishihara
Vista, CA 92084
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- – on site
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
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Last updated Apr 1, 2024
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MLS# PI24056462 —
This property is listed in more than one place. See it here.
Walk Score®
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Bike Score®
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Transit Score®
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/24
Apr 1, 2024
|
Price Changed | CRMLS_CA | $3,900,000 | -11.4% |
|
3/20/24
Mar 20, 2024
|
Listed / Active | CRMLS_CA | $4,400,000 |