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1570 N Santa Fe Ave 0.54 Acres of Residential Land in Vista, CA 92083
Investment Highlights
- ±23,307 SF (0.53 AC) multifamily development site
- Previously approved 33-unit multifamily project
- Proximity to Highway 78, Downtown Vista, retail amenities, and employment centers
- M-U (40) zoning with North Santa Fe Overlay
- 4-story / 60-foot height allowance
Executive Summary
1570 N Santa Fe Avenue presents a rare opportunity to acquire a previously entitled multifamily development site within Vista’s rapidly evolving North Santa Fe corridor. The property was formerly controlled by a developer through a lease-option structure who successfully advanced and obtained approvals for a 33-unit residential project; however, the developer ultimately did not exercise their option to purchase the property. As a result, ownership is now bringing the site to market as a development opportunity with a proven entitlement path already established.
While the previously approved project plans are no longer in the possession of ownership, the site was entitled for a thoughtfully designed 33-unit podium-style development consisting of (3) studio units, (27) one-bedroom/one-bathroom units, and (3) two-bedroom/one-bathroom units. The prior approvals demonstrate the site’s strong development potential and provide future developers valuable insight into the project scale, density, and design previously supported by the City.
Located within the M-U (40) zoning designation and benefiting from the North Santa Fe Overlay, the ±23,307 SF (0.53-acre) site offers favorable multifamily development fundamentals in one of North County San Diego’s emerging infill growth corridors. The surrounding area continues to experience significant public and private investment driven by transit accessibility, expanding retail amenities, and Vista’s ongoing revitalization efforts.
While the previously approved project plans are no longer in the possession of ownership, the site was entitled for a thoughtfully designed 33-unit podium-style development consisting of (3) studio units, (27) one-bedroom/one-bathroom units, and (3) two-bedroom/one-bathroom units. The prior approvals demonstrate the site’s strong development potential and provide future developers valuable insight into the project scale, density, and design previously supported by the City.
Located within the M-U (40) zoning designation and benefiting from the North Santa Fe Overlay, the ±23,307 SF (0.53-acre) site offers favorable multifamily development fundamentals in one of North County San Diego’s emerging infill growth corridors. The surrounding area continues to experience significant public and private investment driven by transit accessibility, expanding retail amenities, and Vista’s ongoing revitalization efforts.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Apartment Units |
| Property Type | Land | Total Lot Size | 0.54 AC |
| Zoning | M-U (40) | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.54 AC |
| Zoning | M-U (40) |
1 Lot Available
Lot
| Lot Size | 0.54 AC |
| Lot Size | 0.54 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 161-051-04 | Improvements Assessment | $44,810 CAD |
| Land Assessment | $224,087 CAD | Total Assessment | $268,896 CAD |
Property Taxes
Parcel Number
161-051-04
Land Assessment
$224,087 CAD
Improvements Assessment
$44,810 CAD
Total Assessment
$268,896 CAD
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1570 N Santa Fe Ave
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