SAN DIEGO, CA - Colliers International San Diego Region announces the sale of a 10-unit multi-family property located at 161 W. Los Angeles Drive, Vista, CA (92083) for $1,750,000 ($175,000/unit).
Peter Scepanovic and Corey McHenry of Colliers International San Diego Region’s Multi-Family Advisory Group represented the Monterey, CA-based seller Vista International, Inc. and the Del Mar, CA-based Cazador Los Angeles Drive, LLC.
The property includes 10 detached and attached cottages on a 40,946-square foot parcel. The unit mix is comprised of nine, one-bedroom and one-bathroom and one, two-bedroom and one-bathroom units.
“The oversized lot provides a classic value-add investment with the opportunity for future development,” said Peter Scepanovic, Senior Vice President and leader of the Multi-Family Advisory Group at Colliers International San Diego Region.
Colliers International | San Diego Region focuses on accelerating our clients' success by seamlessly providing a full range of services to investors, property owners, occupiers, and developers.
The San Diego Region of Colliers International has three offices located in Carlsbad, UTC, and Scripps Ranch with over 100 commercial real estate professionals. The region is home to some of the world’s most successful businesses including Life Technologies, Qualcomm, Petco, Sony, LG Electronic, Callaway Golf, Jenny Craig, ViaSat, Upper Deck, Karl Strauss Brewing, Johnson & Johnson and many more.