1060 Crest View Rd
1 / 20

1060 Crest View Rd

C

Vista, CA 92081

$4,200,000

Beds

3

Baths

2

Sqft

1,789

Year Built

1935

Days on Market

9

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605928

This property is in Vista (92081). View neighborhood stats →

Virtual Tour

About This Property

Premier Residential Development Opportunity – Vista, California Rare opportunity to acquire ±3.38 acres consisting of three legal parcels totaling approximately 147,094 square feet in one of North San Diego County’s most desirable housing markets. Zoned R-1-1000, the property offers significant subdivision potential with an estimated yield of approximately 11–13 single-family residential lots, subject to City approvals and engineering review. Strategically located within an established residential neighborhood with excellent visibility from State Route 78, the site provides convenient access to schools, shopping, employment centers, healthcare facilities, and major transportation corridors. The property includes a charming 1,789-square-foot ranch-style home with three bedrooms, two bathrooms, and a detached garage that may provide interim rental income while development plans are pursued. Potential development scenarios include a conventional subdivision, homes with ADUs, or premium estate-sized lots. Potential valley, city light, sunset, and distant ocean views further enhance the property's appeal. Exceptional opportunity for builders, developers, and investors seeking a premier residential development site in the City of Vista.

Mortgage Calculator

Est. Monthly Payment

$26,662

Principal & Interest$21,237
Property Tax$4,200
Insurance$1,225
%($840,000)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$4,196
Monthly Cashflow

Rent − PITIA

$-22,466
Full Cashflow

Incl. vacancy, PM, maint, capex

$-26,932

Mortgage (P+I)
$21,237
Cap Rate
-1.63%
Cash-on-Cash
-38.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.16
Break-even Rent
$39,172

NOI (Annual)
$-68,329
Price-to-Rent

Lower = better for investors

83.4

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Get Expert AnalysisOpen Full Calculator