858-761-2529
1559 N Santa Fe Ave, Vista, CA for Sale
Apartments - FOR SALE
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1559 N Santa Fe Ave
Vista, CA 92084


HIGHLIGHTS

  • Innovative and newly constructed asset in the heart of Vista
  • Desirable unit-mix of spacious studio, one, and two-bedroom units - market rate units are exempt from AB1482 rent control measures for 15 years
  • Fully-amenitized building featuring an elevator, private gated entry, resort-style clubhouse and resident lounge
  • Spacious floor plans with luxury finishes, in-unit washer/dryers, and stainless-steel appliances
  • Convenient access to Downtown Vista, the Vista Transit Center, and the 78 corridor
  • Desirable location with historically low vacancy rate and strong rental demand

OVERVIEW

We are pleased to present NV Lofts, located at 1559 N Santa Fe Avenue, near Downtown Vista, California. Completed in 2024, this property represents a modern 4-story, 60-unit establishment, showcasing an experience of luxurious yet accessible living. Combining distinctive and captivating design, NV Lofts stands as the forefront of new construction multifamily development located just 1.3 miles from the revitalized downtown Vista. This project is all about making the most of every detail, optimizing efficiency, interior space, and land use. NV Lofts is truly a pride-of-ownership asset in a strategic location, Class “A” product type, and unique design. This exciting new 60-unit community spans 1.26 acres and offers a diverse unit mix of seven (7) studios, thirty five (35) one-bedroom/one-bathroom, and eighteen (18) two bedroom/two-bathroom units. The property features an array of amenities for its vintage and size, including a resort-style clubhouse, resident lounge, garage parking with EV chargers, and ample storage. The units themselves are equipped with stainless steel appliances, shaker-style cabinets, quartz countertops, air conditioning, private balconies, and in-unit washer/dryers. The property is ideally positioned near the revitalized downtown Vista, an area experiencing significant growth with the emergence of new businesses and dining options. The ongoing Paseo Santa Fe Corridor Streetscape Project is set to further enhance the urban environment. Downtown Vista is also home of the Vista Transit Center, which provides transportation to a multitude of locations throughout North County. NV Lofts is conveniently located on the Interstate-78 Corridor, home to over 644,943 residents (and counting) and boasts extensive job nodes/commercial spaces, including cutting-edge tech manufacturing and research facilities. Additionally, NV Lofts benefits from its proximity to higher education; Palomar College and California State University San Marcos are both located less than a 15-minute drive away. With Vista’s strong rental demand and a low vacancy rate of 1.6%, NV Lofts presents a prime investment opportunity proximate to the heart of Downtown Vista. With its innovative design, luxurious enhancements, and optimal high demand unit mix ideal for the local workforce, the property provides investors with the unique opportunity to acquire a significant class “A” asset that is poised to capture steady rental premiums for generations to come. Please reach out to Austin Huffman at ahuffman@ipausa.com for the OM and Deal Room access.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

60

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NV Lofts

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

78

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

-

APN/PARCEL ID

161-052-02

ASK ABOUT THIS PROPERTY

Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.