$1,575,000
$1,625,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
0.55 Acres Lot
SOLD DATE : 05/30/2025
Key Details
Sold Price $1,575,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Vista
MLS Listing ID SR25013563
Sold Date 05/30/25
Bedrooms 4
HOA Y/N No
Lot Size 0.550 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Incredible Potential! Charming Oasis in the quaint town of Vista. Low rents, Immediate Upside. PLEASE NOTE THAT THE RENTS ARE DUE TO BE RAISED $100.00 FOR EACH UNIT (CALL AGENT FOR DETAILS). AT THE NEW RENT SCHEDULE, THE NEW SGI IS $113,220, NEW GRM IS 14.26, NEW CAP RATE IS 4.23 (SELF MANAGED). Large Lot. Possible future development or ADU addition (Buyer to check with the City of Vista to verify). Ample parking, six carports, numerous additional areas to park on the lot. Double pane windows, new laminate flooring, laundry room. Pitched roof. Partial Copper plumbing. Low density single story ranch style structure. Numerous trees and greenery. Buyer to cooperate with Sellers 1031 Tax Deferred Exchange at no additional cost or liability to Buyer.
Incredible Potential! Charming Oasis in the quaint town of Vista. Low rents, Immediate Upside. PLEASE NOTE THAT THE RENTS ARE DUE TO BE RAISED $100.00 FOR EACH UNIT (CALL AGENT FOR DETAILS). AT THE NEW RENT SCHEDULE, THE NEW SGI IS $113,220, NEW GRM IS 14.26, NEW CAP RATE IS 4.23 (SELF MANAGED). Large Lot. Possible future development or ADU addition (Buyer to check with the City of Vista to verify). Ample parking, six carports, numerous additional areas to park on the lot. Double pane windows, new laminate flooring, laundry room. Pitched roof. Partial Copper plumbing. Low density single story ranch style structure. Numerous trees and greenery. Buyer to cooperate with Sellers 1031 Tax Deferred Exchange at no additional cost or liability to Buyer.
Location
State CA
County San Diego
Community Vista
Area Vista (92084)
Zoning Public Rec
Building
Lot Description Curbs
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $13
Acceptable Financing Exchange
Space Rent $1,750
Listing Terms Exchange
Financing Cash
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Bought with Angelo Joseph La Bruna III • Apartment Realty Group (ARG)
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