$2100000 Price Analysis   ♡   Vista, CA 92083 8 bed 6 bath 3585 SqFt ($585/SqFt) 0.26 acre lot. Built 1978 Listed 2024-05-17, Taxes $4237 | Ⓧ USDA Ineligible due to price & location near Vista |
Fully rented!
Almost $11k/mo income. Rare turn-key cash flow and development opportunity. This 4 unit property has been meticulously and thoughtfully renovated. 7% cap rate or more. Live in one and rent out the others. Close to high-end retail, transit, Paseo Santa Fe and historic Downtown Vista. Every unit features brand new kitchens with new stainless steel appliances, stacked washer and dryer, luxury bathroom finishes, durable flooring, modern layouts and more.
Each unit has its own electric meter. Brand new HVAC, water heaters, windows, doors, roofs, landscaping, concrete, plumbing, wiring and more. The 7-bay garage could be partitioned and doored for additional revenue. Downtown Zoning (Transit) overly allows multiple uses and residential up to 10 units on this parcel (40 units per acre - see attached documents).
Presented by Trevor Smith at
Engel & Vlkers Carlsbad.
Property MLS #NDP2404280 from CRMLS
Lot Size Acres: 0.2573
Lot Size Source: Assessor
Lot Size Square Feet: 11207
Parking Total: 17
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
County: San Diego
Cap Rate: 7.00
Source Property Type: Residential Income
Insurance Expense: 4800.00
Area: 92083 - Vista
Source Neighborhood: 92083 - Vista
Number of Separate Electric Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 1633322200
Zoning: Mixed Use. 40 units/acre.
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $191498 + $55599 $247097 | $4237 |
| 2022 | $187744 + $54509 $242253 | $4229 |
| 2021 | $184063 + $53441 $237504 | $4139 |
| 2020 | $182176 + $52894 $235070 | $4100 |
| 2019 | $178604 + $51857 $230461 | $4049 |
| 2018 | $175102 + $50841 $225943 | $3921 |
| 2017 | $171669 + $49845 $221514 | $3875 |
| 2016 | $168303 + $48868 $217171 | $3789 |
| 2015 | $165775 + $48134 $213909 | $3759 |
| 2014 | $162528 + $47192 $209720 | $3678 |
| 2013 | $161794 + $46979 $208773 | $3674 |
| 2012 | $158622 + $46058 $204680 | $3618 |
| 2010 | $155512 + $45155 $200667 | $3441 |
| 2009 | $154717 + $44925 $199642 | $3389 |
| 2009 | $154350 + $44818 $199168 | $3389 |
| 2008 | $151684 + $44045 $195729 | $3297 |
| 2007 | $148710 + $43182 $191892 | $3190 |
$2100000
CRMLS
Listed 2024-05-17
$1995000
CRMLS
Sold 2023-12-13
$1310000
SanDiegoMLS
Listed 2023-11-15
$1200000
SanDiegoMLS
Sold 1977-10-13
$125000
Public Record
Year Built: 1978
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Exterior
Property Age: 46
Property Attached: Yes
Property Condition: Updated/Remodeled
Levels or Stories: Two
Building Total Stories: 2
Year Built Source: Assessor
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.