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$ 1,625,000
Est. payment | /mo
4 Beds
4 Baths
0.55 Acres Lot
$ 1,625,000
Est. payment | /mo
4 Beds
4 Baths
0.55 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
Subdivision Vista
MLS Listing ID SR25013563
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.
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
Listed by Richard Karzen • RE/MAX One
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "