
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.
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0BEDS
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0.55ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-08T07:31:33.103. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.