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764 Eucalyptus Avenue

Vista, CA 92084
  • $1,625,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • ID#: SR25013563
Under Contract
UPDATED: 65 min ago
$1,625,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Richard Karzen of RE/MAX One (818-346-7362)


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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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.
www.playavistaliving.com/homes/159598628
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764 Eucalyptus Avenue Vista, CA 92084

  • Price: $1,625,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 65 min ago
  • ID#: SR25013563
0
Beds
0
Baths
0
½ Baths
0.55
Acres
1948
Built
Neighborhood:
Vista
County:
San Diego
Area:
92084 - Vista
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.
Exterior Features

Carport Spaces 6 Carport YN Yes Entry Level 1 Entry Location Structure Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 7 Open Parking Spaces 2 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 3.79 Common Interest Community Apartment Community Features CurbsStreet Lights Electric Expense 2542 Fuel Expense 0 Garage YN No Gross Income 106200 Gross Scheduled Income 106020 Insurance Expense 3992 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 61604 New Construction YN No Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 42321 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 8725 Trash Expense 2279 Utilities Sewer Connected Water Sewer Expense 11066 Water Source Public Zoning R3



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.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Richard Karzen of RE/MAX One (818-346-7362)