380 Plymouth Dr Vista, CA 92083
32-unit apartment community in Vista, CA with value-add potential.
Lot size:
1.45 AcresProperty Features for 380 Plymouth Dr
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 1.45 Acres
Source:
Elliman
Listing Agent: Abe Peay
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Vista Multifamily Investment Opportunity
This 32-unit apartment community, constructed in 1986, is situated on a 63,000 square foot lot. The property features nineteen 950 square foot 2-bedroom, 2-bathroom units and thirteen 750 square foot 1-bedroom, 1-bathroom units. Parking is provided by 32 covered carports and 19 open spaces. This property presents a value-add opportunity through rental upside. The property has an assumable first trust deed of $7,300,000 with 10 years remaining at a fixed interest-only rate of 5%. The property has been meticulously maintained since its construction, fostering a sense of community among long-term tenants. Recent upgrades include resealed balconies, new roof underlayment and tiles, and the removal of a pool, which reduces water usage and insurance liability.
Location Intelligence
Current Use by Public Records
Plymouth Drive Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Vista
- County
- San Diego
- State
- California
- Longitude
- -117.2521964
- Latitude
- 33.2033072
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 32-unit apartment community in Vista, CA with value-add potential.
Where is this apartment building located?
The property is located at 380 Plymouth Dr Vista, CA.
What is the asking price?
The asking price for this property is $11,750,000.
What are key features of this property?
This property features: - Assumable $7,300,000 first trust deed with 10 years remaining at a fixed interest-only rate of 5%.; - Significant value-add opportunity with upside in current rents.; - Well-maintained property with long-term tenants, indicating a strong sense of community.
