520-521 W California Northeast Vista, CA 92083

Listing agency Mr Agent RE

Listed by Santiago calvillo · License #00993090

Source Crexi

Added: Mar 4 Updated: Jul 6 at 12:53PM Checked: Jul 22 at 6:27AM

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Investment Insights

Based on property information with market context.

This multifamily property features potential rentals for owner occupancy and is to be sold as-is, with no repairs. The units present an opportunity for increased rental income. There is ample parking space available for at least 10 cars. The front unit was remodeled in 2020, featuring new floors, a new kitchen with stainless steel appliances and custom-made cabinets, and a remodeled bathroom. An open garden area provides a country-like atmosphere. The front unit has a private entrance, while the attached unit has its own entrance in the alley. A mobile home, currently rented, is included in the sale. All units are at floor level. The garage was converted without permits. The tenants are long-term, and the rental income is currently below market value. The property is located close to schools and stores. The county indicates multiple units zoning, but verification with the City of Vista is recommended. The property offers potential for the right investor owner.

Key Highlights

• Multiple Units Zoning (verify with City of Vista)
• Potential for Owner Occupied Rental Income
• Remodeled Front Unit (2020): Features new floors, kitchen, stainless steel appliances, custom cabinets, and bathroom

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FAQs

What type of property is this?

Multifamily property - Multifamily property featuring a remodeled unit and rental upside potential.

Where is this multifamily property located?

The property is located at 520-521 W California Northeast Vista, CA.

What is the asking price?

The asking price for this property is $825,000.

What are key features of this property?

This property features: Multiple Units Zoning (verify with City of Vista); Potential for Owner Occupied Rental Income; Remodeled Front Unit (2020): Features new floors, kitchen, stainless steel appliances, custom cabinets, and bathroom