107-31 Taylor St Vista, CA 92084

Property Details for 107-31 Taylor St

Year built

1986

Property type

Apartment buildings

Description

Presidio Villas offers a compelling investment opportunity in the thriving Vista, California market. This 50-unit apartment building, constructed in 1986, boasts a total of 47,350 square feet of net rentable space, situated on a 5.04-acre lot. Each of the 50 units is a two-bedroom, two-bathroom apartment averaging 947 square feet, presenting potential for value-add renovations. Residents enjoy a range of amenities including a resort-style swimming pool, attractive landscaping, abundant parking (50 single-car garages, 55 off-street spaces, and street parking), and an on-site laundry facility. In-unit features include fully equipped kitchens, central heating and air conditioning, ceiling fans, cable readiness, high-speed internet access, carpeting, window coverings, and private balconies or patios. The property's strategic location, just two miles from the revitalized downtown Vista and 2.5 miles from State Route 78, provides exceptional access to employment centers, educational institutions (Palomar College and California State University San Marcos are a short 15-minute drive away), and the vibrant coastal communities of Carlsbad and Oceanside. The 78 Corridor, with its over 630,000 residents and abundant commercial space, further enhances the property's investment potential. Vista's strong population growth (8% since 2010) and the ongoing revitalization of its downtown area contribute to a positive outlook for this multifamily asset. The property's APN is 1591611800. This is an exceptional opportunity to acquire a well-maintained, income-producing property in a high-growth area.

Location Insight

City

Vista

County

San Diego

State

California

Longitude

-117.246

Latitude

33.229