Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    206 Nevada Ave Vista, CA 92084-5080
    Back to Search
    Property profile & analytics

    206 Nevada Ave, Vista, CA 92084-5080

    View on Map
    • Apartment buildings
    • 6,400 SF
    • 0.34 lot acres
    Off-Market
    Property ID
    US09-9691322
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,145,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 206 Nevada Ave

    Year built
    1991
    Lot size
    0.34 lot acres
    Zone code
    R-4:MULTIPLE RESIDENTIAL
    Property type
    Apartment buildings
    APN
    175-091-21-00
    APU
    1750912100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 12, 2022 — Julie Lucier — Deed · related $1.4M · Mission Bank
    Sep 19, 2016 $1,300,000 David Plutner Nevada Ave Apartments LLC Grant Deed $915k · Mission FCU
    Jul 15, 2008 $890,000 Nevada Ave Apartments LLC Karl Becker Grant Deed $520k · Washington Mutual Bank
    Feb 2, 2007 — Becker Karl Trust Becker,karl Quit Claim Deed · related —
    Aug 14, 1996 — Karl Becker Becker,monika Quit Claim Deed · related —
    Aug 14, 1996 $83,000 Becker,karl Fallone,robert C & Anna M Trustees Deed · related —
    Jul 29, 1996 — Ralph Fallone Fallone,flora Quit Claim Deed · related —
    Sep 22, 1988 $110,000 Robert C Fallone Castro Gilberto Grant Deed $88k · Hawthorne Savings & Loan
    — — Karl Becker — Deed Of Trust · related $357k · Washington Mutual Fsb
    — — Robert C Fallone — Deed Of Trust · related $394k · Hawthorne Savings & Loan
    — — A F Fallone — Deed Of Trust · related $185k · Hawthorne Savings Bank Fsb

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,825,000
      Current use
      WAREHOUSE, STORAGE
      $1,815,000
      Change: -1% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vista
    County
    San Diego
    State
    California
    Longitude
    -117.243
    Latitude
    33.2091
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $19,723
    $629,216
    $849,955
    $1,479,171
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,810,000
      20,423 SF

      1376 Bonair Rd

      APARTMENT HOUSE (5+ UNITS)
      1376 Bonair Rd, Vista, CA 92084-4104
      View Details
    • Value Estimation
      $3,620,000
      28,630 SF

      1424 Bonair Rd

      APARTMENT HOUSE (5+ UNITS)
      1424 Bonair Rd, Vista, CA 92084-4121
      View Details
    • Value Estimation
      $2,410,000
      13,312 SF

      1280 Citrus Ave

      APARTMENT HOUSE (5+ UNITS)
      1280 Citrus Ave, Vista, CA 92084-4381
      View Details
    • Value Estimation
      $2,415,000
      13,312 SF

      1280 Citrus Ave

      APARTMENT HOUSE (5+ UNITS)
      1280 Citrus Ave, Vista, CA 92084-4381
      View Details
    • Value Estimation
      $940,000
      6,272 SF

      716 Citrus Ave, Unit 30

      APARTMENT HOUSE (5+ UNITS)
      716 Citrus Ave, Vista, CA 92084-5072
      View Details
    • Value Estimation
      $4,985,000
      25,965 SF

      516 Santa Fe Ave

      APARTMENT HOUSE (5+ UNITS)
      516 Santa Fe Ave, Vista, CA 92084-6138
      View Details

    Similar Nearby for Sale

    • $1,175,000
      2,400 SF

      Vista Triplex with Expansion Potential

      Value-add triplex opportunity with approved plans and ADU potential.
      615 Truly Ter, Vista, CA 92084
      View Details
    • $1,275,000

      Vista Fourplex Investment Opportunity

      Fourplex with income and growth potential in Vista, California.
      1223 Monique Ct, Vista, CA 92084
      View Details
    • New
      $1,350,000
      Pending

      Two-Unit Residential Income Property

      Variance-approved multifamily opportunity with a main residence and separate guest house, each with private entry and in-unit laundry.
      29737-39 Margale Ln, Vista, CA 92084
      View Details
    • Contact for pricing
      1,808 SF

      Vista Duplex: Investment or Owner-Occupancy

      Duplex in downtown Vista with updated unit and tenant.
      627-629 N Citrus Ave, Vista, CA 92084
      View Details
    • Contact for pricing
      51,836 SF

      Vista Land Development Opportunity

      Land in Vista, CA, zoned for high-density multifamily development.
      1225 N Santa Fe Ave, Vista, CA 92084
      View Details
    • $1,740,000
      2,054 SF

      Vista Income Property with Solar

      Three rentable spaces on 2.57 acres with owned solar.
      6937 Kellyn Ln, Vista, CA 92084
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Vista, CA

      Retail/restaurant space available in multi-tenant retail strip.
      1465 East Vista Way, Vista, CA 92084
      View Details
    • $1.25 SF/Yr
      5,000 SF

      Medical/Professional Office Suites Available

      Medical/professional office suites for lease with flexible layouts.
      840 Townsite Dr, Vista, CA 92084
      View Details
    • Contact for pricing
      1,000 SF

      Medical/Professional Office Suites Available

      Medical/professional office suites for lease with flexible layouts.
      840-856 Townsite Dr, Vista, CA 92084
      View Details
    • Contact for pricing
      18,160 SF

      Former Retail Space For Lease

      18,160 SF retail space centrally located in Foothill Center.
      1223 Vista Way, Vista, CA 92084
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    206 Nevada Ave
    Vista, CA 92084-5080
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    206 Nevada Ave, Vista, CA, 92084
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!