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$ 2,275,000
Est. payment /mo
New
785 Lemon Avenue Vista, CA 92084
9 Beds
5 Baths
7,464 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2602906
Bedrooms 9
Lot Size 7,464 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Built in 2025, this low-maintenance, 3/4 leased fourplex offers immediate cash flow with long-term upside. The property generates $147,000/year in gross income with separately metered gas & electric, owned solar, and all new systems and finishes - ideal for 1031 exchange buyer seeking stabilized returns with extremely low expenses or residential buyer in the market to house hack. Each unit is thoughtfully designed to attract high-quality tenants, featuring quartz countertops, stainless steel appliances, in-unit LG washer/dryers, Innovair mini splits, tankless water heaters, and durable vinyl oak flooring. Unit mix includes a highly desirable 3 bed/2 bath owners unit option, and three 2 bed/1 bath units with varying modern kitchen designs. New roof, foundation, plumbing, electric, windows, landscaping - all new inside and out! Located near Vistas growing dining and entertainment, including Moonlight Amphitheatre and Alta Vista Botanical Gardens, with easy freeway access to the coast. Rents: Unit 1 $3,800 (pro forma) | Unit 2 $2,900 | Unit 3 $2,800 | Unit 4 $2,800
Location
State CA
County San Diego
Direction Google
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Partial
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 1751023900
Acceptable Financing Cash, Conventional, Exchange, VA
Listing Terms Cash, Conventional, Exchange, VA
Listed by Malena Boetel, DRE#02116790 Serhant California Inc
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