935 Alta Vista Dr.

    Vista, CA 92084
    • $1,345,000
    • STATUS: PENDING
    • ON SITE: 319 days
    • ID#: 170046748
    Pending
    UPDATED: 18 min ago
    $1,345,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    The best Street in Vista. Hilltop compound with views, cooling breezes, mature landscaping and a long private drive. Well maintained by the same owner for the past 15 years. Pride of ownership shows. Long term tenants with room to increase rents. Where else can you find a 5.76 cap rate based on existing rents and operating expenses. This is a unique opportunity to take advantage of Vista's renewal and resurgence as a prime North County community. The zoning is R-1 and therefore the apartments are a pre-existing non conforming use.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.
    www.themarellygroup.com/homes/76494522

    935 Alta Vista Dr. Vista, CA 92084

    • Price: $1,345,000
    • Status: PENDING
    • Updated: 18 min ago
    • ID#: 170046748
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    Neighborhood:
    Vista (92084)
    County:
    San Diego
    Area:
    Vista (92084)
    Property Description
    The best Street in Vista. Hilltop compound with views, cooling breezes, mature landscaping and a long private drive. Well maintained by the same owner for the past 15 years. Pride of ownership shows. Long term tenants with room to increase rents. Where else can you find a 5.76 cap rate based on existing rents and operating expenses. This is a unique opportunity to take advantage of Vista's renewal and resurgence as a prime North County community. The zoning is R-1 and therefore the apartments are a pre-existing non conforming use.
    Exterior Features

    Construction BlockFrameStucco Exterior Auto Front SprinklersAuto Rear SprinklersCable AvailableFully Landscaped Parking Spaces Roof Composition

    Interior Features

    Baths Unit1 1 Baths Unit2 1 Baths Unit3 1 Baths Unit4 1 Baths Unit5 1 Baths Unit6 1 Baths Unit7 1 Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 2 Bedrooms Unit4 1 Bedrooms Unit5 0 Bedrooms Unit6 0 Bedrooms Unit7 1 Floors SlabWood Heating Wall Sq Ft Of Improvement 3494 Stories 1 Story2 Story Unit Furnished1 0 Unit Furnished2 0 Unit Furnished3 0 Unit Furnished4 0 Unit Furnished5 0 Unit Furnished6 0 Unit Furnished7 0 Units With Dishwashers 0 Units With Ranges 7 Units With Refrigerators 7

    Property Features

    Actual Cap Rate 5.76 Actual Gross Operating Income 112800 Actual Gross Scheduled Income 112800 Actual Operating Expense 27782 Actual Vacancy And Credit Loss 3% Assumable Finance 0 Buildings 3 Financial Information Source Owner Gross Equity 0 Gross Multiplier 13.09 Have 0 Mandatory Remarks None Known Market Area North County Monthly Rent Total 9400 Motive Want Sale Present Loan 435000 Short Sale No Sq Ft Source Buyer To VerifyTax Record Terms CashCash To New Loan Unit Number1 1 Unit Number2 2 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Rent Total1 1325 Unit Rent Total2 1395 Unit Rent Total3 1730 Unit Rent Total4 1430 Unit Rent Total5 995 Unit Rent Total6 1075 Unit Rent Total7 1445 Unit Rent1 1325 Unit Rent2 1395 Unit Rent3 1730 Unit Rent4 1430 Unit Rent5 995 Unit Rent6 1075 Unit Rent7 1445

    Listing provided courtesy of E&V Ranch And Coast, Inc.. Listing information © 2018 SANDICOR, Inc.



    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.
     
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