Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

0 sqft

Lot size

22,651 sqft

Year built

1959

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

249123414

About this property

Rare Vista Investment Opportunity! Four separate rental units on a spacious 0.52-acre lot, offering an excellent opportunity for investors seeking an established income-producing property with potential for future development. The property consists of two structures. The front structure features a single-family residence and two attached apartment units, while the second structure is a detached single-family residence. All four units are currently tenant-occupied. The property features two large driveways for ample off-street parking and separate gas and electric meters for each unit. Three units offer convenient single-story living, while the upstairs unit features a private entrance, a spacious patio, and additional storage beneath the unit and across from the staircase. The front single-family residence also features a unique basement area offering additional storage or flexible-use potential. Each unit enjoys its own fenced, private outdoor space, with generously sized yards. Situated on a large 0.52-acre lot, this property may offer opportunities for future ADU development, subject to zoning, permitting, and buyer verification. With four existing rental units, substantial outdoor space, separate utility meters, and potential for future improvements, this is a unique opportunity to own a versatile multifamily investment property in Vista.

Location

705 Grapevine Rd

Vista, San Diego, CA, 92083