1255 Arcadia Ave - Apartments FOR SALE


Vista, CA 92084
$1,475,000 USD
415-250-4947
1255 Arcadia Ave, Vista, CA for Sale
$1,475,000 USD
Apartments - FOR SALE
1/14
null | 4.76% Cap Rate

1255 Arcadia Ave
Vista, CA 92084


HIGHLIGHTS

  • Market 6.45% Cap Rate & 11.2 GRM
  • All Units w/ a Private Balcony, Deck or Yard
  • 1980 Construction
  • One Unit Completely Remodeled
  • Newer Roof, Water Heater & Garage Doors

OVERVIEW

1255 Arcadia Avenue in Vista features 4 large units situated in a 4,308 sq ft structure built in 1980 on a 9,552 sq ft lot. The strong unit mix features one 3 bedroom / 2 bathroom and two 2 bedroom / 2 bathroom units, and one 2 bedroom / 1 bathroom unit which is renovated with new cabinets, flooring, countertops, lighting, heating and windows. All the units have yards, balconies or deck areas and there are common laundry facilities. The property features one double and three single car garages. One of the decks was replaced in 2021, the exterior was painted and new garage doors installed in 2022. The roof, soffits, and plywood were installed in 2020 with a 30-year warranty and a new commercial hot water heater was just installed. PLEASE DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS. SHOWN WITH AN ACCEPTED OFFER ONLY. Vista is a city in Southern California and is in northwestern San Diego County. Vista is a medium sized city within the San Diego Metropolitan Area and had a population of 93,834 at the 2010 census. Vista also includes portions of unincorporated San Diego County to north and east, with a county island in the central west, which is within its sphere of influence. Located just seven miles inland from the Pacific Ocean, it has a Mediterranean climate. Vista has more than 25 educational institutions for youth, and a business park home to over 800 companies. Vista was listed as the seventh-best place in the United States for family life, based on factors such as jobs and business opportunities, education, climate, and cost-of-living in a 2008 review.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$342 USD /SF

# OF UNITS

4

PRICE/UNIT

$368,750

CAP RATE

4.76%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Units Vista

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

5

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

173-470-14

ASK ABOUT THIS PROPERTY

Benn VogelsangNorthmarqMore Info
415-250-4947

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Benn VogelsangNorthmarqMore Info
415-250-4947

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.