628 W California Ave - Apartments FOR SALE


Vista, CA 92083
$8,770,000 USD
760-930-7940
628 W California Ave, Vista, CA for Sale
$8,770,000 USD
Apartments - FOR SALE
1/48
null | 5.05% Cap Rate

628 W California Ave
Vista, CA 92083


HIGHLIGHTS

  • Extensively renovated | Nearby downtown Vista Village shopping, breweries, restaurants
  • Large 1.43 acre site with potential to add ADU's
  • 26 GARAGES and abundant parking on-site
  • 5.05% Current Cap | 5.95% Market Cap
  • Potential to add significant number of ADU's
  • North County San Diego within close proximity to light rail sprinter with access to beaches and Cal State San Marcos

OVERVIEW

Extensively renovated with additional upside potential. LARGE 1.43 Acre lot with 26 garages and abundant on-site parking. Prime North County San Diego in Vista, walking distance to Downtown Vista Village. Extra large units with downstairs enclosed patios and upstairs balconies. Potential to add 13 ADUs! Upgrades include: • New kitchens - quartz counters, new cabinets/sinks/fixtures, stainless steel appliances • New baths - new cabinets/sinks/fixtures, refinished bath/shower stalls • New windows, new LVP flooring, wall-unit ACs • Automatic garage doors, roof upgrades, new paint, fenced-in patios, and washer/dryers in select units

FOR SALE DETAILS

PRICE

$8,770,000 USD

PRICE/SF

$482 USD /SF

# OF UNITS

22

PRICE/UNIT

$398,636

CAP RATE

5.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Renovated | 26 Gar + 1.4AC | North County

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

RM15

APN/PARCEL ID

163-420-01

ASK ABOUT THIS PROPERTY

Peter ScepanovicColliersMore Info
760-930-7940

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Peter ScepanovicColliersMore Info
760-930-7940

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