702 E Vista Way - Multi-Family FOR SALE


Vista, CA 92084
$1,200,000 USD
858-380-8553
702 E Vista Way, Vista, CA for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/24
null | 5.4% Cap Rate

702 E Vista Way
Vista, CA 92084


HIGHLIGHTS

  • Two - Large 1500+ sq ft Detached Homes
  • Large 19K+ Square Foot Lot
  • Panoramic Views from Both Homes
  • Backyard/Decks + Koi Pond
  • 1 - Two Car Garage + 1 Single
  • W/D Hookups in both Units

OVERVIEW

Located in the heart of Vista we're pleased to present Stonecliff at 702-704 E Vista Way, Vista 92084. The property resides at the hilltop of a cul-de-sac and consists of two large detached single family homes; one - 3bed/2bath 1940's construction home and 1 - 2bed/2bath 1989 built home on an over 19K sq. foot lot. Both homes are spacious in size estimated at over 1500 sq ft each. The 3bed/2bath has a large lushly landscaped backyard with a 360 degree wrap-around driveway, koi pond, expansive panoramic views of Downtown Vista and a detached storage/office structure. The upstairs bedroom has a balcony with great views and the home includes a two-car dual-door garage that can be entered from the from the front or rear. The interior has recently been updated with new LVP flooring, dual pane windows & paint but still needs light cosmetic work. The 2bed/2ba has a single car garage and a back patio/deck with panoramic views. Both homes are two-story and equipped with w/d hookups. The 3bed/2ba is currently VACANT making this a good owner/user candidate. There is value-add through stabilizing the rent of the 2bed/2ba and/or converting the garages to ADU's. The property is centrally located just minutes from Vista Village; a quickly gentrifying region as home buyers/investors flock to affordability. Places of employment, entertainment, city transport, schools, restaurants are within close proximity and the beach in Oceanside is less than a 10 minute drive. The property is well positioned for continued appreciation as the Vista market and 78 corridor continues to improve and grow. This is a great opportunity investment opportunity for an owner-user or buyer looking to acquire a value add-asset through rent stabilization and/or adding ADU's.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$432 USD /SF

# OF UNITS

2

PRICE/UNIT

$600,000

CAP RATE

5.4%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stonecliff

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

SP-TS

APN/PARCEL ID

175-173-90-00

ASK ABOUT THIS PROPERTY

Cameron EbrahimiBridgePoint Realty, INCMore Info
858-380-8553

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Cameron EbrahimiBridgePoint Realty, INCMore Info
858-380-8553

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