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467-475 N Melrose Dr
Vista, CA 92083
Value-Add, 7.9% Proforma CAP · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Prime Vista Location on N Melrose Across from Vista Focus Academy
- 4 Units (+1 Nonconforming 5th Unit)
- Large, Fully Gated 11,507sf Lot
- Great Unit Mix: Three (3) 1Bed / 1Bath + Two (2) 2Bed / 1Bath
- Value Add Opportunity: Approx. 37% Upside in Rents
- Plenty of Off Street Parking: Eight (8) Spaces
Property Facts
Amenities
Unit Amenities
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,475 | 700 |
| 2+1 | 2 | $1,800 | 900 |
Property Taxes
| Parcel Number | 163-470-11 | Improvements Assessment | $293,640 |
| Land Assessment | $293,640 | Total Assessment | $587,280 |
Property Taxes
Parcel Number
163-470-11
Land Assessment
$293,640
Improvements Assessment
$293,640
Total Assessment
$587,280
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