705 Grapevine Rd, Vista, CA 92083

$1,495,000

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List Price
$1,495,000
Status
ACTIVE
MLS#
PTP2608130
Year Built
1959
Lot Size
22,651
Acres
0.52
Lot Location
2-5 Units/Acre, Corner Lot
Days on Market
2
Property Type
Multifamily

Property Description

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.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$109,020
Operating Expense
12490

Listing courtesy of Listing Agent: Lucas Morse (propertyprosmgt@gmail.com) from Listing Office: Property Pros Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.