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$2,350,000
Est. payment /mo
7,461 Sqft Lot
New
785 Lemon Ave Vista, CA 92084
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2507972
HOA Y/N No
Year Built 2025
Lot Size 7,461 Sqft
Property Sub-Type Duplex
Property Description
2025 NEW CONSTRUCTION! 2 duplexes totaling 4 units. HOMEBUYERS: use your Conventional, FHA or VA loan to live in 1 unit, rent remaining 3 to offset mortgage. INVESTORS: 1031 exchange before end of year. Projected gross cap rate 6.38% with $150,000/year estimated gross income. All units feature LG washer & gas dryer, Innovair mini splits, Frigidaire stainless steel appliances, gas stoves, quartz countertops, energy efficient dual pane windows, recessed LED lighting, water resistant vinyl oak flooring, tankless water heaters. Bottom units boast modern kitchens with white upper cabinets & oak lower cabinets; 3b/2b unit complete with dishwasher & pantry. Top units feature popular sage green kitchen cabinets & islands with bar seating. All with sleek gold hardware & fixtures. Outside you'll find new composite shingle roof, gutters, owned solar, vinyl siding & tinted concrete to match, decorative wood pillars, fresh landscaping. On-site & street parking. Units separately metered. Located close to Moonlight Amphitheatre, Alta Vista Botanical Gardens, downtown Vista shopping & restaurants, easy freeway access to the beach! Unit 1: Lower level 3b/2b, est. rent $3,800/mo Unit 2: Top level 2b/1b, est. rent $2,900/mo Unit 3: Lower level 2b/1b, est. rent $2,900/mo Unit 4: Top level 2b/1b, est. rent $2,900/mo
Location
State CA
County San Diego
Area 92084 - Vista
Zoning Zoning Code R-1:Single Fa
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Suburban
View Y/N No
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
New Construction Yes
Others
Senior Community No
Tax ID 1751023900
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2507972

Listed by Malena Boetel eXp Realty of California, Inc. malenasellssandiego@gmail.com
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