1017 Crest View Road

    Vista, CA 92081
    • $1,175,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 190050353
    UPDATED: 173 min ago
    $1,175,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Great 4 unit complex with 4 garages and a storage areas. The property has been under the same ownership for the past 15 years. The owner is ready to sell, does not need a 1031 exchange. The CAP Rate is 6.75 including rents and $500 monthly rent for one garage and one storage room. The new owners CAP RATE including adjusted real property taxes based on the asking price is 5.74 and the gross rent multiplier is just over 13. The property is also close to the mass transit station. Neighborhoods: Rancho Vista Other Fees: 0 Sewer: Septic Installed,Sewer Available,Perc Update Needed Unit # for Unit 1: 1017 Unit # for Unit 2: 1017 1/2 Unit # for Unit 3: 1019 Unit # for Unit 4: 1021 Number of Furnished Units: 0 Topography: GSL

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-23T00:38:20.887. 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 deemed reliable but is not guaranteed accurate by the MLS or Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/98840181

    1017 Crest View Road Vista, CA 92081

    • Price: $1,175,000
    • Status: Active
    • Updated: 173 min ago
    • ID#: 190050353
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1940
    Built
    Neighborhood:
    Vista
    County:
    San Diego
    Property Description
    Great 4 unit complex with 4 garages and a storage areas. The property has been under the same ownership for the past 15 years. The owner is ready to sell, does not need a 1031 exchange. The CAP Rate is 6.75 including rents and $500 monthly rent for one garage and one storage room. The new owners CAP RATE including adjusted real property taxes based on the asking price is 5.74 and the gross rent multiplier is just over 13. The property is also close to the mass transit station. Neighborhoods: Rancho Vista Other Fees: 0 Sewer: Septic Installed,Sewer Available,Perc Update Needed Unit # for Unit 1: 1017 Unit # for Unit 2: 1017 1/2 Unit # for Unit 3: 1019 Unit # for Unit 4: 1021 Number of Furnished Units: 0 Topography: GSL
    Exterior Features

    Fence YN Yes Fencing Partial Lot Features Sprinklers Manual Roof Composition

    Interior Features

    Appliances Gas Water Heater Appliances YN Yes Cooling None Cooling YN No Heating ElectricNatural Gas Heating YN Yes Levels One

    Property Features

    Association Fee 0.00 Cap Rate 6.75 Country Us Gross Scheduled Income 89520.00 Net Operating Income 79320.00 Number With Dishwasher 4 Number With Patio 3 Number With Range 4 Number With Refrigerator 4 Subdivision Name Other Vista Tenant Pays Cable TvElectricityGas

    Listing provided courtesy of Michael Hannon of E & V Ranch And Coast, Inc. and Quentin Smith of E & V Ranch And Coast, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-23T00:38:20.887. 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 deemed reliable but is not guaranteed accurate by the MLS or Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604