$2,225,000
$2,275,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
785 Lemon AVE Vista, CA 92084
7,461 Sqft Lot
Key Details
Sold Price $2,225,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2602906
Sold Date 06/03/26
HOA Y/N No
Year Built 2025
Lot Size 7,461 Sqft
Property Sub-Type Quadruplex
Property Description
Built in 2025, this low-maintenance, 3/4 leased fourplex offers immediate cash flow with long-term upside. The property generates $147,000/year in gross income with separately metered gas & electric, owned solar, and all new systems and finishes - ideal for 1031 exchange buyer seeking stabilized returns with extremely low expenses or residential buyer in the market to house hack. Each unit is thoughtfully designed to attract high-quality tenants, featuring quartz countertops, stainless steel appliances, in-unit LG washer/dryers, Innovair mini splits, tankless water heaters, and durable vinyl oak flooring. Unit mix includes a highly desirable 3 bed/2 bath owner's unit option, and three 2 bed/1 bath units with varying modern kitchen designs. New roof, foundation, plumbing, electric, windows, landscaping - all new inside and out! Located near Vista's growing dining and entertainment, including Moonlight Amphitheatre and Alta Vista Botanical Gardens, with easy freeway access to the coast. Rents: Unit 1 $3,800 (pro forma) | Unit 2 $2,900 | Unit 3 $2,750 | Unit 4 $2,800
Location
State CA
County San Diego
Area 92084 - Vista
Zoning R-1
Interior
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace No
Laundry Inside, Stacked
Exterior
Fence Partial, Wood
Pool None
Community Features Sidewalks
View Y/N No
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Others
Senior Community No
Tax ID 1751023900
Acceptable Financing Cash, Conventional, 1031 Exchange, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, VA Loan
Special Listing Condition Standard
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Bought with Angela Slizewski Seven Gables Real Estate
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