1017 Crest View Road, Vista Property Listing: MLS® #190050353

PRICE REDUCED. 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

1017 Crest View Road, Vista Property Listing: MLS® #190050353 Close
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Jacqueline Thompson

(949) 326-3392
  • MLS® #: 190050353
  • 1017 Crest View Road

  • Vista, CA 92081
  • $1,125,000 REDUCED
  • Residential Income
  • Agent: Michael Hannon(01251528)
  • Office: E & V Ranch And Coast, Inc.

PRICE REDUCED. 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

Essential Information

  • MLS® #190050353
  • Price$1,125,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1940
  • TypeResidential Income
  • StatusActive

Community Information

  • Address1017 Crest View Road
  • SubdivisionVista
  • CityVista
  • CountySan Diego
  • StateCA
  • Zip Code92081

Interior

  • AppliancesGas Water Heater
  • HeatingElectric, Natural Gas
  • CoolingNone
  • # of Stories1
  • StoriesOne Level

Exterior

  • Lot DescriptionSprinklers Manual
  • RoofComposition

Additional Information

  • Date ListedSeptember 10th, 2019
  • Days on Market36

Property Location

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Price Change History for 1017 Crest View Road, Vista, CA (MLS® #190050353)

Date Details Price Change
Price Reduced (from $1,175,000) $1,125,000 $50,000 (4.26%)

Based on information from California Regional Multiple Listing Service, Inc. as of October 17th, 2019 at 7:58pm CDT. 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.