NOT LISTED FOR SALE

1219 Arcadia Ave Vista, CA 92084

9 Beds
7 Baths
4,300 Sq Ft
1980 Built

Last Sold October 16, 2023

Last sale price $1,350,000 $314 Per Sq Ft

11 Days on Market

About This Home

As of October 2023

Fantastic opportunity to purchase this 4-unit income producing property in the growing submarket of Vista, CA. The property consists of (1) 3Bedroom / 2Bathroom Unit, (2) 2Bedroom / 2Bathroom Units, and (1) 2Bedroom / 1Bathroom Unit. In addition units feature yards, balconies, and garages. This asset is perfect for an owner occupant or a value-add investor looking to increase value and rents through renovation. The property is conveniently located off E Vista Way near shops, local services, CA-78 & CA-76. Seller will carry the financing.

Last Agent to Sell the Property

Angelo La Bruna

Apartment Realty Group (ARG) License #01991625 Listed on: 08/03/2023

Last Buyer's Agent

James V. Carter

Apartment Realty Group (ARG) License #01352336

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 2-Story Property
  • Gated Home

Community Details

  • 4 Units
  • Net Operating Income $44,231

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 173-470-08-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: E Vista Way / Arcadia
  • Neighborhood: Central Vista
  • LP / Sq Ft: 15.28
  • Stories: 2 Story
  • Sale Price List Price: 0.93
  • Total Stories: 2
  • Year Built: 1980
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Gate
  • Roof: Composition

Condo/Co-op/Association

  • Community: VISTA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-M(15)
  • Assessor Parcel Number: 173-470-08-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 44231
  • Gross Rent Multiplier Actual: 18.88
  • Gross Rent Multiplier Projected: 11.24
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 1200
  • Other Income Projected: 1200.0
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2023 10/16/23 Sold $1,350,000 -6.9% $314 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $1,450,000 +94.6% $337 / Sq Ft
04/23/2014 04/23/14 Sold $745,000 0.0% $173 / Sq Ft View Prior Sale
03/25/2014 03/25/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $745,000 -- $173 / Sq Ft
Source: San Diego MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,834 $1,377,000 $612,000 $765,000
2024 $14,834 $1,350,000 $600,000 $750,000
2023 $11,639 $877,794 $347,355 $530,439
2022 $11,614 $860,584 $340,545 $520,039
2021 $11,361 $843,711 $333,868 $509,843
2020 $11,289 $835,061 $330,445 $504,616
2019 $11,137 $818,688 $323,966 $494,722
2018 $10,683 $802,636 $317,614 $485,022
2017 $10,522 $786,899 $311,387 $475,512
2016 $10,282 $771,471 $305,282 $466,189
2015 $10,222 $759,884 $300,697 $459,187
2014 $9,424 $700,000 $277,000 $423,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230015043

San Diego MLS

APN: 173-470-08-00

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