NOT LISTED FOR SALE

212 Apollo Dr Vista, CA 92084

7 Beds
5 Baths
4,000 Sq Ft
10,218 Sq Ft Lot

Last Sold December 31, 2024

Last sale price $1,375,000 $344 Per Sq Ft

128 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • No Heating
  • Laundry Room

About This Home

As of December 2024

Three-unit income property with huge upside potential. Well-maintained custom-built triplex with 4 bd/3 ba 1400 SF downstairs unit and (2) 3 bd/2 ba upstairs unit w/ 1,150 and 1,200 SF. Each unit has private garage, patio areas and lots of storage. Community laundry room has potential for additional income. Rents are below market with long term tenants. All are eligible for annual rent increases under Statewide rent control. Unit C remodeled last year and unit B remodeled 5 years ago.

Last Agent to Sell the Property

Thomas Bryan

Thomas Bryan, Broker Brokerage Email: tombryan@earthlink.net License #00641504 Listed on: 08/06/2024

Last Buyer's Agent

MARY MAZAHERI

Compass License #01279471

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 10,218 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex
  • Entry on the 1st floor
  • Concrete Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 78
  • Assessor Parcel Number 1730923900

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,584
  • Trash Expense $4,080
  • Water Sewer Expense $1,485
  • New Taxes Expense $18,119
  • Operating Expense $30,000
  • Gross Income $75,240
  • Net Operating Income $45,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 2.87
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1485.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1730923900
  • Year Built: 1987
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 343.75

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Other
  • Trash Expense: 4080.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10218.00
  • Lot Size Acres: 0.2346

Multi Family

  • Gross Income: 75240.00
  • Gross Operating Income: 75240.00
  • Gross Scheduled Income: 75240.00
  • Insurance Expense: 1584.00
  • Lot Size Area: 10218.0000 Square Feet
  • Net Operating Income: 45240.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 30000.00
  • Rent Control: Yes
  • Total Actual Rent: 6290.00
  • Total Expenses: 30000.00

Tax Info

  • New Taxes Expense: 18119.00
  • Tax Lot: 7
  • Tax Tract Number: 78-12

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $1,375,000 -3.5% $344 / Sq Ft
12/03/2024 12/03/24 Price Changed $1,425,000 -9.5% $356 / Sq Ft
08/06/2024 08/06/24 Price Changed $1,575,000 -99.0% $394 / Sq Ft
08/06/2024 08/06/24 For Sale $157,500,000 -- $39,375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Bryan

    Seller's Agent in 2024

    Thomas Bryan

    Thomas Bryan, Broker

    (760) 402-8875

    Thomas Bryan
    Section Image

  • M

    Buyer's Agent in 2024

    MARY MAZAHERI

    Compass

  • C

    Buyer's Agent in 2024

    Curtis Sword

    Premiere Real Estate

    (760) 420-8560

    4 Total Sales

    Curtis Sword
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2406996

California Regional Multiple Listing Service (CRMLS)

APN: 173-092-39-00

California San Diego County Vista 92084

212 Apollo Dr, Vista, CA

Not Listed for Sale

MultiFamily

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