NOT LISTED FOR SALE

226 E California Ave Vista, CA 92084

3 Beds
2 Baths
4,378 Sq Ft
-- Built

Sale Details

Date Sold: July 14, 2023

Last sale price $1,925,000 $440 Per Sq Ft

47 Days on Market

About This Home

As of July 2023

The property located at 226-240 E California Avenue is a unique value-add opportunity in the heart of Vista, CA, a submarket of North County San Diego. Situated on a large lot (over 20,000sqft) the building contains (5) 1Br/1Ba apartments, (3) 2br/1ba apartments, (10) garages and laundry facilities. Most units have private outdoor space with potential to create private outdoor spaces for all units. The property is ripe for a value-add investor to improve the property via cosmetic upgrades and obtain market rents. Currently all tenants are on MTM leases and leasing at rates over 50% below market rents. There are 10 single car garages on site as well. Two of the six structures on the lot are comprised of 4 single car garages totaling approx 1,000sqft of space. These two structures offer a prime opportunity for one to create at least two ADU's and truly bring out the highest and best of this rare investment opportunity.

Last Agent to Sell the Property

Josh Browar

The Browar Group License #01824454 Listed on: 03/27/2023

Last Buyer's Agent

Angelo La Bruna

Apartment Realty Group (ARG) License #01991625

Property Details

Home Type

  • Multi-Family

Home Design

  • Composition Roof

Interior Spaces

  • 3 Bedrooms
  • 4,378 Sq Ft Home
  • 2-Story Property

Parking

  • Garage
  • Parking Available

Additional Homes

  • Number of ADU Units: 5

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $8,520

Community Details

Overview

  • 6 Buildings
  • 8 Units

Building Details

  • 7 Leased Units
  • Operating Expense $52,710

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 1 Story, 2 Story
  • Property Sub Type: Com-Res Income
  • Community Features: None
  • Co List Office Mls Id: 7927
  • Living Area: 4378.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-07-01T07:52:15Z
  • FullAddress: 226-240 E California Avenue
  • NumofLeasedApartments: 7
  • SDMLS_NumofADUUnits: 5.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3
  • Flooring: Other/Remarks

Exterior Features

  • Roof: Composition
  • Construction Type: None, Remarks

Garage/Parking

  • Parking Features: Garages, Spaces, Other/Remarks

Utilities

  • Cooling: None
  • Heating: Wall
  • Laundry Features: Owned

Multi Family

  • Number Of Buildings: 6
  • Number Of Units Total: 8
  • Annual Operating Expense: 52710.0
  • Total Actual Rent: 8520.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Jul 13, 2023
Sold by
Bought by
Seller's Agent
Josh Browar
The Browar Group
Buyer's Agent
Angelo La Bruna
Apartment Realty Group (ARG)
List Price
$2,000,000
Sold Price
$1,925,000
Premium/Discount to List
-$75,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$831,750
Interest Rate
0.0679%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 8, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 1985

Purchase Details

Closed on
Jul 31, 1985
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,877,000 Chicago Title
-- None Available
$165,000 Commonwealth Land Title Co
$148,841 Chicago Title Co
$192,500 --
$192,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,000,000
Closed $831,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $1,925,000 -3.8% $440 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $2,000,000 0.0% $457 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $2,000,000 -- $457 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,562 $1,914,412 $1,428,000 $486,412
2024 $24,562 $1,876,875 $1,400,000 $476,875
2023 $17,822 $1,262,469 $504,986 $757,483
2022 $13,827 $1,237,716 $495,085 $742,631
2021 $17,401 $1,213,448 $485,378 $728,070
2020 $17,275 $1,201,007 $480,402 $720,605
2019 $17,046 $1,177,459 $470,983 $706,476
2018 $16,394 $1,154,373 $461,749 $692,624
2017 $122 $1,131,740 $452,696 $679,044
2016 $14,622 $1,000,000 $261,000 $739,000
2015 $12,516 $800,000 $209,000 $591,000
2014 $11,327 $700,000 $183,000 $517,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230005604

San Diego MLS

APN: 175-092-20-00

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