NOT LISTED FOR SALE

747 E Indian Rock Rd Vista, CA 92084

Estimated Value: $685,000 - $840,000

4 Beds
2 Baths
1,496 Sq Ft
$522/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $787,674 $527 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,726/month

14 Days on Market

Highlights

  • Property is Fully Fenced
  • 1-Story Property
  • 3-minute walk to Luz Duran Park
  • Level Lot

About This Home

As of November 2024

Discover an amazing investment opportunity to own this charming duplex located within walking distance of vibrant Main Street Vista!!! This well-maintained property features two turn-key 2-bedroom, 1-bathroom units, each with its own private fully fenced yard, laundry hookups, off-street parking, and single-car garages. The current owner has made several thoughtful upgrades, including newer flooring, dual-paned windows, and updated landscaping with beautiful mature trees. The front unit has long-term, stable tenants on a month-to-month lease, while the back unit has been left vacant, providing an ideal situation for owner-occupied financing or immediate rental income. This duplex is perfectly situated, just steps from groceries, restaurants, a movie theater, schools, and public transportation, with easy access to major freeways and the beach. Whether you’re looking to live in one unit and collect rental income from the other or rent both at market rates, this property offers fantastic potential and options to the new owner. You could even look into the option of adding an ADU to the property by converting the garages into a 3rd unit. Opportunities like this don’t last long, so make an offer before it's gone!!

Last Agent to Sell the Property

Dylan O'Neill

LPT Realty,Inc License #02096031 Listed on: 10/23/2024

LPT Realty,Inc

Last Buyer's Agent

John Shannon

Solace Realty, Inc. License #01928641

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,120 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $25,523

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 175-062-11-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: E Indian Rock Rd & N Citrus Av
  • Neighborhood: Vista
  • LP / Sq Ft: 19.69
  • Stories: 1 Story
  • Sale Price List Price: 1.05
  • Total Stories: 1
  • Year Built: 1954
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Curbs, Public Street, Street Paved
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 175-062-11-00
  • Estimated Lot Sq Ft: 7120
  • Estimated Number of Acres: 0.16
  • Map Code Column: H
  • Map Code Page: 1087
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 25523
  • Gross Rent Multiplier Actual: 17.17
  • Gross Rent Multiplier Projected: 13.28
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 3, 2024
Sold by
Nauata Nelson I
Bought by
Nauata Nelson Isao and Moran Ivy Brooke
Seller's Agent
Dylan O'Neill
LPT Realty,Inc
Buyer's Agent
John Shannon
Solace Realty, Inc.
List Price
$749,000
Sold Price
$787,674
Premium/Discount to List
$38,674
5.16%
Views
146
Current Estimated Value
$780,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,680
Avg. Annual Appreciation
-0.76%
Original Mortgage
$761,385
Outstanding Balance
$754,251
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$26,743

Purchase Details

Listed on
Oct 23, 2024
Closed on
Nov 21, 2024
Sold by
Robert A Corr Ii Trust and Corr Robert A
Bought by
Nauata Nelson Isao
Seller's Agent
Dylan O'Neill
LPT Realty,Inc
Buyer's Agent
John Shannon
Solace Realty, Inc.
List Price
$749,000
Sold Price
$787,674
Premium/Discount to List
$38,674
5.16%
Views
146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$761,385
Outstanding Balance
$754,251
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$26,743

Purchase Details

Closed on
Apr 4, 2005
Sold by
Corr Robert A
Bought by
Corr Robert A

Purchase Details

Closed on
Jun 25, 2004
Sold by
Mesa William Aldo and Mesa Monica Helen
Bought by
Corr Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 2002
Sold by
Schmidt James V and Schmidt Teri
Bought by
Mesa William A and Mesa Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 2002
Sold by
Schmidt James V
Bought by
Schmidt James V and Schmidt Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
6.94%

Purchase Details

Closed on
Feb 4, 2002
Sold by
Hover Gary M and Hover Roberta A
Bought by
Schmidt James V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nauata Nelson Isao -- Lawyers Title
Nauata Nelson Isao $788,000 Lawyers Title
Nauata Nelson Isao $788,000 Lawyers Title
Corr Robert A -- --
Corr Robert A $422,000 Chicago Title Co
Mesa William A $287,000 Commonwealth Land Title Co
Schmidt James V -- First American Title Ins Co
Schmidt James V -- First American Title Ins Co
Schmidt James V $244,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nauata Nelson Isao $761,385
Closed Nauata Nelson Isao $761,385
Previous Owner Corr Robert A $260,000
Previous Owner Mesa William A $186,000
Previous Owner Schmidt James V $219,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $787,674 +5.2% $527 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $749,000 -- $501 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

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 $7,759 $787,674 $600,000 $187,674
2024 $7,759 $576,149 $478,263 $97,886
2023 $7,607 $564,853 $468,886 $95,967
2022 $7,592 $553,779 $459,693 $94,086
2021 $7,066 $510,000 $386,000 $124,000
2020 $6,966 $500,000 $379,000 $121,000
2019 $6,537 $460,000 $349,000 $111,000
2018 $6,379 $460,000 $349,000 $111,000
2017 $5,737 $400,000 $304,000 $96,000
2016 $5,317 $365,000 $278,000 $87,000
2015 $4,853 $320,000 $244,000 $76,000
2014 $4,378 $280,000 $214,000 $66,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240025147

San Diego MLS

APN: 175-062-11