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184 E East Drive

Vista, CA 92084
  • $910,000
  • STATUS: Active
  • ON SITE: 149 Days
  • ID#: NDP2305230
UPDATED: 70 min ago
$910,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Listing Agent(s): Dale Lawrence of Dale Lawrence, Broker (760-717-3700)


Description

NOTE: Seller prefers to execute concurrent sale/close on 178, 184 E. East and 1042 N. Citrus to one buyer. Three identical buildings. 1042 N. Citrus just received a $150,000 full interior remodel. Bulk price $2,740,000. Two story duplex in prime Vista Location. Late eighties construction with fresh exterior paint and driveway. Upper2/2 unit recently refreshed and leased to new tenant at market of $2,400. Lower large 3br/2ba unit has new LVP flooring and is leased to long term tenant below market at $2000 per month. Due for an increase to $2,200 soon. Market rent on lower unit is $2,900 which would bring to a solid 4.5 cap rate. Each unit has a one car garage. Unit 178 next door in identical and also offered for sale. Agent is owner.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T20:34:03.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/141246696
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184 E East Drive Vista, CA 92084

  • Price: $910,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 70 min ago
  • ID#: NDP2305230
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1987
Built
Neighborhood:
92084 - Vista
County:
San Diego
Area:
92084 - Vista
Property Description
NOTE: Seller prefers to execute concurrent sale/close on 178, 184 E. East and 1042 N. Citrus to one buyer. Three identical buildings. 1042 N. Citrus just received a $150,000 full interior remodel. Bulk price $2,740,000. Two story duplex in prime Vista Location. Late eighties construction with fresh exterior paint and driveway. Upper2/2 unit recently refreshed and leased to new tenant at market of $2,400. Lower large 3br/2ba unit has new LVP flooring and is leased to long term tenant below market at $2000 per month. Due for an increase to $2,200 soon. Market rent on lower unit is $2,900 which would bring to a solid 4.5 cap rate. Each unit has a one car garage. Unit 178 next door in identical and also offered for sale. Agent is owner.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 2 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Spa YN No View YN No

Interior Features

Appliances Washer Common Walls 1 Common Wall Cooling YN No Fireplace YN No Heating YN No

Property Features

Association Fee 0 Association YN No Cap Rate 4.5 Community Features CurbsGutter(s) Garage YN Yes Gross Income 55200 Gross Scheduled Income 55200 Insurance Expense 1250 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupLaundry Closet Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalFHA Net Operating Income 38622 New Taxes Expense 10500 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 14178 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4400 Trash Expense 500 Water Sewer Expense 1500 Water Source Public Zoning R-2:MINOR MULTIPLE



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T20:34:03.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Dale Lawrence of Dale Lawrence, Broker (760-717-3700)