Bill Maddox, DRE#01972575, REALTOR®
(805) 215-0729
BEDS9
BATHS5 full
SQUARE FEET3,654
MLS#PTP2602902
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLVista Unified
Listing Courtesy of:
Serhant California Inc
Agency Phone: 619-467-0052
Associate Name: Malena Boetel
Listing Shown by:
Farrell Smyth, Inc.
Associate Name: Bill Maddox, DRE#01972575, REALTOR®
Property Description
Built in 2025, this low-maintenance, 3/4 leased fourplex offers immediate cash flow with long-term upside. The property generates $147,000/year in gross income with separately metered gas & electric, owned solar, and all new systems and finishes - ideal for 1031 exchange buyer seeking stabilized returns with extremely low expenses or residential buyer in the market to house hack. Each unit is thoughtfully designed to attract high-quality tenants, featuring quartz countertops, stainless steel appliances, in-unit LG washer/dryers, Innovair mini splits, tankless water heaters, and durable vinyl oak flooring. Unit mix includes a highly desirable 3 bed/2 bath owners unit option, and three 2 bed/1 bath units with varying modern kitchen designs. New roof, foundation, plumbing, electric, windows, landscaping - all new inside and out! Located near Vistas growing dining and entertainment, including Moonlight Amphitheatre and Alta Vista Botanical Gardens, with easy freeway access to the coast. Rents: Unit 1 $3,800 (pro forma) | Unit 2 $2,900 | Unit 3 $2,800 | Unit 4 $2,800
Property Features
Property Type: Multi Unit - Multiple
Cooling: WallWindowUnits
Heating: SeeRemarks
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 2025
Amenities
BedroomOnMainLevel
Feature Descriptions
Appliances: Dishwasher, GasCooktop, Disposal, Microwave, Refrigerator, TanklessWaterHeater
Community Features: Sidewalks
Days on Site: 1
Fireplace: None
Flooring: Vinyl
Laundry: Inside, Stacked
Lot: ZeroToOneUnitAcre
Parcel#: 1751023900
Sewer: PublicSewer
Special View Info: Neighborhood
Local Schools
School District: Vista Unified
Listed By / Shown By
Listed By
Agency Name: Serhant California Inc
Agency Phone: 619-467-0052
Agent Name: Malena Boetel
Shown By
Agent Name: Bill Maddox, DRE#01972575, REALTOR®
Agent Phone: (805) 215-0729
Agency Title: Farrell Smyth, Inc.
Estimate Your Payment
Estimated Payment
$ 5,726.71 per month $5,063.16 Principal & Interest $0.00 Property Tax (data not provided by mls) $663.54 Homeowner's InsuranceChange Payment Information
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785 Lemon Avenue, Unit 1-4 | MLS# PTP2602902
This multi-family property located at 785 Lemon Avenue, Unit 1-4, Vista, CA 92084 is currently listed for sale with an asking price of $2,275,000. Lemon Avenue, Unit 1-4 is located within the Vista Unified school district. Search Vista real estate on billmaddox.farrellsmyth.com today.