Listing Agent: Malena Boetel      Broker/Office: Serhant California Inc
Unit 1-4 785 Lemon Avenue Vista CA 92084
$ 2,275,000
  9   |    5   |    3654 Sq Feet

Listing ID

#PTP2602902

Status

Active

Property Type

Quadruplex

County

San Diego

Year Built

2025

Days on website

7

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 owner’s 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 Vista’s 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
Location
Financial Information
List Price:  $ 2275000
Property Features
Appliances:  Dishwasher, Disposal, Microwave, Refrigerator
Community Features:  Sidewalks
Flooring:  Vinyl
High School District:  Vista Unified
Laundry Features:  Inside, Stacked
Levels:  Two
Roof:  Shingle
Senior Community YN:  false
View:  Neighborhood
High School District:  Vista Unified
Senior Community YN:  false
MLS Area Major:  92084 - Vista
City:  Vista
Listed By:   Malena Boetel   Serhant California Inc 
Co-listed by
Amber Welch  
CA Lic#