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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$1,175,000

Est. payment - /mo

7 Beds

3 Baths

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Vista

MLS Listing ID 260009551

Bedrooms 7

Full Baths 3

Year Built 1964

Property Sub-Type Res Income 2-4 Units

Property Description

PROPERTY IS TENANT OCCUPIED, PLEASE DO NOT DISTURB TENANTS. Exceptional value-add opportunity in the heart of Vista with approved plans in place and significant upside potential. This unique property currently features two permitted units generating stable income, with an exciting opportunity to convert an existing structure into a third unit — a spacious 2-bedroom, 1-bath residence approximately 820 sq ft. With permits already approved, much of the heavy lifting has been done, allowing a buyer to step in and unlock immediate additional income and value. Projected rental income after completion positions this property as a strong performer with increased cash flow and long-term appreciation potential. Beyond the current plans, the property is also zoned for an additional ADU, offering the rare opportunity to expand to a 4-unit configuration. The lot provides the space and flexibility to execute a multi-phase value-add strategy, making this an ideal investment for those looking to scale. Whether you're an investor seeking forced appreciation and long-term upside, or an owner-occupant looking to offset your mortgage with rental income, this property offers a compelling combination of current income, approved expansion, and future development potential. Located in a desirable North County setting with convenient access to shopping, dining, and major commuter routes, this is a rare chance to acquire a property with both immediate stability and scalable growth.

Location

State CA

County San Diego

Community Other/Remarks

Area North County

Interior

Heating Fireplace, Wall/Gravity

Fireplace No

Exterior

Fence Partial

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc Meter on Property

View City, Evening Lights, Mountains/Hills, Panoramic

Roof Type Composition

Building

Story 2

Water Meter on Property

Level or Stories 2

Others

Senior Community No

Tax ID 175-370-03-00

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://www.propertypanorama.com/instaview/snd/260007885

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Listed by J.R. St Julien, DRE#02016233 eXp Realty of California, Inc.

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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615 Truly Ter Vista, CA 92084