785 Lemon Ave 1-4, Vista, CA 92084
List Price: $2.27M
Listing Status: Active
0Days on Market: 0
9 Bedrooms · 5 Bathrooms · 3,654 sq ft
Property Type: Residential
Year Built: 2025
Lot Size: 7,464 sq ft
Private Pool: Yes
MLS Number: PTP2602902
About This Property
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: Rents: Unit 1 $3,800 (pro forma) | Unit 2 $2,900 | Unit 3 $2,800 | Unit 4 $2,800