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    1626 N Santa Fe Ave

    Vista, CA 92083
    • $11,450,000
    • STATUS: ACTIVE
    • ON SITE: 185 days
    • ID#: 200018436
    UPDATED: 31 min ago
    $11,450,000
    • 3
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Pleased to present the opportunity to acquire Villa Santa Fe & Pond Place Apartments. Villa Santa Fe is a thirty-four unit multi-family community constructed in 1978 & Pond Place is a twenty-four unit multi-family community constructed in 1972. The two properties are in the City of Vista, California on respectively separate and contiguous parcels totaling a spacious 2.76 acres. This offering features a combined unit mix of (18) Two Bedroom / Two Bath, (6) One Bedroom / One Bath, and (34) Studio apartments. Investors are provided the option of purchasing the two properties together or they can be purchased individually. Acquiring the buildings together allows investors the distinct advantage of selling the buildings off separately to capitalize on future opportunities.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/105289477
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    1626 N Santa Fe Ave Vista, CA 92083

    • Price: $11,450,000
    • Status: ACTIVE
    • Updated: 31 min ago
    • ID#: 200018436
    3
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Vista (92083)
    County:
    San Diego
    Area:
    Vista (92083)
    Property Description
    Pleased to present the opportunity to acquire Villa Santa Fe & Pond Place Apartments. Villa Santa Fe is a thirty-four unit multi-family community constructed in 1978 & Pond Place is a twenty-four unit multi-family community constructed in 1972. The two properties are in the City of Vista, California on respectively separate and contiguous parcels totaling a spacious 2.76 acres. This offering features a combined unit mix of (18) Two Bedroom / Two Bath, (6) One Bedroom / One Bath, and (34) Studio apartments. Investors are provided the option of purchasing the two properties together or they can be purchased individually. Acquiring the buildings together allows investors the distinct advantage of selling the buildings off separately to capitalize on future opportunities.
    Interior Features

    Sq Ft Of Improvement 37430

    Property Features

    Actual Gross Scheduled Income 727803.0 Actual Operating Expense 343983 Assumable Finance 0 Gross Equity 11300000 Gross Multiplier 15.97 Have 58 Units Mandatory Remarks None Known Market Area North County Motive Want Sell Unit Number1 18 Unit Number2 6 Unit Number3 34

    Listing provided courtesy of Marcus & Millichap. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101