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East Vista Way Duplex 772 E Vista Way

2 Unit Block of Flats £700,293 (£350,146/Unit) Vista, CA 92084

Investment Highlights

  • ADU Potential
  • Attached Garages & Backyards
  • Massive Rental Upside Potential
  • Washer/Dryers in Unit
  • Ample Parking for Tenants & Guests
  • Large 18K Sq. Ft Lot

Executive Summary

Featuring 772 E Vista Way located in the heart of Vista. The subject property is comprised of two - large 2bed/2ba units on a 18,133 sq foot lot. Both units are over 1100 sq ft with private backyards and attached garages. There is ample parking for tenants and guests and the lot/zoning allows the addition of two detached 1200 sq. ft ADU's. Both units also have washer and dryers in unit. Tenants are long term and significantly below market providing substantial rental upside to over a 5% CAP through minor cosmetic upgrades and rent stabilization.
The property is centrally located within walking distance to a vital corridor of Vista (Vista Way). Restaurants, schools, city transport and employment are all a short walks distance to the property making it convenient for tenants. The 78 corridor and Vista is a drastically improving sub-market of San Diego as gentrification spreads eastward from the coast. Vista is an area that is quickly improving and a great area for a first time investment or addition to a growing portfolio.
Please contact Cameron Ebrahimi for all inquiries.
Please do not walk on property or disturb tenants. Shown with an offer only.

Financial Summary (Pro forma - 2025)

Annual Annual Per SF
Gross Rental Income £50,703 £22.64
Other Income - -
Vacancy Loss £1,521 £0.68
Effective Gross Income £49,182 £21.96
Taxes - -
Operating Expenses - -
Total Expenses £14,289 £6.38
Net Operating Income £34,893 £15.58

Financial Summary (Pro forma - 2025)

Gross Rental Income
Annual £50,703
Annual Per SF £22.64
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual £1,521
Annual Per SF £0.68
Effective Gross Income
Annual £49,182
Annual Per SF £21.96
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £14,289
Annual Per SF £6.38
Net Operating Income
Annual £34,893
Annual Per SF £15.58

Property Facts

Price £700,293
Price Per Unit £350,146
Sale Type Investment
No. Units 2
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.41 AC
Building Size 2,240 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1972
Parking Ratio 3.57/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Refrigerator
  • Tub/Shower

Site Amenities

  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+2 2 £1,448 1,100
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code Townsite Specific Plan (The purpose of the Vista Townsite Specific Plan is to promote the revitalization and restoration of this neighborhood of Vista.)
Townsite Specific Plan (The purpose of the Vista Townsite Specific Plan is to promote the revitalization and restoration of this neighborhood of Vista.)
  • Listing ID: 34101590

  • Date on Market: 05/12/2024

  • Last Updated:

  • Address: 772 E Vista Way, Vista, CA 92084

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