1023 Oak Dr

    Vista, CA 92084
    • $1,125,000
    • STATUS: ACTIVE
    • ON SITE: 84 days
    • ID#: 190041208
    UPDATED: 57 min ago
    $1,125,000
    • 9
      BEDS
    • N/A
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 4,590
      SQFT
    • $245
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    The Oakcrest Apartments represent a true value add investment in today's market. With current rents that are well below market there is ample room to grow the income with minimal initial investment. The spacious units feature tile flooring, large floor plans, vinyl windows, and modern appliances. Select units have fireplaces and dishwashers. The property is well located near shopping and new development in a neighborhood of mostly single family homes and is relatively young having been built in 1980.

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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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.forsalesandiego.com/homes/97289785

    1023 Oak Dr Vista, CA 92084

    • Price: $1,125,000
    • Status: ACTIVE
    • Updated: 57 min ago
    • ID#: 190041208
    9
    Beds
    8
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,590
    SQFT
    $245
    $/SQFT
    1980
    Built
    Neighborhood:
    Vista North
    County:
    San Diego
    Area:
    Vista (92084)
    Property Description
    The Oakcrest Apartments represent a true value add investment in today's market. With current rents that are well below market there is ample room to grow the income with minimal initial investment. The spacious units feature tile flooring, large floor plans, vinyl windows, and modern appliances. Select units have fireplaces and dishwashers. The property is well located near shopping and new development in a neighborhood of mostly single family homes and is relatively young having been built in 1980.
    Exterior Features

    Exterior Wood/Stucco Fencing N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 3

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 4 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

    Property Features

    Actual Cap Rate 0 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 22375 Annual Expense Projected 22375 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0 Community Vista Complex Features Laundry Facilities Complex Park Oakcrest Apartments Cross Streets Oak And E Vista Way Gross Rent Multiplier Actual 0 Gross Rent Multiplier Project 13.1 Gross Scheduled Income Actual 59400 Gross Scheduled Income Project 85800 Mandatory Remarks None Known Market Area North County Monthly Total Fees 0 Net Operating Income Projected 60851 Other Fees 0 Other Income Actual 0 Projected Cap Rate 5.4 Projected Other Income 100 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Cable TvElectricityGas/Propane Terms CashConventional Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit Number4 D Unit1 Deposit 750 Unit1 Occupied Tenant Unit1 Projected Rent 2000 Unit1 Rent Actual 1650 Unit2 Deposit 500 Unit2 Occupied Tenant Unit2 Projected Rent 1650 Unit2 Rent Actual 800 Unit3 Deposit 500 Unit3 Occupied Tenant Unit3 Projected Rent 1650 Unit3 Rent Actual 1250 Unit4 Deposit 500 Unit4 Occupied Tenant Unit4 Projected Rent 1650 Unit4 Rent Actual 1250 Water District Vista Irrigation District

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2019 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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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