$709,000
●
House -
Off Market
537 Plumosa Avenue 1/4
Vista, CA 92081
5 Beds
3 Baths,
1
Half Bath
3,472 Ft²
$1,089,884
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Wow, don't miss this great Vista home with detached guest house and
garage/workshop! The main home measures at 2,824 Sq. Ft. and
includes 3 bedrooms plus a home office/optional 4th bedroom, 2 1/2
baths and a 3 car garage. The detached guest house is 648 Sq. Ft.
with full kitchen, bedroom, and bath built over a 2 car
garage/workshop. The main home is move in ready with updated
kitchen with granite, brick fireplaces, spacious master and a paid
for solar electric system! Great home, great area, great price!
Owner has the original plans of the house and photos. Renters
in there now would love to stay on the property.
Neighborhoods: Vista Other Fees: 0 Sewer: Sewer
Connected, Public Sewer Topography: LL Guest House Est. SQFT: 648
Unit Size
3,472 Ft²
Days on Market
40 days
Land Size
0.51 acres
Price per sqft
$207
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (SDMLS #180024930)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by Realty Place | $849,000 | |
| Listed by Realty Place | |||
| | |||
|
Prime fixer on 1.33 acres in Vista, west of Hwy 78 with west/north westerly views. Multiple use opportunities include renovating the existing home, adding an ADU for additional income/multi-generational living or exploring the recently adopted Senate Bill 9 (SB-9). Alternatively, per San Diego County zoning, it appears the property is divisible into two, possibly three lots. The existing single level residence exhibits 3 BR, 2 BA with 1,452 sq. ft. per public records plus approximately 359 sq. ft. of enclosed storage/shop area (permits unknown). This area could easily be upgraded to an office, music room or workshop. The kitchen improvements have been removed due to a prior plumbing leak, thus cash or nonconventional financing is anticipated. The parcel is located in an unincorporated county area of San Diego, not the city of Vista.
| |||
| Jun 19, 2018 | Sold | ||
| Sold | |||
| May 10, 2018 | Listed by Coldwell Banker Realty | $719,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About San Diego
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Listed by: Casey Cooke, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180024930
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180024930
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