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422 Massachusetts Avenue, Vista, CA 92084

Commercial property · 2 recorded sales since 2015

422 Massachusetts Avenue, Vista, CA 92084 Sold October 2015 CRMLS
$938,000Sold October 2015

Listing Agent: Benn Vogelsang (DRE #01883437) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Jeff Diller · South Coast Commercial, Inc. · MLS #150023740 · Source: CRMLS

6
Units
5.80%
Cap Rate
$57,431
NOI
15,000 sqft
Lot Size
Commercial property
Type

About this commercial property

The subject property consists of (2) two adjacent triplexes situated each on 7,500 SF lots. Each triplex has 3 garages under (2) two 2 Bed / 2 Bath appx 850 SF units built in 1988. 422 Massachusetts Ave has a 3 Bed / 2 Bath house appx 1,178 SF in front of the units and garages. 428 Massachusetts Ave has a 2 Bed / 1 Bath house appx 900 SF in front of the units and garages. The property was recently painted and there is upside in the rents. There are laundry hook ups in select units. PLEASE DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS. SHOWN WITH AN ACCEPTED OFFER ONLY.

Listing description from the October 2015 sale, as reported to CRMLS.

Sale history

$938,000
Sold October 2015 · listed $995,000, on market October 2014 · MLS #150023740 · Source: CRMLS
Listing Agent: Benn Vogelsang · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Jeff Diller · South Coast Commercial, Inc.
$474,000
Sold October 2015 · listed $502,500, on market October 2014 · MLS #140056575 · Source: CRMLS
Listing Agent: Benn Vogelsang · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Jeff Diller · South Coast Commercial, Inc.
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