Sold
Last Sold Price
1017 Crest View Rd, Vista, CA 92081
Multi FamilyProperty Type
1940Year Built

Description

Price reduced. Great 4 unit complex with 4 garages and a storage areas. The property has been under the same ownership for the past 15 years. The owner is ready to sell, does not need a 1031 exchange. The CAP Rate is 6.75 including rents and $500 monthly rent for one garage and one storage room. The new owners CAP RATE including adjusted real property taxes based on the asking price is 5.74 and the gross rent multiplier is just over 13. The property is also close to the mass transit station. This...Price reduced. Great 4 unit complex with 4 garages and a storage areas. The property has been under the same ownership for the past 15 years. The owner is ready to sell, does not need a 1031 exchange. The CAP Rate is 6.75 including rents and $500 monthly rent for one garage and one storage room. The new owners CAP RATE including adjusted real property taxes based on the asking price is 5.74 and the gross rent multiplier is just over 13. The property is also close to the mass transit station. This property has been well maintained. Appliances have been replaced as needed. There is little deferred maintenance. The units are all conforming and the property which is 1.12 acres can be subdivided into 4 lots, ( buyer to confirm with City). Sewer is available. Septic systems have been maintained as needed. This is an old family compound, with mature trees, lovely landscaping and a great breeze wafting off the the ocean. It unit has a private yard and the long term tenants love it. It has great up side potential. Use your imagination and think outside the box. In the meantime it is a very good deal at this price. Quentin Smith is the owner and is a licensed real estate agent with with Engel &Voelkers.
  • Listed by: Michael J. Hannon DRE #01251528 • E & V Ranch and Coast, Inc. 858-395-5579
  • Listed by: Quentin Smith DRE #559661 Brokerage DRE #02002559 • E & V Ranch and Coast, Inc.
Listing closed: 12/17/2019 12:00 AM • Source: SDMLS, MLS#: 190050353

Location

Listing Courtesy of E & V Ranch and Coast, Inc., Michael J. Hannon, DRE #01251528; E & V Ranch and Coast, Inc., Quentin Smith, DRE #559661

Sold By Zia Properties, Inc., Rusty Hannum, DRE #00967093

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$5,540 per month

30 year fixed, 6.55% Interest

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$5,540

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Property Information for 1017 Crest View Road

Property Details
  • MLS Type: Residential Income
  • Area: Other (LCOTH)
  • Neighborhood: Rancho Vista
  • Community: VISTA
  • View Description: Parklike
  • City Postal ID: VISTA (92081)
  • Cross Street(s): Crest View Place
Building Information
  • Stories: 1
  • Year Built: 1940
Summary Information
Property and Location
  • System ID: 190050353
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Year Built: 1940
  • Complex Features: Laundry Facilities, Other/Remarks
  • Age Restrictions: N/K
  • Market Area: North County
  • Directions To Property: 78 to civic center go south to crest view road and then left on crest view road to the property.
  • Telecommunications: Cable (coaxial), Satellite Dish
Parking
  • Parking for RV: Potential Space
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Supplement
  • Supplement: This property has been well maintained. Appliances have been replaced as needed. There is little deferred maintenance. The units are all conforming and the property which is 1.12 acres can be subdivided into 4 lots, ( buyer to confirm with City). Sewer is available. Septic systems have been maintained as needed. This is an old family compound, with mature trees, lovely landscaping and a great breeze wafting off the the ocean. It unit has a private yard and the long term tenants love it. It has great up side potential. Use your imagination and think outside the box. In the meantime it is a very good deal at this price. Quentin Smith is the owner and is a licensed real estate agent with with Engel &Voelkers.
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 4
  • Num of Units w/Cooling: 0
  • Cooling: None
  • Heat Equipment: Wall/Gravity
  • Water Heater Type: Gas
  • Heat Source: Electric, Natural Gas
Exterior Features
  • Exterior: Stucco, Wood
  • Roof: Composition
  • Fencing: Partial
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 1
  • Pets: Yes
  • Entry Only: No
  • Lot Size: 1+ to 2 AC
  • Lot Size Source: Assessor Record
  • Frontage: N/K
  • Topography: Slope Gentle
  • Site: Flag Lot, Irregular Lot, Public Street, Street Paved
  • Complex/Park: Crest View
  • Assessors Parcel Num: 179-250-18-00
Utilities
  • Water: Meter on Property
  • Sewer/Septic: Septic Installed, Sewer Available, Perc Update Needed
  • Irrigation: Manual
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1017
  • Parking Non-Garage Unit 1: Uncovered
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $500
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Rent Actual: $1,795
Unit 2
  • Unit Num for Unit 2: 1017 1/2
  • Parking Non-Garage Unit 2: Uncovered
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $500
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Common
  • Unit 2 Occupied: Tenant
  • Unit 2 Prkng Garage Space: 0
  • Unit 2 Rent Actual: $1,575
Unit 3
  • Unit Num for Unit 3: 1019
  • Parking Non-Garage Unit 3: Uncovered
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $500
  • Unit 3 Exclusive Use Yard: Yes
  • Unit 3 Laundry Hook Ups: Common
  • Unit 3 Occupied: Tenant
  • Unit 3 Prkng Garage Space: 1
  • Unit 3 Rent Actual: $1,795
Unit 4
  • Unit Num for Unit 4: 1021
  • Parking Non-Garage Unit 4: Uncovered
  • Unit 4 Num of Bedrooms: 1
  • Unit 4 Num of Total Baths: 1
  • Unit 4 Deposit: $500
  • Unit 4 Exclusive Use Yard: Yes
  • Unit 4 Laundry Hook Ups: Common
  • Unit 4 Occupied: Tenant
  • Unit 4 Prkng Garage Space: 1
  • Unit 4 Projected Rent: $1,895
  • Unit 4 Rent Actual: $1,795
Building Details
  • Heating: Electric, Natural Gas

Property History for 1017 Crest View Road

DateEvent & SourcePriceAppreciation
Dec 17, 2019

Sold

SDMLS #190050353

$1,090,000
Dec 17, 2019

Sold

CRMLS #190050353

$1,090,000
Dec 17, 2019

Sold

SDMLS #190050353

$1,090,000
DateEvent & SourcePrice
12/17/2019

Sold

SDMLS #190050353

$1,090,000
12/17/2019

Sold

CRMLS #190050353

$1,090,000
12/17/2019

Sold

SDMLS #190050353

$1,090,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1017 Crest View Road

This home is within Vista Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Breeze Hill Elementary School
PublicK to 5

Madison Middle School
Public6 to 8

Rancho Buena Vista High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of E & V Ranch and Coast, Inc., Michael J. Hannon, DRE #01251528; E & V Ranch and Coast, Inc., Quentin Smith, DRE #559661

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 SDMLS®. 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 © 2026 SDMLS®, Inc.