Sold
Last Sold Price
4 beds28 baths14,364 sqft
175 Cedar Rd, Vista, CA 92083
Multi FamilyProperty Type
0.33 acresLot Size
1986Year Built
$268/sq ftPrice per sq ft
24 carsParking Spaces

Description

Cedar Palms Apartment Homes is a 14-unit multifamily investment property located at 175 Cedar Road in Vista, California. Built in 1986, Cedar Palms Apartment Homes consists entirely of 14, two-bedroom units. Residents enjoy a wide range of amenities including controlled access, a central courtyard, ample carport and garage parking, private patios (ground floor units), and on-site laundry. Cedar Palms Apartment Homes is located less than one mile from many schools, including Grapevine Elementary School,...Cedar Palms Apartment Homes is a 14-unit multifamily investment property located at 175 Cedar Road in Vista, California. Built in 1986, Cedar Palms Apartment Homes consists entirely of 14, two-bedroom units. Residents enjoy a wide range of amenities including controlled access, a central courtyard, ample carport and garage parking, private patios (ground floor units), and on-site laundry. Cedar Palms Apartment Homes is located less than one mile from many schools, including Grapevine Elementary School, Casita Center for Technology, Science & Math, and MiraCosta College. The property is also just two miles from Vista Village shopping center and Del Oro Marketplace, providing tenants easy access to plenty of retail, grocery, dining, and entertainment options.
  • Listed by: Kurt Hediger DRE #01846649 Brokerage DRE #00530854 • Marcus & Millichap RE Invest
  • Listed by: Tyler Leeson DRE #01451551 Brokerage DRE #00530854 • Marcus & Millichap RE Invest
Listing closed: 06/07/2019 12:00 AM • Source: CRMLS, MLS#: OC19027678

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Location

Listing Courtesy of Marcus & Millichap RE Invest, Kurt Hediger, DRE #01846649; Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Sold By DP Properties, Dave Plutner, DRE #01273425

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Payment Calculator

$25,197 per month

30 year fixed, 7.03% Interest

Principal and Interest

$20,553

Property Taxes

$4,644

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 175 Cedar Road

Property Details
  • MLS Type: Residential Income
  • Parking Spaces Total: 24
  • Private Pool: No
  • Total Units: 14.0
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 14364
  • Assessor Parcel Number: 166-630-28-00
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 14364
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Pool: No
  • Zoning: R2
  • Senior Community: No
  • Parcel Number: 1666302800
  • Area: Vista (VST)
  • Directions: Cross Streets: Cedar Rd / W Vista Way
Building Information
  • Stories: 2
  • Year Built: 1986
  • Lot Size: 0.33 AC / 14,374 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $268,440
  • Gross Scheduled Income: $268,400
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $260,522
  • Net Operating Income: $165,447
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $95,075
  • New Taxes Expense: $43,302
  • Fuel Expense: $5,355
  • Electric Expense: $5,355
  • Insurance Expense: $4,975
  • Maintenance Expense: $8,400
  • Professional Management Expense: $13,026
  • Other Expense: $6,840
  • Other Expense Description: Other
  • Trash Expense: $2,466
  • Water Sewer Expense: $5,355
  • Total Expenses: $95,075
Tax / Assessment Info
  • Tax Tract Number: 018519
  • Tax Census Tract: 185.19
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 14
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 14
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 7
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $10,720
  • Unit Type Total Rent: $10,720
  • Unit Type Pro Forma: 13125
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 7
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $11,275
  • Unit Type Total Rent: $11,275
  • Unit Type Pro Forma: 13475
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 14
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 175 Cedar Road

DateEvent & SourcePriceAppreciation
Jun 7, 2019

Sold

CLAW #OC19027678MR

$3,850,000—
Jun 7, 2019

Sold

SDMLS #OC19027678

$3,850,000—
Jun 7, 2019

Sold

CRMLS #OC19027678

$3,850,000—
DateEvent & SourcePrice
06/07/2019

Sold

CLAW #OC19027678MR

$3,850,000
06/07/2019

Sold

SDMLS #OC19027678

$3,850,000
06/07/2019

Sold

CRMLS #OC19027678

$3,850,000

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

Public Records for 175 Cedar Road

Taxable ValueLand$1,991,199Additions$2,389,439Total$4,380,638
Tax Record2025$55,727 ($4,644 / month)
Home Facts
Baths20Total Finished SqFt4,364 SqFtAbove Grade Finished SqFt4,364 SqFtStories2Lot Size30,570 SqFtStyleMulti-Family Dwelling (2-4)Year Built1986Year Renovated1986ZoningR-MCountySAN DIEGOAPN166-630-28-00

Schools near 175 Cedar 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 - K to 5
Rating
School
Distance
Grapevine Elementary School
PublicK to 5

Madison Middle School
Public6 to 8

Rancho Buena Vista High School
Public9 to 12

California Avenue Elementary School
PublicK to 5

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Kurt Hediger, DRE #01846649; Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

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.