615 North Avenue

Vista, CA 92083

$1,210,000
Price
2
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is a hidden gem. Property is zoned R-1 but will be Industrial. Consists of a single family home and a junior ADU, and 4 prefabbed shop units. An additional 2 shop units can be added or home can be demolished and additional 6 units can be added. Projected annual net income is $170,000 (10 shops at $17,000 per year NNN). Owner is retired and willing to sell for substantially less than projected value. Shop units are unpermitted presently. Year built is an estimate.This is a hidden gem. Property is zoned R-1 but will be Industrial. Consists of a single family home and a junior ADU, and 4 prefabbed shop units. An additional 2 shop units can be added or home can be demolished and additional 6 units can be added. Projected annual net income is $170,000 (10 shops at $17,000 per year NNN). Owner is retired and willing to sell for substantially less than projected value. Shop units are unpermitted presently. Year built is an estimate.
  1. Listed by Murray Weber • DRE #01299094 • Murray Weber, Broker

Property Details for 615 North Avenue

City Postal ID
VISTA (92083)

Location

Listing Courtesy of Murray Weber, Broker, Murray Weber, DRE #01299094
Add your commute
LISTING UPDATED: 12/27/2023 11:08 AM

Property Details for 615 North Avenue

StatusActive
MLS #230005715
Days on Market400
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size0.43 AC / 18,730 SF
CountySan Diego County

Location

Listing Courtesy of Murray Weber, Broker, Murray Weber, DRE #01299094
Add your commute

Building Information for 615 North Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.43 AC / 18,730 SF

Payment Calculator

$6,889 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,603

Property Taxes

$286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 615 North Avenue

Summary Information
Property and Location
  • System ID: 230005715
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 615
  • Street Name: North Avenue
  • Market Area: North County
  • Directions To Property: I 78 to Melrose north to North Ave, corner lot.
Property Information
Property and Assessments
  • Entry Only: Yes
  • Lot Size: .25 through .50 Acres
  • Lot Dimensions Approx: 102x172
  • Zoning: R-1
  • Assessors Parcel Num: 161-071-11-00
Multi Family Information
Unit 1
  • Unit Rent: 1500
  • Unit Rent Total: $1,500
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Number of Bathrooms: 1
Unit 2
  • Unit Rent: 900
  • Unit Rent Total: $900
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Number of Bathrooms: 1
Unit 3
  • Unit Rent: 1450
  • Unit Rent Total: $1,450
  • Unit 3 Number of Bedrooms: 0
  • Unit 3 Number of Bathrooms: 0
Unit 4
  • Unit Rent: 1450
  • Unit Rent Total: $1,450
  • Unit 4 Number of Bedrooms: 0
  • Unit 4 Number of Bathrooms: 0
Unit 5
  • Unit Rent: 1450
  • Unit Rent Total: $1,450
  • Unit 5 Number of Bedrooms: 0
  • Unit 5 Number of Bathrooms: 0
Unit 6
  • Unit Rent: 1450
  • Unit Rent Total: $1,450
  • Unit 6 Number of Bedrooms: 0
  • Unit 6 Number of Bathrooms: 0
Building Details
  • Age: 1950
  • Construction: Frame
  • Have: 0
  • Motive/Want: 1200000
  • SqFt of Improvement: 2,272

Property History for 615 North Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 615 North Avenue

Taxable ValueLand$158,674Additions$85,647Total$244,321
Tax Record2023$3,430 ($286 / month)
Home Facts
Beds2Total Finished SqFt1,472 SqFtAbove Grade Finished SqFt1,472 SqFtLot Size18,521 SqFtStyleSingle Family ResidenceYear Built1948ZoningR-1:SINGLE FACountySAN DIEGOAPN161-071-11-00

Schools near 615 North Avenue

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
Charter - 9 to 12
Rating
School
Distance
Maryland Elementary School
PublicK to 5

Roosevelt Middle School
Public6 to 8

Vista High School
Public9 to 12

North County Trade Tech High School
Charter9 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.

Similar Homes

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615 North Avenue is a multi-family home for sale in Vista, CA 92083. This property was listed for sale on March 28, 2023 by Murray Weber, Broker, it's currently listed at $1,210,000. This listing's school district is Vista Unified School District. Nearby schools include Maryland Elementary School, Roosevelt Middle School and Vista High School. 615 North Avenue is a 2-bed, 2-bath, multi-family home.

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Listing Courtesy of Murray Weber, Broker, Murray Weber, DRE #01299094

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