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785 Lemon Avenue 1-4
Bought with Angela Slizewski with Seven Gables Real Estate and Listed by Malena Boetel CA DRE# 02116790 with Serhant California Inc [email protected]
$2,225,000

785 Lemon Avenue 1-4

9 Beds 5 Baths 3,654 Sq.Ft. 7,464 Sq.Ft.

Description

Built in 2025, this low-maintenance, 3/4 leased fourplex offers immediate cash flow with long-term upside. The property generates $147,000/year in gross income with separately metered gas & electric, owned solar, and all new systems and finishes - ideal for 1031 exchange buyer seeking stabilized returns with extremely low expenses or residential buyer in the market to house hack. Each unit is thoughtfully designed to attract high-quality tenants, featuring quartz countertops, stainless steel appliances, in-unit LG washer/dryers, Innovair mini splits, tankless water heaters, and durable vinyl oak flooring. Unit mix includes a highly desirable 3 bed/2 bath owner's unit option, and three 2 bed/1 bath units with varying modern kitchen designs. New roof, foundation, plumbing, electric, windows, landscaping - all new inside and out! Located near Vista's growing dining and entertainment, including Moonlight Amphitheatre and Alta Vista Botanical Gardens, with easy freeway access to the coast. Rents: Unit 1 $3,800 (pro forma) | Unit 2 $2,900 | Unit 3 $2,750 | Unit 4 $2,800

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Location

785 Lemon Avenue 1-4, Vista, CA 92084

Status

Sold

Date Sold

June 3, 2026
Angie Aguda

Angie Aguda

TITLE

REALTOR®

Property Amenities

Interior
Laundry room Inside, Stacked
Fireplace None
Appliances Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Tankless Water Heater
Flooring Vinyl
Total Bedrooms: 9
Full Bathrooms: 5
Other Interior Features Bedroom on Main Level
Area & Lot
Lot Area 7,464 Sq.Ft.
Living area 3,654 Sq.Ft.
MLS® ID PTP2602902
Year Built 2025
School District Vista Unified
View Description Neighborhood
Type Multi-Family
Status Sold
Exterior
Stories 2
Pool None
Air conditioning Wall/Window Unit(s)
Heat type See Remarks
Sewer Public Sewer
Lot Features 0-1 Unit/Acre
Roof Shingle
Finance
Sales Price $2,225,000

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With roots in California and a presence in Tennessee, Angie offers personalized guidance, local market expertise, and strategic insight to help you navigate every step of your real estate journey.