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Residential Income for sale : 5 bedrooms : 467 Melrose Dr in Vista

467 Melrose Dr Vista

Main Photo: Residential Income for sale : 5 bedrooms : 467 Melrose Dr in Vistabanner
$1,195,000
Prop. Type:
Residential Income
MLS® Num:
2600842
Status:
Active
Bedrooms:
5
Bathrooms:
7
Year Built:
1959
**Value-Add Multifamily w/ 37% Upside in Rents** Prime Vista Location on N Melrose Across from Vista Focus Academy • 4 Units (+1 nonconforming 5th Unit) • Great Unit Mix: Three (3) 1Bed / 1Bath + Two (2) 2Bed / 1Bath • Plenty of Off Street Parking: Eight (8) Spaces • Large, Fully Gated 11,507sf Lot • Perfect for Investor or Owner User • Less Than 1 Mile to Vista Village and CA-78 • 5.51% CAP • 7.89% Proforma CAP
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
3
County Or Parish:
San Diego
Market Area:
North County
Neighborhood Code:
Vista
Name of Complex/Subdivision:
None(2161)
Building Name:
N/a
Total Building Area:
Switch units of measure3,920 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
5
Bathrooms:
7
Full Bathrooms:
7
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1959
Age (in years):
Switch units of measure67 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Other/Remarks
Cap Rate.:
5.51
Gross scheduled income:
96300.0
Other income actual:
0
Operating expense:
27519.0
Number of Units:
4
Number of Units with Cooling:
0
Tenant pays:
Water, Electricity, Gas/Propane
Unit Number for Unit 1:
0
Unit Number for Unit 2:
0
Unit Number for Unit 3:
0
Unit Number for Unit 4:
0
Projected Rent for Unit 1:
$11,000
Projected Rent for Unit 2:
$0
Projected Rent for Unit 3:
$0
Projected Rent for Unit 4:
$0
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Wood/Stucco
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
163-470-11-00
Cooling:
N/K
Roof:
Composition, Rolled/Hot Mop
Security:
N/K
Fencing:
Gate
Listed by Apartment Realty Group (ARG)
Data was last updated January 14, 2026 at 01:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
Data Source Logo
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 San Diego Multiple Listing Service, Inc. 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 San Diego Multiple Listing Service, Inc.

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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 San Diego Multiple Listing Service, Inc. 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 San Diego Multiple Listing Service, Inc.