Vista, CA 92084 714 Franklin Lane
$5,500,000
Presented By: Dan Dickson with MGR REAL ESTATE, INC.; 909-262-5986
- MLS# CV25072325
- 04/02/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 648
Baths • 18
SQFT • 20,252
Garage • 17
Home Details
The Vista Glen Apartments offers a great unit mix with 15 Two-Bedrooms, 1 Three-Bedroom, and 2 One Bedroom units for a total of 17 units plus 1 non-conforming. Approximately 5,756 square feet of additional land provides ADU possibilities. The roof was replaced 3 years ago, and garages have been refurbished. Ownership has taken pride in maintaining the property. Long-term tenants have provided stability and rental upside. The City of Vista is known for its pleasant climate and proximity to the Pacific Ocean.
Presented By: Dan Dickson with MGR REAL ESTATE, INC.; 909-262-5986
Interior Features for 714 Franklin Lane
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom
Total Stories2
Other Rooms
Entry Level1
General for 714 Franklin Lane
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityVista
Community FeaturesSidewalks
CountySan Diego
Current FinancingAssumable
DirectionsCross Street is E Vista Way
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationGround
Fuel Expense0.0
Garage Spaces17.0
Garage Y/NYes
Gross Income462552.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToExistingLoan, CashToNewLoan
Lot Size Square Feet34412.0
Lot Size UnitsSquareFeet
MLS Area92084 - Vista
MobileHomeRemainsYNNo
Net Operating Income270847.0
New ConstructionNo
Number Of Units Total18
Operating Expense191705.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameVista
Tax Lot0195
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1984
Year Built SourcePublicRecords
ZoningC
Exterior for 714 Franklin Lane
Building Area Total20252.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit
Lot Size Acres0.79
Lot Size Area34412.0
Lot Size SourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters17
Number of Separate Gas Meters17
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking17.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate