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$2,225,000
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Property 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
Full Property Details
Full Property Details for 785 Lemon Ave #1-4
General
- Sold For: $2,225,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PTP2602902
- Added to Site: 85 day(s) ago
Interior
- Rooms/Areas: Laundry, Kitchen, Living Room, Main Floor Bedroom
- Fireplace(s): None
- Appliances: Gas Cooktop, Disposal, Microwave, Refrigerator, Tankless Water Heater, Dishwasher
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: Inside, Stackable
Additional Information
- Pool Description: None
Location
- County: San Diego
- Driving Directions: Google
School Information
- School District: Vista Unified
Community
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Quadruplex
- Foundation: Concrete Perimeter
- Roof: Shingle
- Common Walls: 1 Common Wall
- Entry Location: First level
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,654
- Sq. Ft. Source: Public Records
- Year Built: 2025
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1713
- Lot Size Source: Public Records
- Zoning: R-1
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $622.61
Disclosures and Reports
- Special Conditions: Standard
Listed by Serhant California Inc, Malena Boetel and Serhant California, Inc., Amber Welch
Sold by Seven Gables Real Estate, Angela Slizewski
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Schools
Schools serving 785 Lemon Ave #1-4
School District:Vista Unified School District
| Name | Grades | Distance |
|---|---|---|
Bobier Elementary School 220 West Bobier Drive, Vista, CA 92083 | K-5 | 0.9 mi |
Roosevelt Middle School, Oceanside, CA 850 Sagewood Drive, Oceanside, CA 92057 | 6-8 | 3 mi |
Vista High School 1 Panther Way, Vista, CA 92084 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 785 Lemon Ave #1-4
Date
Details
Price
Change
Source
6/03/2026
Sold
$2,225,000
-2.2%
MLS
4/17/2026
Listed
$2,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
785 Lemon Avenue #1-4, Vista, CA 92084 (MLS# PTP2602902) is a Multi-Family property that was sold at $2,225,000 on June 03, 2026. Want to learn more about 785 Lemon Avenue #1-4? Do you have questions about finding other Multi-Family real estate for sale in Vista? You can browse all Vista real estate or contact a Coldwell Banker agent to request more information.

