785 Lemon Ave 1-4, Vista, California 92084, Vista, 92084 - 9 bed, 5 bath
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Vista, California 92084
Analysis of 785 Lemon Ave 1-4, Vista, California 92084 is currently available with a list price of $2,275,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Vista Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This property is a brand-new 2025 construction fourplex featuring high-end, modern finishes throughout. The kitchens are equipped with quartz countertops, farmhouse sinks, and new stainless steel appliances (some still with protective film), while the bathrooms feature contemporary tile work and gold fixtures. With all-new systems including a new roof, foundation, plumbing, electrical, tankless water heaters, and Innovair mini-split cooling/heating, the property meets the highest quality standards with zero deferred maintenance.
Built in 2025 with all-new systems, including a new roof, foundation, plumbing, and electrical, this property offers extremely low maintenance and immediate peace of mind for any investor.
The property features owned solar and separately metered gas and electric, significantly reducing owner expenses while generating a robust $147,000 annual gross income.
Each unit is outfitted with high-end finishes like quartz countertops, stainless steel appliances, in-unit LG laundry, and energy-efficient mini-splits, ensuring high tenant appeal and premium rental rates.
The assigned public schools in the Vista Unified district carry lower ratings (3-4), which may limit the appeal for long-term tenants with school-aged children.
A significant portion of the projected gross income relies on a pro forma rent of $3,800 for the owner's unit, which is currently unleased and not yet realized.
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 $2,800 | Unit 4 $2,800
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 1.0 | 75% |
| Baths | 5.0 | 0.5 | 75% |
| Square foot | 3,654 | 4,059 | 50% |
| Lot Size | 7,464 | 10,165.5 | 50% |
| Price | $2.27M | $1.55M | 75% |
| Price per sq ft | $623 | $485 | 50% |
| Built year | 2025 | 1970 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 199 | 25% |
Apr 17, 2026
$2,275,000
Initial Listing
Mar 3, 2021
$125,000
Public Record
Jan 22, 2013
$60,000
Public Record
Dec 29, 2011
$25,000
Public Record