467 Melrose Dr
Vista, CA 92083
**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 Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0 -
Interior Features
Roof: Composition,Rolled/Hot Mop -
Cooling Features
None Air ConditioningHeating Source
Has Heating
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Building Information
Year Built: 1959 Roof: Composition,Rolled/Hot Mop
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Listing Price Information
Original List Price: 1,195,000 Listing Contract Date: 2026-01-12 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 1634701100
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas,Water
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Other Property Info
Source Listing Status: Active Source Neighborhood: 92083 - Vista Directions: CrossStreet: N Melrose & Olive Ave Source Property Type: Residential Income Area: 92083 - Vista -
Building and Construction
Property Age: 67 Year Built Source: Vendor Enhanced Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1357 Palo Verde, Vista, CA, 92083 | $775,000 | 3 | 2 | 1,913 | 1,913 SqFt |
| 333 N Melore Drive #D, Vista, CA, 92083 | $424,500 | 1 | 1 | 892 | 892 SqFt |
| 359 N Melrose Drive H, Vista, CA, 92083 | $510,000 | 2 | 2 | 1,152 | 1,152 SqFt |
| 333 Melrose Dr. #F, Vista, CA, 92083 | $429,900 | 1 | 1 | 892 | 892 SqFt |
| 325 N Melrose Drive #A, Vista, CA, 92083 | $485,000 | 2 | 2 | 1,172 | 1,172 SqFt |
| 313 N Melrose #C, Vista, CA, 92083 | $459,000 | 2 | 2 | 1,172 | 1,172 SqFt |
| 694 Ascot Drive, Vista, CA, 92083 | $579,999 | 3 | 2 | 1,365 | 1,365 SqFt |
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ByOwner last updated this listing 04/06/2026 @ 23:25
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