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380 Plymouth Dr

Active

Featured Listing

380 Plymouth Dr

380 Plymouth Dr

$12,500,000

UNITS

62

PROPERTY TYPE

Multifamily

SQUARE FEET

27,168

CAP RATE

AE

Arby Eivazian

DRE# 01948830 · South Coast Commercial

619-990-4436

Property Details

Property Name

380 Plymouth Dr

Address

380 Plymouth Dr, Vista, CA 92083

Asking Price

$12,500,000

Units

62

Building Size

27,168 SF

Property Type

Multifamily

Cap Rate

Price Per Unit

$201,613

Status

Active

Broker

South Coast Commercial

Investment Opportunity

South Coast Commercial is pleased to present 380 Plymouth Drive, a 32-unit apartment community built in 1986 on a 63,000 SF lot. The property contains (19) 950 SF 2-bed/2-bath units, (13) 750 SF 1-bed/1-bath units, 32 covered carports, and 19 open parking spaces. Overall, the property is in excellent condition and has been meticulously cared for; recent upgrades include resealing of balconies and installation of new roof underlayment.

This is a significant value-add opportunity with upside in current rents and development potential. Most tenants are on month-to-month leases at rates well below market. 380 Plymouth Drive is a short 15-minute walk to some of Vista's best restaurants and shopping, with convenient access to SR-78 and a short drive to local beaches.

Why This Property

Strong in-place income

High-demand urban corridor

Rental upside potential

Limited competing inventory

Suitable for 1031 exchange

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Interested in This Property?

Request the full offering memorandum, financial details, and schedule a private showing.

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