Active
162 Terracina Way
Vista CA, 92083
$2,100,000
$585.77 per sqft
Active
3,585 sqft
Residential
Built in 1978
Listed by Trevor Smith with Engel & Volkers Carlsbad 858-539-9999
Fully rented! Almost $11k/mo income. Rare turn-key cash flow and development opportunity. This 4 unit property has been meticulously and thoughtfully renovated. 7% cap rate or more. Live in one and rent out the others! Close to high-end retail, transit, Paseo Santa Fe, and historic Downtown Vista. Every unit features brand new kitchens with new stainless steel appliances, stacked washer and dryer, luxury bathroom finishes, durable flooring, modern layouts, and more. Each unit has its own electric meter. Brand new HVAC, water heaters, windows, doors, roofs, landscaping, concrete, plumbing, wiring, and more. The 7-bay garage could be partitioned and doored for additional revenue. Downtown Zoning (Transit) overlay allows multiple uses and residential up to 10 units on this parcel (40 units per acre - see attached documents).
NDP2404280
MLSⓇ ID
May 17, 2024
Listed
August 30, 2024
Updated
Map
162 Terracina Way
Vista CA, 92083
Interior Features
Total Stories
2
Appliances
Dryer, Washer
Laundry Description
Inside, Stacked
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ductless, Electric
Heating
No
Exterior/Building Features
Lot Size
0.26 Acres
Lot Features
36-40 Units/Acre, Landscaped, Level, Near Public Transit, Street Level
Sewer
Public Sewer
Other Property Details
Area Name
92083 - Vista
Days on Market
88
Garage
Yes
Garage Spaces
7
Parking Total
17
View
No
County
San Diego
Pool
No
Pool Features
None
Zoning
Mixed Use. 40 units/acre
Listing History
Date | Event | Price |
|---|---|---|
6/24/2024 | Price change | $2,100,000 5% |
Listing Contact: 442-500-8888
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 8/30/2024 at 7:45 PM UTC