855.375.4001
Listed by Trevor Smith - Engel & Volkers Carlsbad
$2,100,000 affordable loan icon Calculate Payment

162 Terracina Way Vista, CA 92083

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Cluster Residence
Beds
Baths
... Bed/Bath
3,585 Sq. Ft.

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Last updated on 7/6/2024 10:47 PM
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 Vi...sta. 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). Continue reading
MLS#
NDP2404280
Property Type
Cluster
Year Built
1978
Square Feet
3,585 sq. ft
Lot Size
0.26
Stories
2.0
Sewer
Public Sewer

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Listed by Trevor Smith - Engel & Volkers Carlsbad
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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