Active

162 Terracina Way

Vista CA, 92083

$2,100,000


Active

8 Beds

Multi-family

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 23, 2024

Updated

Map

162 Terracina Way
Vista CA, 92083

Interior Features

Total Stories

2


Bedrooms

8


Appliances

Range/Oven, Refrigerator, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.26 Acres

Other Property Details

Days on Market

82


Garage

No


View

No


County

San Diego


Pool

No


Pool Features

None


Zoning

Assessor

Listing History

Date

Event

Price

6/25/2024

Price change

$2,100,000

5%

Listed by Engel & Volkers Carlsbad, Trevor Smith,
Listing Contact: 858-539-9999 

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