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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Data last updated 8:33 AM UTC, 8/23/2024