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$2,100,000
22 Days Online

162 Terracina Way
Vista, CA 92083

For Sale|Multi-Family|Active
County:
San Diego
Listed by Trevor Smith of Engel & Volkers Carlsbad

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

162 Terracina Way162 Terracina Way162 Terracina Way162 Terracina Way
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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).

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Listing Snapshot
Price 
$2,100,000
Days Online 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,585 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2573 Acres
Year Built 
1978
MLS® Number 
NDP2404280
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen online
General Features
Parking Spaces 
17
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.2573
Garage Spaces 
7
Zoning 
Mixed Use. 40 units/acre
Listing Conditions 
Standard
Property Condition 
Updated Remodeled
Interior Features
Cooling 
Central AirDuctlessElectric
Appliances 
DryerWasher
Laundry Features 
InsideStacked
Fireplace 
No
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Exterior Features
Spa 
No
Pool Features 
None
Lot 
Item3640 Units AcreLandscapedLevelNear Public TransitStreet Level
Community Features
Association Dues 
0
Community Features 
Urban
Senior Community 
No
MLS Area 
92083 – Vista


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. The 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.

Neighborhood & Commute
Source: Walkscore
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Lux Team Agent

DISCLAIMER: Lux Team is a very competitive environment. All applicants are thoroughly screened and not all are accepted. Each applicant must apply, interview, and be selected to join the Lux Team. If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.
DISCLAIMER: Lux Team is a very competitive environment. All applicants are thoroughly screened and not all are accepted. Each applicant must apply, interview, and be selected to join the Lux Team. If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.

Become a
Lux Team Agent

DISCLAIMER: Lux Team is a very competitive environment. All applicants are thoroughly screened and not all are accepted. Each applicant must apply, interview, and be selected to join the Lux Team. If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.
DISCLAIMER: Lux Team is a very competitive environment. All applicants are thoroughly screened and not all are accepted. Each applicant must apply, interview, and be selected to join the Lux Team. If accepted, you become part of the Lux Team family! No experience required. Only prerequisite to apply is: Must be a good person.