162 Terracina Way Vista, CA 92083
This won't last long! 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).
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySan Diego
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site30 Days
- MLS StatusActive
- MLS ID NumberNDP2404280
- Home Size Source N/A
- Year Built1978
- Lot Size0.2573 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 17
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.2573
- Garage Spaces 7
- Zoning Mixed Use. 40 units/acre. Downtown ...
- Listing Conditions Standard
- Property Condition Updated/ Remodeled
Interior Features
- Cooling Central AirElectricDuctless
- Laundry Features Dryer IncludedInsideStackableWasher Included
- Fireplace No
Exterior Features
- Spa No
- Pool Features None
- Lot 36-40 Units/ AcreLandscapedLevel with StreetLot 10000-19999 SqftLevelNear Public Transit
Community Features
- Association Dues 0
- Community Features Urban
- Senior Community No
- MLS Area 92083 - Vista