Homes for sale - 162 Terracina WAY, Vista, CA 92083

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Lenore Wilkas

lenore.wilkas@engelvoelkers.com +1(760) 407-2100

$ 1,995,000

Est. payment -/mo

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Active

162 Terracina WAY Vista, CA 92083

0.26 Acres Lot

UPDATED:

12/05/2024 05:04 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2409671

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1978

Lot Size 0.257 Acres

Property Description

Fully rented! Almost $11k/mo income. Rare turn-key cash flow and development opportunity. This 4 unit property has been meticulously and thoughtfully renovated. 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).

Location

State CA

County San Diego

Area 92083 - Vista

Zoning Mixed Use. 40 units/acre

Interior

Cooling Central Air, Ductless, Electric

Fireplace No

Appliance Dryer, Washer

Laundry Inside, Stacked

Exterior

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Urban

View Y/N No

Total Parking Spaces 17

Private Pool No

Building

Lot Description 36-40 Units/Acre, Landscaped, Level, Near Public Transit, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Level or Stories Two

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 1633322200

Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan

Special Listing Condition Standard

Listed by Trevor Smith • Engel & Volkers Carlsbad • trevor.smith@evrealestate.com

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100