162 Terracina Way, Vista, CA 92083

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Kevin Silverstein

[email protected] +1(619) 203-7041

$1,995,000

Est. payment - /mo

8 Beds

6 Baths

0.26 Acres Lot

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UPDATED:

11/02/2024 02:37 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2409671

Bedrooms 8

HOA Y/N No

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).
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 Vista (92083)

Zoning Assessor

Interior

Cooling Central Forced Air

Building

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $130

Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA

Space Rent $2,795

Listing Terms Cal Vet, Cash, Conventional, FHA, VA

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Listed by Trevor Smith • Engel & Volkers Carlsbad

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Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities