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).
Sold for $1,759,100 on 02/25/25
Listing Provided by:
Trevor Smith DRE #01700986 442-500-8888,
Lily Field Realty
$1,759,100
162 Terracina Way, Vista, CA 92083
--beds
--baths
3,585sqft
Multi Family
Built in 1978
-- sqft lot
$1,739,500 Zestimate®
$491/sqft
$2,046 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 26, 2025 at 11:25am
Listing Provided by:
Trevor Smith DRE #01700986 442-500-8888,
Lily Field Realty
Bought with:
Huda Helton, DRE #01874384
Compass
Source: CRMLS,MLS#: NDP2409671
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Cooling
- Central Air, Ductless, Electric
Appliances
- Included: Dryer, Washer
- Laundry: Inside, Stacked
Features
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,585
- Total interior livable area: 3,585 sqft
Property
Parking
- Total spaces: 17
- Parking features: Garage
- Garage spaces: 7
- Uncovered spaces: 10
Features
- Levels: Two
- Stories: 2
- Entry location: Exterior
- Pool features: None
Lot
- Size: 0.26 Acres
- Features: 36-40 Units/Acre, Landscaped, Level, Near Public Transit, Street Level
Details
- Parcel number: 1633322200
- Zoning: Mixed Use. 40 units/acre
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- Updated/Remodeled
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Vista
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,Cal Vet Loan,FHA,Fannie Mae,Freddie Mac,Government Loan,VA Loan
Services availability
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Estimated market value
$1,739,500