162 Terracina Way Vista, CA ^$ 1,995,000

162 Terracina Way

^$ 1,995,000

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Recently Listed

162 Terracina Way

Vista, CA, 92083

^$ 1,995,000

Bedrooms8 Baths6.0 Sq 3,585

Monthly Estimate*

^$ 13,259

Listed by Engel & Volkers Carlsbad

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Multi-Family Home for sale in Vista, CA

for $1,995,000 with 8 bedrooms and 6 full baths. This 3,585 square foot home was built in 1978 on a lot size of 0.2573.

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).

Multi-Family Active

Price

^$ 1,995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2573

Year Built

1978

Town/City

Vista

County/Region

San Diego

MLS | Web ID

NDP2404280

Days on Market

Features

General

Sewer PublicSewer

Cooling CentralAir Ductless Electric

Appliances Dryer Washer

Zoning Mixed Use. 40 units/acre

HOA 0.0

Garage Spaces 7.0

Pool Features None

Year Built 1978

Stories 2

Levels Two

Gross Income 0.0

Community Features Urban

County San Diego

Net Operating Income 0.0

Operating Expense 0.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions From 78: Vista Village to Olive Ave. Left on Goetting Way. Right on Terracina. From E Vista Way: Vista Village to Terracina Way

City Vista

Entry Location Exterior

View Y/N N

Senior Community Y/N N

Open Parking Spaces 10.0

NumberOfUnitsTotal 4

MLS Area 92083 - Vista

Lot Size Units SquareFeet

Lot Size Square Feet 11207.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 2

Street Name Terracina

Listing Terms Cash CashtoNewLoan Conventional CalVetLoan FHA FannieMae FreddieMac GovernmentLoan VALoan

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Fuel Expense 0.0

Property Condition UpdatedRemodeled

Trash Expense 0.0

Water Sewer Expense 1485.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2404280

Days on Market 14

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot unknown

Taxes 0.0

Cap Rate 7.0

Exterior

Lot Features Item3640UnitsAcre Landscaped Level NearPublicTransit StreetLevel

Total Parking 17.0

Lot Size Area 11207.0

Number of Buildings 2

Spa N

Building Area Total 3585.0

Lot Size Acres 0.2573

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 0

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Street Suffix Way

Laundry Features Inside Stacked

Entry Level 1

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 162

* Excluded Features

List By

Engel & Volkers Carlsbad

Broker

(858) 539-9999

Phone

Affordability Calculator

$13,259

Per Month

Monthly Principal & Interest: $13,259
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Vista, CA

Average List Price ^$4,152,900

Percent of Sale Price 108%

About Vista, CA

101,964 Population

15% Since 2002

^$56,854 Median Income

34.5 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/17/2024	$1,995,000		Listed Price

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162 Terracina Way, Vista, CA, 92083 is a Multi-Family Home for sale at $1,995,000 with 3,585 sqft and a lot size of 0.2573. 162 Terracina Way has 8 bedrooms, 6.0 baths, and was built in 1978. The property's zip code is 92083 which is in Vista, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/1/2024. 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. 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, 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.

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162 Terracina Way

Multi-Family Home for sale in Vista, CA

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