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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 14,950,000
Est. payment /mo
Active
1010 Clearbrook Lane Vista, CA 92084
37,417 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 37,417 sqft
Price per Sqft $399
Subdivision Vista
MLS Listing ID OC-25268530
Year Built 1978
Lot Size 3.060 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Clearbrook Terrace is a 38+3 unit multifamily property located at 1010 Clearbrook Lane in Vista, California. Built in 1978 on a spacious 3.06-acre parcel, the community offers an attractive mix of two-bedroom floor plans, substantial outdoor space, and a quiet residential setting at the end of a private driveway. With strong demand for well-located rental housing and proximity to a wide range of amenities, Clearbrook Terrace represents a compelling opportunity in one of North County San Diego's most desirable rental markets. The property consists of 2 studios, 23 two-bed/one-bath units, and 16 two-bed/two-bath units, providing a balanced and in-demand unit mix. One studio and one two-bed/two-bath unit are non-conforming, and the second studio currently functions as an on-site leasing office with potential for conversion into a studio ADU, subject to all required city or county approvals. All 38 legal two-bedroom units feature either a front or back patio, offering valuable private outdoor space. (The non-conforming units and potential ADU do not include patio areas.) Clearbrook Terrace also bene?ts from ample parking, including 45 garage spaces and 42 surface spaces, along with an on-site laundry facility. Its location at the end of a private driveway sets the community back from the roadway, reducing noise and creating a more private, neighborhood-oriented environment. The property enjoys a highly convenient Vista location, situated within walking distance of Brengle Terrace Park, home to tennis and pickleball courts, sports ?elds, a disc golf course, the Alta Vista Botanical Gardens, and the renowned Moonlight Amphitheatre, an outdoor venue hosting concerts and theatrical performances. Residents also bene?t from immediate access to East Vista Way, which offers numerous retail centers, restaurants, and daily conveniences. The property is one mile from Vista High School and just over 1.5 miles from State Route 78, providing easy connectivity throughout San Diego County. Clearbrook Terrace offers investors the opportunity to acquire a sizable, well-located multifamily asset with a strong unit mix, ample parking, private outdoor space, and proximity to some of Vista's most desirable amenities and employment drivers.
Location
State CA
County San Diego
Area 92084 - Vista
Interior
Laundry Community
Exterior
Garage Spaces 45.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
Building
Lot Description Level with Street
Sewer Public Sewer