Estimated payment $93,279/month
Highlights
- 3.06 Acre Lot
- Laundry Room
- Level Lot
- No HOA
About This Home
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.
Listing Agent
Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 12/01/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1978
Lot Details
- 3.06 Acre Lot
- No Common Walls
- Level Lot
Parking
- 42 Open Parking Spaces
- 45 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 37,417 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 13315
- Assessor Parcel Number 1763103500
- $20,417 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 41 Units
- Vista Subdivision
Amenities
- Laundry Facilities
Building Details
- 38 Separate Electric Meters
- 38 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $17,107
- Fuel Expense $17,110
- Insurance Expense $29,000
- Maintenance Expense $30,750
- Professional Management Expense $34,722
- Trash Expense $17,107
- Water Sewer Expense $17,107
- New Taxes Expense $168,863
- Operating Expense $424,233
- Gross Income $1,191,482
- Net Operating Income $733,159
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $14,950,000 | -- | $400 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25268530
APN: 176-310-35-00
- 1045-51 Meadow Lake Dr
- 1037-43 Meadow Lake Dr
- 1048 Anza Ave
- 1032 Marbo Terrace
- 820 Frances Dr
- 0 Vale Terrace Dr
- 1119 Delpy View Ln
- 137 Bellerive Ct
- 1138 Delpy View Point
- 213 Beaumont Dr
- 1248 Via Christina
- 615 Truly Terrace
- 969 Marlin Dr
- 223 Vista Glen Ln
- 0 Eucalyptus Ave
- 1400 Market St
- 1010 E Bobier Dr Unit 12
- 1010 E Bobier Dr Unit SPC 81
- 1010 E Bobier Dr Unit 112
- 1010 E Bobier Dr Unit 59
- 1050-1052 Vale Terrace Dr
- 1210 Calle Jules
- 1095 Delpy View Point
- 1107 Delpy View Point
- 634 Truly Terrace
- 714 Franklin Ln
- 845 Newport Terrace
- 800 E Bobier Dr Unit M5
- 1360 Foothill Dr
- 1350 Calle Jules
- 845 Normark Terrace Unit 2
- 760 E Bobier Dr
- 337 Apollo Dr
- 201 Eaton Way
- 226 N Citrus Ave Unit E
- 1280 N Citrus Ave
- 180 Terrace Dr
- 1333 N Santa fe Ave
- 516 S Santa fe Ave
- 2012 Troy Place