$14,950,000

1010 Clearbrook Ln Vista, CA 92084

Estimated payment $93,279/month

Total Views 3,047
4 Beds
4 Baths
37,417 Sq Ft
$400 Price per Sq Ft

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

Tyler Leeson

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

Property Details

Home Type

Apartment

Year Built

Built in 1978

Lot Details

0

Parking

45

Listing Details

  • CapRate: 4.90
  • Professional Management Expense: 34722.00
  • Property Attached: No
  • Subdivision Name Other: Vista
  • Water Sewer Expenses: 17107.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 1763103500
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 399.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 45.00
  • Total Parking Spaces: 87.00
  • Uncovered Spaces: 42.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 17107.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 133293.60
  • Lot Size Acres: 3.0600

Multi Family

  • Electric Expense: 17107.00
  • Fuel Expense: 17110.00
  • Gross Income: 1191482.00
  • Gross Multiplier: 12.55
  • Gross Operating Income: 1102250.00
  • Gross Scheduled Income: 1136340.00
  • Insurance Expense: 29000.00
  • Lot Size Area: 3.0600 Acres
  • Maintenance Expense: 30750.00
  • Net Operating Income: 733159.00
  • Number Of Separate Electric Meters: 38
  • Number Of Separate Gas Meters: 38
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 41
  • Operating Expense: 424233.00
  • Operating Expense Percent: 36.70
  • Other Income1: 55142.00
  • Other Income Description: Laundry & Parking
  • Rent Control: No
  • Total Expenses: 424233.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 168863.00
  • Tax Lot: 1
  • Tax Tract Number: 013315
  • TaxOtherAnnualAssessmentAmount: 20417.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25268530

California Regional Multiple Listing Service (CRMLS)

APN: 176-310-35-00