Properties

Vista, CA 92084 1010 Clearbrook Lane

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Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
  • MLS# OC25268530
  • 12/01/2025
  • Get pre-approved
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  • Baths • 1
  • SQFT • 37,417
  • Garage • 45

Home Details

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 Diegoโ€™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 Vistaโ€™s most desirable amenities and employment drivers.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com

Interior Features for 1010 Clearbrook Lane

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 1010 Clearbrook Lane

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.05
CityVista
Community FeaturesCurbs, Gutter(s), Street Lights, Sidewalks
CountySan Diego
DirectionsCross Streets of Clearbrook Lane & Williamston Street
Electric Expense17107
Entry LocationFirst level
Fuel Expense17110
Garage Spaces45
Garage Y/NYes
Gross Income1191482
HOANo
HOA Fee$
Insurance Expense29000
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet133293.6
Lot Size UnitsAcres
MLS Area92084 - Vista
MaintenanceExpense30750
Net Operating Income737112
New ConstructionNo
Number Of Units Total41
Open Parking Spaces42
Operating Expense420280
Pool FeaturesNone
PostalCityVISTA
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameVista
Tax Lot1
Taxes$164,910
Trash Expense17107
Water Sewer Expense17107
Year Built1978
Year Built SourceAssessor

Exterior for 1010 Clearbrook Lane

Building Area Total37417
Lot FeaturesStreet Level
Lot Size Acres3.06
Lot Size Area3.06
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters38
Number of Separate Gas Meters38
Number of Separate Water Meters1
Private PoolNo
Total Parking87
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $14,600,000
MLS#OC25268530
List Date 12/01/2025
Property Type Multi-Family
Phone 888.795.6274
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