Back to Search
Property profile & analytics
FOR SALE
Apartment buildings
322 Hillside Ter Vista, CA 92084
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9668761
For Sale
1 / 10
$9,750,000
322 Hillside Ter, Vista, CA 92084
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1988
Total area
27,888 SF
Lot
1.52 ac (66,211 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
175-192-38-00
UPID
US09-9668761
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hillside Terrace Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.83M
CAP Approach
CAP
$7.13M
Comparable Approach
Comparable
$10.65M
Blend (final)
Blend
$9.19M
Owner & transaction history
Mills Street Apartments LLC · 5 yrs held
Mills Street Apartments LLC
since 2021
Last sale
$9.5M
6 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Vista, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.2M
+66.3%
Auto repair, garage
$10.6M
+33.8%
Retail stores
$9.0M
+13.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vista submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$8,965,000
ML approach
$8,830,000
CAP Approach
CAP Return
Estimation
6%
$7,725,000
6.5%
$7,130,000
7%
$6,620,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,960,000
Current use
MEDICAL BUILDING
$13,235,000
Change: +66% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,645,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$8,990,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,905,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$9.19M
Range $8.27M – $10.10M · ±10% · vs last sale $9.48M (Jun 16 2021)
Last sale anchor
$9.48M
Jun 16 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$329 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$125,515
Tax year 2024
Assessed value
$10,020,986
Assessed 2024
Previous assessed
$10,020,986
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$4,510,134
Assessed improvement
$5,510,852
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1988
Heating
NONE
Units
32
Total area
27,888 SF
Lot
1.52 ac (66,211 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
175-192-38-00
UPID
US09-9668761
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Vista, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vista. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$8.0M
MEDICAL BUILDING
Est. value
$13.2M
AUTO REPAIR, GARAGE
Est. value
$10.6M
RETAIL STORES
Est. value
$9.0M
WAREHOUSE, STORAGE
Est. value
$7.9M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Units
32
Lot
1.52 ac
Current owner
From public records · entity-resolved
Mills Street Apartments LLC
Entity
Mailing address
6255 LISMORE PL, CARLSBAD, CA 92009-3068
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2021
$9,475,000
Mills Street Apartments LLC
Hillside Terrace Apartments LLC
Grant Deed
$5,300,000 · Mission FCU
Jun 6, 2019
—
Hillside Terrace Apartments LLC
—
Deed
related
$4,850,000 · Silvergate Bank
Nov 8, 2016
$6,200,000
Hillside Terrace Apartments LLC
Hillside Terrace Viii LLC
Grant Deed
$4,100,000 · San Diego Private Bank
Sep 22, 1998
$1,725,000
Hillside Terrace Viii LLC
Hillside Terrace 84
Grant Deed
related
$1,293,750 · Home Savings Of America
—
—
Terrace Vill Hillside
—
Deed Of Trust
related
$1,875,000 · Washington Mutual Fsb
—
—
Terrace Hillside
—
Deed Of Trust
related
$850,000 · Washington Mutual Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
