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$2,695,000
Est. payment /mo
0.55 Acres Lot
UPDATED:
12/05/2024 02:01 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240015126SD
HOA Y/N No
Lot Size 0.550 Acres
Property Description
840 Sinkler Way is an 8 unit apartment complex located in the flourishing market of Vista, CA. The property is situated in the heart of Vista, just 1 mile from downtown, ensuring high demand and low vacancy. The property consists of 8 expansive 2-bedroom, 1-bathroom units averaging 900 square feet each. Each unit features a private balcony, one-car garage along with additional onsite parking, providing tenants with ample space and privacy. There is significant rental upside through renovation. With market rents at $2,500+, investors can capitalize on a remarkable 54% +/- upside potential. In addition, the 8 garages present an opportunity for more appreciation through the development of multiple ADUs. Recent upgrades include new exterior paint and reinforced balconies, enhancing the property's appeal and durability.
Location
State CA
County San Diego
Area 92083 - Vista
Interior
Heating See Remarks
Cooling Wall/Window Unit(s)
Fireplace No
Others
Tax ID 1791243300
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Listed by Dylan Ackley • JLM Real Estate Inc
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908