840 SINKLER WAY VISTA, CA 92083

Features

• Lot Size: 0.55 acres
• Total Units: 8

Facts

• Year Built: 01/01/1987
• Property ID: 898769110
• MLS Number: 240015126SD
• Parcel Number: 179-124-33-00
• Property Type: Multi-family (5 or more units)
• County: San Diego
• Legal Description: LOT 83 POR TR 001960
• Zoning: SPI

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. 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.