840 Sinkler Way

Vista, CA 92083

PRICE REDUCED

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-$55,000 (-2.00%)

$2,695,000

List Price

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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.

Listing Information

List Price $2,695,000
Status Active
MLS 240015126SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size 23,958
Structure Size N/A
DOM 156
Courtesy Of JLM Real Estate Inc
Listing Agent Dylan Ackley DRE#02139234
Co-Listing Agent Jason Lee DRE#02068011

Interior Features

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Exterior Information

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Listing information courtesy of: Dylan Ackley, Jason Lee, JLM Real Estate Inc 425-802-5404. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:01 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.