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.
Mls | 240015126SD |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Active |
Days On Site | 158 |
Listing Provided By | JLM Real Estate Inc 949-207-8321 | Dylan Ackley |
Units | 8 |
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Buildings | 1 |
Acreage | 0.55 |
State | CA |
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County | San Diego |
City | Vista |
Zip Code | 92083 |
Area | 92083 Vista |
Listing VS Median (in 92083) | |
Price: $2,695,000 low | high Med: $770,000 On Site: 158 low | high Med: 51.000000 |