840 Sinkler Way, Vista, CA 92083
8 Unit Apartment Building | $2,750,000 ($343,750/Unit) | Vista, CA 92083
For Sale
Active
Asking Price $2,750,000
- Property Type
-
Multifamily
- Square Feet
- 7,200 SF
Listing Contacts
- Property Info
Property Overview
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.
Property Details
- Class
- C
- Year Built
- 1986
- Stories
- 2
- Lot Size (sq. ft)
- 23,958 SF
- Units
- 8
Highlights
- Private Balconies
- 8 Garages for Additional Income or ADU Potential
- Large 900 SF Units (All 2bed/1bath)
- 54% Upside in Rental Income
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