Property Detail

840 Sinkler Way

Vista CA 92083

$2,695,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Dylan Ackley of JLM Real Estate Inc. Last updated 2024-11-25 09:43:43.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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