840 Sinkler Way

Vista, CA 92083 $55,000.00 (-2%) Active for $2,695,000

Overview
Map & Location
Median Values
Schools & Score
Property History
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Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 23,958 sqft

Property Facts

MLS	240015126SD
Year Built
Property Type	Mixed Use
County	San Diego
Status	Active
Active	$2,695,000
Structure Size	N/A sqft
Lot Size	23,958 sqft
Beds	N/A
Baths

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 courtesy of: Dylan Ackley, JLM Real Estate Inc 425-802-5404. *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 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.