$2,695,000
For Sale

840 Sinkler Way

Vista, CA 92083
0.55 acres | #240015126SD
Listing OfficeJLM Real Estate Inc
Browse 27 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • MLS #240015126SD
      • MLS #240015126SD
      • Original List Price$2,750,000
      • CountySan Diego
      • Property TypePurchase
      • Property SubtypeMixedUse
      • Cost2695000
      • Acres0.55

Location

Cristina Arneson-CabreraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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