Listing provided courtesy of Dylan Ackley of JLM Real Estate Inc. Last updated 2024-09-24 09:21:41.000000. Listing information © 2024 Sandicor.
Asking Price: $2,695,000
840 Sinkler Way, Vista CA 92083
Community: North County
This Com-Res Income property was built in and is priced at $2,695,000. Please see the additional details below.
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.
