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$1,795,000
Est. payment /mo
0.34 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250027307SD
HOA Y/N No
Lot Size 0.342 Acres
Property Sub-Type Mixed Use
Property Description
836 Sinkler Way is a 5-unit multifamily property in Vista, featuring a front 4-bedroom, 2-bath detached home and a rear fourplex with four 2-bedroom, 1-bath units. All five units have been extensively renovated within the past year, offering updated interiors that appeal to today's renters while reducing maintenance costs for ownership. The property sits on a 14,984 square foot lot, providing a low-density layout with functional separation between units. The current rent roll totals $10,815 per month, with the front house renting for $2,565 and the fourplex units ranging from $1,800 to $2,200. This generates a current cap rate of 4.3%, with a pro forma cap rate of 6.3%, presenting both steady income and future upside potential. The property includes eight off-street parking spaces and benefits from ample street parking in a quiet residential area. Located in a strong rental market, Vista's average rent is $2,621 as of March 2025, with a diverse range of amenities nearby. Tenants enjoy proximity to downtown Vista's vibrant arts scene, dining options, and community events. Recreational attractions such as the Alta Vista Botanical Gardens and Brengle Terrace Park are also nearby, enhancing the property's appeal. Additionally, the Civic Center–Vista station provides convenient access to the SPRINTER hybrid rail line, connecting residents to the broader North County area. With its recent renovations, desirable unit mix, and strategic location, 836 Sinkler Way offers a compelling opportunity for investors seeking a turnkey, stabilized asset in North County San Diego.
Location
State CA
County San Diego
Area 92083 - Vista
Interior
Fireplace No
Exterior
Total Parking Spaces 8
Others
Tax ID 1791243500
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Listed by Jason Lee • JLM Real Estate Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4465 Willshire Blvd. Ste. 104, Los Angeles, California, 90068, USA