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840 Sinkler Way

Vista, CA 92083
  • $2,695,000
  • STATUS: ACTIVE
  • ON SITE: 202 Days
  • ID#: 240015126
UPDATED: 203 min ago
$2,695,000
  • 2
    BEDS
  • 0.55
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/152220560
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840 Sinkler Way Vista, CA 92083

  • Price: $2,695,000
  • Status: ACTIVE
  • On Site: 202 Days
  • Updated: 203 min ago
  • ID#: 240015126
2
Beds
1
Baths
0
½ Baths
0.55
Acres
Neighborhood:
Vista (92083)
County:
San Diego
Area:
Vista (92083)
Property 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.
Exterior Features

Construction Stucco Exterior Remarks Parking Garages Roof Other/Remarks Units With Garages 8

Interior Features

Cooling Wall/WindowOther Floor Coverings Other/Remarks Heating Other/Remarks Sq Ft Of Improvement 0 Unit Furnished1 No Units With Refrigerators 8

Property Features

Actual Gross Scheduled Income 155520.0 Actual Operating Expense 72216 Assumable Finance 2200000 Buildings 1 Complex Features Other/Remarks Existing Financing Other/Remarks Gross Equity 0 Gross Multiplier 17.7 Have 0 Mandatory Remarks None Known Market Area North County Monthly Rent Total 12960 Motive Want 0 Projected Cap Rate 4.9 Projected Gross Multiplier 12.8 Projected Gross Scheduled Inc 240000 Projected Net Income 151560 Short Sale No Unit Number1 8 Unit Rent Total1 12960 Unit Rent1 1620

San Diego MLS logo Listing provided courtesy of Dylan Ackley of JLM Real Estate Inc: 425-802-5404. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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4138 Napier St.
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