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836 Sinkler Way Way, Vista, CA 92083
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$1,795,000
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Home Details for 836 Sinkler Way Way
Price
$1,795,000
Type
Commercial/Industrial
Lot Size
0.3419
County
San Diego
MLS®️ Listing#
250027307SD
On exitrealty.com
150 days
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.
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Listing Courtesy: Nara Advisors, Inc. - 858-336-9688. Presented by: Jason Lee
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 16:46:59 and/or other sources. 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.
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Market statistics compiled from data from California Regional MLS.
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EXIT ALLIANCE REALTY
24791 Washington Ave, Murrieta, CA 92562
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.
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$1,795,000
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EXIT ALLIANCE REALTY
24791 Washington Ave, Murrieta, CA 92562
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.