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836 Sinkler Way

Vista, CA 92083
  • $1,900,000
  • STATUS: ACTIVE
  • ON SITE: 59 Days
  • ID#: 240003518
$1,900,000
  • 6
    BEDS
  • 0.34
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

836 Sinkler Way is a well-maintained property that is comprised of four 2 bedroom/1 Bathroom units, and a spacious 4 Bedroom/2-bathroom house, with below market rents. All of the 2-bedroom units have undergone extensive renovations in 2023. The 4-bedroom house presents a unique opportunity for a savvy investor to convert the house into two separate rentable units, adding significant value and increased cash flow. The property offers an ample eight on-site parking spaces, six of which are within a secure carport. Can be sold individually or in a portfolio with 8602-08 Hurlbut St.

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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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/147683106
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836 Sinkler Way Vista, CA 92083

  • Price: $1,900,000
  • Status: ACTIVE
  • On Site: 59 Days
  • ID#: 240003518
6
Beds
3
Baths
0
½ Baths
0.34
Acres
Neighborhood:
Vista (92083)
County:
San Diego
Area:
Vista (92083)
Property Description
836 Sinkler Way is a well-maintained property that is comprised of four 2 bedroom/1 Bathroom units, and a spacious 4 Bedroom/2-bathroom house, with below market rents. All of the 2-bedroom units have undergone extensive renovations in 2023. The 4-bedroom house presents a unique opportunity for a savvy investor to convert the house into two separate rentable units, adding significant value and increased cash flow. The property offers an ample eight on-site parking spaces, six of which are within a secure carport. Can be sold individually or in a portfolio with 8602-08 Hurlbut St.
Exterior Features

Carports 6 Construction FrameStucco Parking Spaces Total 8

Interior Features

Cooling Other Floor Coverings Vinyl Sq Ft Of Improvement 4357

Property Features

Actual Cap Rate 3.88 Actual Gross Scheduled Income 124176.0 Actual Operating Expense 46661 Assumable Finance 0 Buildings 2 Complex Features Other/Remarks Gross Equity 0 Gross Multiplier 15.3 Have Units Leased Apartments 5 Mandatory Remarks None Known Market Area North County Monthly Rent Total 10348 Motive Want $ Projected Cap Rate 6.37 Projected Gross Multiplier 11.0 Projected Gross Scheduled Inc 172800 Projected Net Income 120955 Projected Operating Expense 46661 Sq Ft Source Buyer to VerifyTax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 1 Unit Number2 4 Unit Rent Total1 2300 Unit Rent Total2 8048 Unit Rent1 2300 Unit Rent2 2012

San Diego MLS logo Listing provided courtesy of Erik Anderson of NorthMarq Multifamily: 858-395-6935. Listing information © 2024 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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