836 Sinkler Way - Apartments FOR SALE


Vista, CA 92083
$1,795,000 USD
858-336-9688
836 Sinkler Way, Vista, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/28
null | 6.35% Cap Rate

836 Sinkler Way
Vista, CA 92083


HIGHLIGHTS

  • All five units were extensively remodeled within the past 12 months, reducing near and long term capital expenditures.
  • Includes one 4BR/2BA house and four 2BR/1BA units—ideal for tenant demand and diversified income.
  • Current cap rate of 4.3% with pro forma cap rate of 6.3%, supported by Vista’s rising rental market.
  • 14,984 SF lot with low-density layout and functional separation between units.
  • Eight off-street parking spaces plus abundant street parking in a residential neighborhood.
  • Near downtown Vista, parks, shopping, and the SPRINTER station for convenient regional access.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$412 USD /SF

# OF UNITS

5

PRICE/UNIT

$359,000

CAP RATE

6.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

R3

APN/PARCEL ID

179-124-35

ASK ABOUT THIS PROPERTY

Jason LeeNara AdvisorsMore Info
858-336-9688

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Jason LeeNara AdvisorsMore Info
858-336-9688

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.