248 Alestar St - Multi-Family FOR SALE


Vista, CA 92084
$1,400,000 USD
619-226-6011
248 Alestar St, Vista, CA for Sale
$1,400,000 USD
Multi-Family - FOR SALE
1/18
null | 3.5% Cap Rate

248 Alestar St
Vista, CA 92084


HIGHLIGHTS

  • Laundry On-Site
  • 4 Covered Parking Spaces
  • Great Value-Add Upside
  • Potential for ADUs
  • Close to Downtown Vista Attractions

OVERVIEW

DO NOTWALK ON THE PROPERTY OR DISTURB TENANTS. We are pleased to present this four-unit property at 248 Alestar St. in Vista. The property features a strong unit mix and updated roofing. (1) 3 bedroom 2 bath, (2) 2 bedroom 2 baths, (1) 1 bedroom 1 bath. At over 4,400 square feet, these units are incredibly spacious. Large lot over 12,000 square feet for additional value add potential. Separate gas and electric meters for each unit. Laundry is on-site. Property includes 4 covered parking spaces as well as street parking in addition to the bus stop just steps away. Close to downtown Vista restaurants, breweries, Vista Magnet Middle School, and the library. Great value-add upside by renovating units and exploring ADUs. Virtual Tour: https://my.matterport.com/show/?m=ZAtvFtvfDJY

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

4

PRICE/UNIT

$350,000

CAP RATE

3.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

248 Alestar St.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,013 SF

ZONING

R-3:Restricted Multiple

APN/PARCEL ID

176-110-56-00

ASK ABOUT THIS PROPERTY

Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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