247 Alestar St, Vista, CA 92084
- $1,387,430
- 5
- BD
- 4
- BA
- Sold Price
- $1,387,430
- List Price
- $1,350,000
- Closing Date
- Dec 27, 2023
- Status
- CLOSED
- MLS#
- NDP2308526
- Bedrooms
- 5
- Bathrooms
- 4
- City
- Vista
- Property Type
- Multifamily
Property Description
The property features 8 total beds and 7 baths and a unit mix of (1) three-bedroom, two-bath, (2) two-bedroom, two-baths, and (1) onebedroom, one-bath apartments. Each unit averages $1,761 per month in rent and markets rents average $2,750 per month, with a total of 56%+/- rental upside potential. Each unit features a patio or balcony, interior upgrades in 2016/2017 along with new windows, new HVAC systems including air conditioning, newer roofs on both the car port and a mainstructure. The elevated walkways, balconies and railings have had recent upgrades and repairs. There are four car port parking spaces and an attached, upgraded, laundry room. Both gas and electric are separately metered and the building features two water heaters, one of which was replaced in 2023. Multiple upgrades to the property have been made in the past 7 years including exterior paint and stucco, new windows, gutters, upgraded interiors, roofs, windows, doors and more.
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Listing courtesy of Listing Agent: Eric von Bluecher (760-929-9700) from Listing Office: Lee & Associates.
Selling Office: Apartment Consultants Incorporated.
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