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267 Alestar, Vista, CA 92084

$1,450,000
•
  • —

    bed

  • —

    bath

Multi-family for sale 102 days
$50K price drop

About 267 Alestar

Property type Multi-family
Year built 1965
HOA fee $0/month
Lot size 9,583 Sqft
Movoto estimate
Rental estimate
Property description
267 Alestar St presents an attractive four-unit investment opportunity on a desirable corner lot in the heart of Vista, offering investors a well-maintained, professionally managed asset with significant capital improvements and updates to many of the property’s major systems. The approximately 4,260-square-foot property features an attractive unit mix of (1) Three-bedroom, Two-bath unit, (2) Two-bedroom, Two-bath units, and (1) One-bedroom, One-bath unit. The unusually spacious floor plans provide highly desirable living space for tenants, with each unit offering an assigned carport parking space with private storage, plus an individual patio or balcony. Ownership benefits from numerous completed capital improvements designed to enhance long-term property performance, potentially reducing near-term maintenance requirements. Major systems and building components have been updated, replaced, or completed over time, representing a significant investment in the property’s core infrastructure, including decking, railings, plumbing, and water heaters. A comprehensive full-building re-plumbing and water heater replacement project was completed in July 2026, providing a significant infrastructure upgrade for future ownership. Exterior elements have also been addressed in connection with applicable SB 721 requirements, further enhancing the property's long-term maintenance profile. The property also features low maintenance and water-wise landscape elements, helping support efficient water use while maintaining attractive outdoor areas. Both gas and electric utilities are separately metered, helping minimize operating expenses. An on-site laundry room with professionally managed washer and dryer equipment provides an additional income stream for ownership. Ideally located near Downtown Vista, the property offers residents convenient access to popular restaurants, breweries, the Vista Magnet School, Library, and Civic Center. With its spacious unit mix, separately metered utilities, additional laundry income, desirable corner-lot location, and substantial investment in major building systems and capital improvements, 267 Alestar St represents a compelling opportunity to acquire a well-maintained multifamily asset in Vista. PLEASE DO NOT WALK THE PROPERTY OR DISTURB TENANTS.
Listed by
Listing Agent - Stephan McLaughlin
Listing Agent Contact: 310-350-5067
Listing Office - Sundial Real Estate
Source: CRMLS mls logo
MLS#ND26137762 • last updated 1 week ago
Movoto checked CRMLS for data 7 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.22
Lot Size (SqFt) 9583
Year Built 1965
Interior
Laundry Community
Other Room(s) Walk-In Closet
Appliances Water Heater, Refrigerator, Dishwasher
Exterior
Building Area Square Feet, 4260
Parking Assigned, Paved, Carport
# Carport Spaces 4
# Parking Spaces 4
Lot Description Corner Lot, Cul-De-Sac, Landscaped, Near Public Transit
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Inclusions Seller Owned Appliances.
Spa None
Pool None
Location
County San Diego
Community Features Curbs, Street Lights
Directions 76, North On Civic Center Dr, Right Onto Eucalyptus, Left Onto Alestar. Corner Of Alestar & Normark Terr.
APN 1761105000
Multifamily Details
Tenant Pays Other
Expense: Trash 1614
Laundry Income 626
Operating Expense 23416
Cap Rate 5.61
Expense: Insurance 2000
Total Expenses 23416
Expense: Water/ Sewer 1818
Gross Income 104786
Expense: Electric 600
Gross Multiplier 13.84
Gross Scheduled Income 104786
Expense: Gardener 1200
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

Explore everything this neighborhood has to offer.
54/100
Walk
92/100
Family
73/100
Dining
91/100
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  • Real Estate
  • CA
  • San Diego County
  • Vista
  • 92084
  • 267 Alestar

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