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Investment Highlights

  • Strong Unit Mix 3/2 * 2/2 * 2/2 * 1/1
  • Gas & Electric are Separately Metered for each unit
  • SB721 Inspection & Repairs Complete (2024-25)
  • 4,260sf * Spacious units with Assigned Carport Parking + Storage
  • Complete Plumbing replacement July 2026

Executive Summary

267 Alestar St presents an exceptional four-unit investment opportunity situated on a desirable corner lot in the heart of Vista. The property
features a strong unit mix consisting of (1) three-bedroom, two-bath unit, (2) two-bedroom, two-bath units, and (1) one-bedroom, one-bath unit.
Encompassing approximately 4,260 square feet, the apartments offer unusually spacious floor plans that are highly attractive to tenants. Each unit
includes an assigned carport parking space with a private storage unit, as well as its own patio or balcony. Residents also enjoy access to an on-site laundry facility with professionally managed owned washer and dryer equipment, providing an additional source of income for ownership. Both gas and electric
utilities are separately metered, helping minimize operating expenses. The property has been professionally managed and well maintained, with
numerous capital improvements completed over the years, including upgrades to decking, railings, and plumbing systems. An extensive, full
building re-plumbing and water heater replacement project was just completed in July 2026, offering added value
and peace of mind for future ownership. Ideally located near Downtown Vista, the property is within close proximity to popular restaurants,
breweries, the Vista Magnet School, Library, and Civic Center, making it a convenient and desirable location for residents. PLEASE DO NOT WALK
THE PROPERTY OR DISTURB TENANTS. Exterior Photos were taken in 2019, Interior photos taken in 2020 and 2025.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,084,850 CAD
Price Per Unit $521,212 CAD
Sale Type Investment
Cap Rate 5.42%
Gross Rent Multiplier 14.31
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 4,747 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965
Zoning R-M (21)

Amenities

Unit Amenities

  • Balcony
  • Heating
  • Refrigerator
  • Patio

Site Amenities

  • Laundry Facilities
  • Trash Pickup - Curbside
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $3,746 CAD -
2+2 2 $2,808 CAD -
1+1 1 $2,495 CAD -
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
176-110-50
Land Assessment
$774,915 CAD
Improvements Assessment
$774,915 CAD
Total Assessment
$1,549,830 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41099386

  • Date on Market: 2026-06-29

  • Last Updated:

  • Address: 267 Alestar St, Vista, CA 92084

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