$1,500,000
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 leased and professionally managed washer and dryer equipment, providing an additional source of income for ownership, as well as two of the units paying $75/mo for water/sewer (not included in listed rents). 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 is was just completed in 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 are from 2019; Interior photos from 2020 and 2025.

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