267 Alestar, Vista, California 92084, Vista, 92084 - 0 bed, 0 bath
Loading property details...
Vista, California 92084
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $1,500,000—positioned well below the $1,502,501 Fair Market Value by 0.17%. Featuring a Condition Rating of 3, the property benefits from a 2026 full-building re-plumbing and water heater replacement. With a diverse unit mix, assigned carports, and private patios/balconies, this asset offers stable rental demand near Downtown Vista. It is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a well-maintained, income-generating property with minimized immediate CapEx risk.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 Alestar Subject | $1,500,000* List Price | 0 | 0 | 4,260 | $353 | - |
A 1037 43 Meadowlake Drive Sold | $1,550,000 | 0 | 0 | 4,464 | $347 | 0.6 mi |
B 1045 51 Meadowlake Drive Sold | $1,550,000 | 0 | 0 | 4,464 | $347 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1965, the property has undergone significant recent capital improvements, including a full building re-plumbing and water heater replacement in 2026. Interior photos from 2025 show updated flooring, clean paint, and functional kitchens/baths, indicating the units are well-maintained and move-in ready.
The property features an exceptional unit mix, including a rare three-bedroom unit and unusually large floor plans totaling 4,260 square feet, which maximizes rental appeal and tenant retention.
A comprehensive full-building re-plumbing and water heater replacement completed in 2026 significantly reduces immediate CapEx risk and provides long-term peace of mind for investors.
Located on a desirable corner lot near Downtown Vista’s breweries, restaurants, and the Civic Center, the property benefits from a high-demand location with excellent walkability for residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9583, other record lot size in square feet = 10381.
The use of exterior photos from 2019 and interior photos dating back to 2020 may not accurately reflect the current aesthetic condition, potentially complicating initial buyer assessments.
While plumbing has been addressed, the 1965 construction date suggests that other original systems, such as electrical or roofing, may require ongoing monitoring and future investment.
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 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. 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 4,260 | 3,654 |
| Lot Size | 9,583 | 7,464 |
| Price | $1.50M | $1.61M |
| Price per sq ft | $352 | $553 |
| Built year | 1965 | 2025 |
| HOA | $0 | $265 |
| Days on market | 8 | 91 |
Jul 14, 2026
$1,500,000
Initial Listing
Aug 7, 2018
$980,000
Public Record
Jul 30, 2013
$600,000
Public Record
Apr 30, 2001
$338,000
Public Record