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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.
Property Type(s):
Residential Income
| Last Updated | 10/21/2026 | Year Built | 1965 |
|---|---|---|---|
| Community | 92084 - Vista | County | San Diego |
Price History
| Prior to Sep 3, '26 | $1,500,000 |
|---|---|
| Sep 3, '26 - Today | $1,450,000 |
Additional Details
| APPLIANCES | Dishwasher, Refrigerator, Water Heater |
|---|---|
| AREA | 92084 - Vista |
| INTERIOR | Walk-In Closet(s) |
| LOT | 9583 sq ft |
| LOT DESCRIPTION | Corner Lot, Cul-De-Sac, Landscaped, Near Public Transit |
| LOT DIMENSIONS | 9583 |
| PARKING | Assigned, Carport, Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with Sundial Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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