Duplex with Private
159 161 Walker Way, Vista, CA 92083
For Sale
$895,000
Two separately configured residences sit on a corner parcel near downtown Vista and shopping along S. Santa Fe Avenue.
Property Size1,500 SF
Lot Size0.20 Acres
Price / SF$596.67
Days on Market114
Property Features for 159 161 Walker Way
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Units
Unit Mix
Multifamily Units
Amenities
private patios
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty of Southern California, Inc.
Listed By:
Underdahl, Jeffrey Philip · License #01077484
(760) 271-8772
Source:
Jeffunderdahl
Added: Jul 18
Changed: Nov 7
Last Checked: Nov 7 at 2:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Southern California, Inc.
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Investment Insights
Based on property information with market context.
Built in 1959, this 1,500-square-foot duplex contains two residences, each with two bedrooms, one bathroom, and a private patio. The property occupies an 8,500-square-foot corner lot in Vista.
Downtown Vista and shopping centers along S. Santa Fe Avenue are nearby, and freeway access is less than five minutes away. The two-unit layout and individual patios define the property’s residential configuration.
Downtown Vista and shopping centers along S. Santa Fe Avenue are nearby, and freeway access is less than five minutes away. The two-unit layout and individual patios define the property’s residential configuration.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,500‑square‑foot duplex on an 8,500‑square‑foot corner lot
- Private patio for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,876
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,520
$537.5K
Cap Rate 7%
$383,943
$383.9K
Cap Rate 9%
$298,622
$298.6K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$40.5K $27.00/SF
− Vacancy
−$2.1K −$1.40/SF
EGI
$38.4K $25.60/SF
− OpEx
−$11.5K −$7.68/SF
NOI
$26.9K $17.92/SF
Area
San Diego County, CA
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,520
Cap Rate 7%
$383,943
Cap Rate 9%
$298,622
Alternative Uses
Best Use
Multifamily LT 5
$383.9K
$336.0K – $447.9K
NOI $26,876 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$356.0K
$311.5K – $415.4K
NOI $24,923 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$687.3K
$601.4K – $801.8K
NOI $48,108 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,415
Businesses Nearby
Explore this area
Business Placement
Demographics for 92083, CA
39,219
Population
11,901
Households
3.3
Avg Household Size
33
Median Age
20%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
7,131
Density / Sq Mi
$82,614
Median Household Income
$40,145
Median Earnings
$2,104
Median Rent
$607,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in San Diego County, CA
Properties on Market for Duplexes in San Diego County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured residences sit on a corner parcel near downtown Vista and shopping along S. Santa Fe Avenue.
Where is this duplex located?
The property is located at 159 161 Walker Way Vista, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,500‑square‑foot duplex on an 8,500‑square‑foot corner lot; Private patio for each residence
