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121 Lincoln Rd W
Vallejo, CA 94590 South Vallejo

$1,650,000 USD

Apartments For Sale  •  7,500 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,550 SF
  • Lot Size 0.56 AC
  • Building Class C
  • Year Built 1950
  • Cap Rate 9.16 %
  • Zoning R-3, Vallejo
26 Transit Score
50 Walk Score

Highlights

11-Unit Investment Offering Three 2bd/2bth Units, Five 1bd/1bth Units, and Three Studios
Excellent Current Cash Flow and Huge Rental Upside
Huge 24,292 Square Foot Lot w/ Development Potential
Remodeled Units with New Kitchens, Bathrooms, Newer Flooring, Fresh Paint, Custom Title and New Lighting
Current Rents Roughly 25% Below Market Rates
High Rental Demand Location Near Restaurants and Shopping with Fast Access to HWY80
Cap Rate: 9.16 %

Public Transportation

AirportDriveWalkDistance
Metro Oakland International 44 min - 33.5 mi
San Francisco International 56 min - 41.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
David Howarth 510-822-1331 Pinza Group
David Howarth 510-822-1331 Pinza Group