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$1,450,000
4 Days On Site

121 Lincoln Road
Vallejo, CA94590

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
5,850
SqFt
$248
/SqFt
1938
Built
County:
Solano
Listed by Steve Belluomini of Corcoran Icon Properties [email protected]
Call Now: 916.218.4500
Is this the listing for you? We can help make it yours.
916.218.4500
121 Lincoln Road121 Lincoln Road121 Lincoln Road121 Lincoln Road
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Monthly Payment (Est.)

$6,615
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121 Lincoln Rd W presents the opportunity to acquire an 11-unit multifamily investment property situated on an oversized 25000 +-square-foot parcel in Vallejo. The property is currently zoned for Residential Medium Density, while ownership has operated the property as an apartment building for approximately the past six years. Sellers are motivated . The property offers investors an attractive combination of strong existing cash flow and meaningful value-add potential. Current rents are approximately 25% below prevailing market levels, creating a clear path to increase revenue over time through continued rent adjustments and unit renovations. Eight of the eleven units have already received substantial interior improvements, reducing the amount of immediate renovation work required by a new owner. In addition, all tenants are currently on month-to-month leases, providing increased flexibility for future lease management and implementation of the property's remaining rental upside.

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Listing Snapshot
Price 
$1,450,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,850 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.65 Acres
Year Built 
1938
MLS® Number 
ML82060020
Status 
Active
Property Tax 
$16,231
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
0.65
Parking Spaces 
18
Special Circumstances 
Standard
SqFt Total 
5850
Water Source 
Other
Zoning 
RMD
Interior Features
Cooling 
None
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Exterior Features
Roof 
Shingle
Community Features
MLS Area 
699 - Not Defined
School District 
Vallejo City Unified
Schools
School District
Vallejo City Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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