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1901 Sonoma Blvd, Vallejo, CA 94590
Priced at Only: $2,100,000
For more Information Call Mobile: 714.478.6676
Address: 1901 Sonoma Blvd, Vallejo, CA 94590
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  • MLS#: 41118756 ( )
  • Street Address: 1901 Sonoma Blvd
  • Viewed: 4
  • Price: $2,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1921
  • Bldg sqft: 0
  • Days On Market: 23
  • Additional Information
  • County: SOLANO
  • City: Vallejo
  • Zipcode: 94590
  • Subdivision: Vallejo Heights
  • Provided by: The Pinza Group, Inc
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    www.1901sonoma.com; 12 unit apartment complex with excellent current income offering a 8.41% current cap rate and a 8.4 current GRM. Seller financing is available with 30% down payment, 3.0% interest only rate, a 5 year term, and no prepayment penalty. The unit mix offers one 3bd/1bth unit, one 2bd/1bth unit, nine 1bd/1bth units and one studio unit. The property was built in 1921, offers approximately 9,200 square feet of rental space, and sits on a combined lot size of 13,000 square feet. The sale also includes the vacant lot next door at 536 Capitol St which is currently being used for 15+ parking spaces and provides a future potential development opportunity. The units have been remodeled over time and feature upgraded kitchens, bathrooms, wood flooring, custom fixtures, and newer paint. The property is easy to manage, separately metered for gas and electric, with low annual operating expenses. This is an excellent Vallejo location only a few blocks to the restaurants and coffee shops in Downtown Vallejo and a short distance to Mare Island and the Vallejo Marina and the San Francisco Bay Ferry Terminal. Contact agent on website for more information.
Features
Association Fee
  1. 0.00
Construction Materials
  1. See Remarks
Cooling
  1. See Remarks
Heating
  1. See Remarks
Lockboxtype
  1. Supra
Parcel Number
  1. 0056163090
Sourcesystemkey
  1. 41118756:BMLS
Subdivision Name Other
  1. VALLEJO HEIGHTS
Tenant Pays
  1. Gas
Year Built
  1. 1921
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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