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121 Lincoln Rd, Vallejo, CA 94590
Priced at Only: $1,595,000
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Address: 121 Lincoln Rd, Vallejo, CA 94590
Property Location and Similar Properties
- MLS#: 41126020 ( )
- Street Address: 121 Lincoln Rd
- Viewed: 7
- Price: $1,595,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1938
- Bldg sqft: 0
- Days On Market: 35
- Additional Information
- County: SOLANO
- City: Vallejo
- Zipcode: 94590
- Subdivision: Vallejo Hills
- Provided by: The Pinza Group, Inc
- Contact: David David

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Descriptionwww.121Lincoln.com; 11 unit apartment complex offering excellent current income and solid long term upside. The units mix offers three 2bd/2bth units, five 1bd/1bth units, and three studio units. The property was originally built in 1938, offers approximately 4,548 square feet of rental space, and sits on an oversized 24,292 square foot lot with ample room for parking and possible future development. Many of the units have been remodeled and offer updated kitchens and bathrooms, wood floors, new cabinets, new tile, new lighting, and fresh paint. The building is easy to manage, with very little maintenance, providing low annual operating expenses. Currently, the property is almost 100% occupied with stable tenants with rents approximately 25% below market providing predictable income and a profitable investment. This is a perfect opportunity for an investor to acquire a turn key property in a rapidly improving neighborhood with excellent long term potential.
Features
Association Fee
- 0.00
Construction Materials
- See Remarks
Cooling
- See Remarks
Days On Market
- 24
Heating
- See Remarks
Parcel Number
- 0062061210
Sourcesystemkey
- 41126020:BMLS
Subdivision Name Other
- VALLEJO HILLS
Year Built
- 1938
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com
















