Vallejo 8-Unit Townhome
For Sale
Contact for pricing
102-116 Avian Drive, Vallejo, CA 94591
Remodeled 8-unit townhome complex in East Vallejo.
Property Size8,208 SF
Price / SF$237.57
Days on Market212
Property Features for 102-116 Avian Drive
General Information
Standard status
Active
Size
8,208 SF
Class
B
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$105,975
Building Details
Year Built
1968
Units
8
Listing Agency:
Baniqued Commercial Real Estate
Listed By:
Brian Baniqued · License #CA
(510) 222-0900
Source:
Crexi
Added: Mar 18
Changed: Oct 15
Last Checked: Oct 14 at 11:11PM
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 Baniqued Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 102-116 Avian Drive in Vallejo, this 8-unit townhome-style apartment complex offers an investment opportunity. The units have been recently remodeled and feature updated kitchens with quartz countertops and stainless steel appliances. The apartments also include spacious living areas with private balconies that offer views, as well as in-unit laundry. The property is professionally managed and includes dedicated parking. Situated in East Vallejo, the property is near public transportation and the San Pablo Bay. The location provides access to both Sacramento and San Francisco. The East Vallejo neighborhood includes apartments, condos, and contemporary residential areas. The area provides a place for renters looking for an apartment just north of the San Francisco Bay. The property offers a potential income stream in a coastal California market. The building size is 8,208 square feet.
Key Highlights
- Remodeled units with modern kitchens featuring quartz countertops and stainless steel appliances, spacious living areas, and private balconies with views.
- Townhome‑style apartments with in‑unit laundry.
- Professionally managed property ensuring smooth operations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,372
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,867,440
$2.9M
Cap Rate 7%
$2,048,171
$2.0M
Cap Rate 9%
$1,593,022
$1.6M
Market Conditions
NOI Build-Up for 8,208 SF
Gross rent
$273.8K $33.36/SF
− Vacancy
−$13.1K −$1.60/SF
EGI
$260.7K $31.76/SF
− OpEx
−$117.3K −$14.29/SF
NOI
$143.4K $17.47/SF
Area
Vallejo, CA
Vacancy
4.80%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,867,440
Cap Rate 7%
$2,048,171
Cap Rate 9%
$1,593,022
Alternative Uses
Best Use
Apartment 5plus
$2.05M
$1.79M – $2.39M
NOI $143,372 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.99M
$3.50M – $4.66M
NOI $279,630 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Explore this area
Business Placement
Demographics for 94591, CA
56,305
Population
20,543
Households
2.7
Avg Household Size
42
Median Age
31%
College-Educated
89%
High-School Grad
21.1 sq mi
ZIP Area
2,668
Density / Sq Mi
$107,849
Median Household Income
$50,607
Median Earnings
$2,218
Median Rent
$602,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Remodeled 8-unit townhome complex in East Vallejo.
Where is this apartment building located?
The property is located at 102-116 Avian Drive Vallejo, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Remodeled units with modern kitchens featuring quartz countertops and stainless steel appliances, spacious living areas, and private balconies with views.; Townhome‑style apartments with in‑unit laundry.; Professionally managed property ensuring smooth operations.
