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    Vallejo Apartment Complex For Sale Title is generated by Realmo AI

    121 Lincoln Rd, Vallejo, CA 94590

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    For Sale
    $1,595,000

    Eleven-unit apartment complex with income potential in rapidly improving neighborhood.

    Property size:
    4,550 SF
    Lot size:
    0.56 Acres
    Price / SF:
    $350/SF
    Added:
    Mar 6, 2026
    Days on Market:
    88
    Last Refresh:
    Mar 16 at 11:00 am

    Property Features for 121 Lincoln Rd

    General Information

    Standard status
    Active
    Size
    4,550 SF
    Lot size
    0.56 Acres

    Building Details

    Year Built
    1938

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    Listing Contact
    DAVID HOWARTH

    Listing agent DAVID HOWARTH License #01360348

    Listing office THE PINZA GROUP, INC

    Listing date Mar 6, 2026

    Source Corcoran

    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 THE PINZA GROUP, INC

    HighLights

    • Almost 100% occupancy with stable tenants ensures predictable income.
    • Rents are approximately 25% below market, offering significant upside potential.
    • Low‑maintenance building results in low annual operating expenses.
    • Mix of unit types caters to a broad tenant base.
    • Remodeled units feature updated kitchens and bathrooms, wood floors, and new finishes.
    • Oversized 24,292 sq ft lot provides ample parking and potential for future development.

    Overview

    This 11-unit apartment complex presents an opportunity for income and long-term growth. Constructed in 1938, the property includes three 2-bedroom/2-bathroom units, five 1-bedroom/1-bathroom units, and three studio units. The building provides approximately 4,548 square feet of rental space and is situated on a 24,292 square foot lot, offering parking space and potential for future development. Several units have been remodeled with updated kitchens and bathrooms, wood floors, new cabinets, new tile, new lighting, and fresh paint. The property is designed for ease of management, requiring minimal maintenance and resulting in low annual operating expenses. The property is almost fully occupied with stable tenants. Rents are approximately 25% below market value. This property is located in a rapidly improving neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vallejo
    County
    Solano
    State
    California
    Longitude
    -122.2339924
    Latitude
    38.0819695

    FAQs

    What type of property is this?
    Apartment building - Eleven-unit apartment complex with income potential in rapidly improving neighborhood.
    Where is this apartment building located?
    The property is located at 121 Lincoln Rd Vallejo, CA.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: Almost 100% occupancy with stable tenants ensures predictable income.; Rents are approximately 25% below market, offering significant upside potential.; Low‑maintenance building results in low annual operating expenses.
    More about this property
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