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121 Lincoln Rd Vallejo, CA 94590

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For Sale
$1,595,000

Eleven-unit apartment complex with income potential in a growing neighborhood.

Type:Investment
Property size:
4,548 SF
Lot size:
0.56 Acres
Added:
Apr 24, 2026
Days on Market:
5
Last Refresh:
Apr 24 at 8:01 pm

Property Features for 121 Lincoln Rd

General Information

Standard status
Active
Size
4,548 SF
Lot size
0.56 Acres
Property subtype
Investment

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 Apr 24, 2026

Source Elliman

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


Overview

Vallejo Multifamily Investment Opportunity

This 11-unit apartment complex presents an investment opportunity with current income and long-term potential. 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. Many 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. Located in a rapidly improving neighborhood, this property offers long-term potential.
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

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  • 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 a growing 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% occupied with stable tenants, providing predictable income.; Rents are approximately 25% below market, offering significant upside potential.; Low‑maintenance building with low annual operating expenses.
More about this property
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