Vallejo Multifamily Investment
121 Lincoln Rd, Vallejo, CA 94590
Eleven-unit apartment complex with income potential in a growing neighborhood.
Type:Investment
Property size:
4,548 SFLot size:
0.56 AcresPrice / SF:
$350/SF- Added:
- Apr 24, 2026
- Days on Market:
- 40
- 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
Listing agent David Howarth License #01360348 (510) 822-1331
Listing office THE PINZA GROUP, INC (510) 822-1331
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
HighLights
- 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.
- Mix of unit types: three 2bd/2bth, five 1bd/1bth, and three studio units.
- Oversized 24,292 sq ft lot with ample parking and possible future development potential.
- Many units remodeled with updated kitchens and bathrooms, wood floors, new cabinets, new tile, new lighting, and fresh paint.
Overview
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
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.2339924
- Latitude
- 38.0819695
Nearby Similar for Sale
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.
