Apartment Development Land
For Sale
$350,000
78 Springs Rd, Vallejo, CA 94590
1.22-acre site with completed drawings and near-final entitlements for a 30-unit apartment project and 41 parking spaces.
Property SizeContact for details
Lot Size1.22 Acres
Days on Market47
Property Features for 78 Springs Rd
General Information
Standard status
Active
Total Parking Spaces
41
Lot size
1.22 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Multifamily Units
30
Listing Agency:
BCRE
(510) 815-2000
Listed By:
Davide Pio · License #01522969
(510) 815-2000
Source:
Elliman
Added: Jul 9
Changed: Aug 8
Last Checked: Jul 9 at 2:00AM
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 BCRE
Investment Insights
Based on property information with market context.
This 1.22-acre land offering includes completed architectural drawings and entitlements for a 30-unit apartment project, consisting of 18 one-bedroom units and 12 two-bedroom units, with 41 parking spaces. The seller indicates the project is expected to be CEQA exempt, with an estimated six-month approval process to complete approved status with the City of Vallejo prior to moving into MEP (Mechanical, Electrical, and Plumbing) drawings.
The buyer should confirm all density bonus eligibility and allowable uses with the City of Vallejo. The remarks cite California AB 1286, which may allow up to 100% bonus density, potentially enabling the project to proceed as drawn or to pursue additional units, subject to City approval.
The property is described as located in an established retail corridor with nearby shopping, services, and daily conveniences. Highway 80 access is noted as nearby, connecting to other parts of the Bay Area. WalkScore is 80 (Very Walkable), bikeScore is 58 (Bikeable), and transitScore is 30 (Some Transit).
The buyer should confirm all density bonus eligibility and allowable uses with the City of Vallejo. The remarks cite California AB 1286, which may allow up to 100% bonus density, potentially enabling the project to proceed as drawn or to pursue additional units, subject to City approval.
The property is described as located in an established retail corridor with nearby shopping, services, and daily conveniences. Highway 80 access is noted as nearby, connecting to other parts of the Bay Area. WalkScore is 80 (Very Walkable), bikeScore is 58 (Bikeable), and transitScore is 30 (Some Transit).
Key Highlights
- 1.22‑acre site at 78 Springs Rd in Vallejo, CA, with completed drawings for a 30‑unit apartment project.
- Unit mix includes 18 one‑bedroom units and 12 two‑bedroom units.
- Plans call for 41 parking spaces for the 30‑unit apartment project.
Property Analytics
Current Use
Lease Details
30
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Explore this area
Business Placement
Demographics for 94590, CA
39,981
Population
16,500
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
6.6 sq mi
ZIP Area
6,058
Density / Sq Mi
$66,957
Median Household Income
$43,383
Median Earnings
$1,768
Median Rent
$510,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.22-acre site with completed drawings and near-final entitlements for a 30-unit apartment project and 41 parking spaces.
Where is this residential land & home lot located?
The property is located at 78 Springs Rd Vallejo, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1.22‑acre site at 78 Springs Rd in Vallejo, CA, with completed drawings for a 30‑unit apartment project.; Unit mix includes 18 one‑bedroom units and 12 two‑bedroom units.; Plans call for 41 parking spaces for the 30‑unit apartment project.
