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Alabama St Vallejo, CA 94590

For Sale
$1,495,000

Remodeled 8-unit apartment complex in high-demand Vallejo location.

Property size:
3,480 SF
Lot size:
0.15 Acres

Property Features for Alabama St

General Information

Standard status
Active
Size
3,480 SF
Lot size
0.15 Acres

Building Details

Year built
1961

Source: THE PINZA GROUP, INC Agent DAVID HOWARTH

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Vallejo Multifamily Investment Opportunity

This 8-unit apartment complex presents an investment opportunity with current income and rental upside. Constructed in 1961, the property features eight 1-bedroom, 1-bathroom units and is fully occupied. The building provides approximately 3,480 square feet of rental space on a 6,400 square foot lot, with off-street parking available. The interior has been remodeled with updated kitchens, bathrooms, flooring, and lighting. Exterior upgrades include newer paint, seal-coated asphalt, a new roof, new fencing, and newer exterior lighting. The property is separately metered for PGE, contributing to low operating expenses. Both the interior and exterior are in good condition, presenting a turn-key investment. Located in an Opportunity Zone, the property offers potential tax benefits. Situated in a high-demand area near restaurants, coffee shops, and shopping in Downtown Vallejo, it is also a short drive to HWY 37, the Vallejo Marina, and Mare Island, making it a popular rental location.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Vallejo
County
Solano
State
California
Longitude
-122.263317
Latitude
38.109408

FAQs

What type of property is this?
Apartment building - Remodeled 8-unit apartment complex in high-demand Vallejo location.
Where is this apartment building located?
The property is located at Alabama St Vallejo, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: - Excellent current income with strong rental upside.; - 100% occupied 8-unit apartment complex.; - Fully remodeled interiors with new kitchens, bathrooms, flooring, and lighting.
More about this property
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