Carolina St Vallejo, CA 94591
- Land
- 0.15 lot acres
Current Use by Public Records
- Land
Property Details for 0 Carolina St
- Lot size
- 0.15 lot acres
- Property type
- Land
Description
Exceptional value-add opportunity awaits in Vallejo's Historic District. This nearly level 0.15-acre (6,500 sq ft) lot at 0 Carolina St, Vallejo, CA 94591 (APN 0056-134-140) offers fully entitled plans for a five-unit multi-family building. The approved plans detail five two-bedroom, one-bathroom units, each with a private balcony. Two units are ADA compliant. Construction drawings are nearing final approval, making this a nearly shovel-ready project. The planned building will encompass 8,504 square feet, representing a significant land value of $76 per square foot. This prime location presents an excellent opportunity for developers seeking a streamlined path to a profitable multi-family development. The asking price is $495,000. Don't miss this chance to capitalize on this exceptional value-add opportunity in a desirable area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.256
- Latitude
- 38.1041