Property summary
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.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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