Property Detail
Description
8-unit apartment complex with excellent current income and strong rental upside. The property offers eight 1bd/1bth units and is currently 100% occupied. The property was originally built in 1961, offers approximately 3,480 square feet of rental space, and sits on a 6,400 square foot lot with ample room for off-street parking. The interior has been fully remodeled with new kitchens, new bathrooms, new flooring, lighting and more. The exterior also offers numerous upgrades including newer paint, seal coated asphalt, a new roof, new fencing, and newer exterior lighting. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The interior and exterior are in great condition with no deferred maintenance providing an attractive turn-key investment for the next owner. The property is located in an Opportunity Zone providing excellent tax benefits. This is a high-demand location near numerous restaurants, coffee shops and shopping in Downtown Vallejo. The property is only a short drive to HWY 37, the Vallejo Marina, and Mare Island making this a popular rental location.
Map Location
Listing provided courtesy of David Howarth of The Pinza Group, Inc. Last updated 2025-11-12 09:11:24.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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