814 York St - Apartments FOR SALE


$675,000 USD
510-847-1004
814 York St, Vallejo, CA for Sale
$675,000 USD
Apartments - FOR SALE
1/27
null | 8.61% Cap Rate


HIGHLIGHTS

  • (1) 2b/1ba, (2) 1b/1ba, & (1) Studio - 2 Vacant Units, 1 Unit MTM
  • Beautiful Victorian Style Architecture in Ideal Vallejo Location - Great Neighborhood!
  • High Cap Rate Cash-Flowing Deal with Strong Upside in the Rents
  • New Owners Can Implement RUBS Upon Turnover, Keeping Expenses Minimal. Current Tenants Pay PG&E
  • Ample Yard Space & Parking. Minimal Deferred Maintenance on Interior
  • Owner-Occupy Opportunity. Value-add Opportunity

OVERVIEW

Berger & Associates of NAI Northern California welcomes the exclusive sale of 814 York Street in Vallejo, CA. The Victorian-style fourplex property consists of one 2b/1b unit, two 1b/1b units, and one large studio unit on a large 6,000sqft lot. This is perfect for new/experienced investors, an owner-user, &/or opportunistic fix & flippers. Each unit is separately metered for PG&E. New owners have the ability to implement a Reimbursement Utility Billing System to keep expenses low. Additionally, tenants enjoy a large backyard area and off-street parking. 814 York St. is one of the most conveniently placed properties in Vallejo as it close to commuting routes such as the SF Ferry (0.4mi), Sonoma Blvd (0.1mi), Interstate 80 (1.5mi), i-780 (1.2mi), and the Carquinez Bridge (2.8mi). Owners and tenants also have the pleasure of easy access to national retailers, grocery outlets, restaurants, and Vallejo's downtown amenities. The placement of 814 York St. provides a unique opportunity for Owners to market vacancies as Vallejo has a population of about 125,000 making it one of the most populous cities in the North Bay. Additionally, Vallejo drives heavy foot traffic from Six Flags Discovery Kingdom, Children's Wonderland Park, and the fact that it hosts one of the few Naval Ports on the West Coast.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$261 USD /SF

# OF UNITS

4

PRICE/UNIT

$168,750

CAP RATE

8.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

RM2

APN/PARCEL ID

0056-206-160

ASK ABOUT THIS PROPERTY

Marco McMullenNAI Northern CaliforniaMore Info
510-847-1004

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Marco McMullenNAI Northern CaliforniaMore Info
510-847-1004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.