1021 Carolina St
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1021 Carolina St
3 Unit Apartment Building $825,000 ($275,000/Unit) Vallejo, CA 94590
Investment Highlights
- BUYER CONCESSION CONSIDERED! Amazing NE facing tri-plex with a stunning Victorian styled main house (2BR/1.5BA) ideal for owner's living unit
- This triplex is located in a residential neighborhood w/ other Victorians. It has easy access to I-680, I-80 and the San Francisco Ferry
- Two additional units in the rear of house each w/ 2BR/1BA floorplans. Both rented at $1,750/mo and $1,600/mo
Executive Summary
Amazing commuter friendly, northeast facing tri-plex with a stunning Victorian styled main house with 2 bedrooms, a den and 1.5 bathrooms. Two additional units in the rear of house each with 2 bedroom/1 bathroom floorplans. Live in the main house and rent the back for additional income.
Main house has period details including the beautiful wood floors, trim and doors. The remodeled kitchen with stainless steel appliances is spacious and bright. The large basement is great for storing all your sports equipment, or turn it into a workshop, a gym or an office for remote work. (Or rent it out for more income!)
The duplex in the rear offers an upper and lower unit both with individual detached carports with enclosed new garage doors and automatic openers. The upper unit was recently remodeled with luxury vinyl plank flooring. You'll love the steady income that will help pay for your expenses.
This triplex is located in a residential neighborhood with other Victorians. It has easy access to I-680, I-80 and the San Francisco Ferry.
It makes a great owner occupied rental property or buy it as an income property!
Main house has period details including the beautiful wood floors, trim and doors. The remodeled kitchen with stainless steel appliances is spacious and bright. The large basement is great for storing all your sports equipment, or turn it into a workshop, a gym or an office for remote work. (Or rent it out for more income!)
The duplex in the rear offers an upper and lower unit both with individual detached carports with enclosed new garage doors and automatic openers. The upper unit was recently remodeled with luxury vinyl plank flooring. You'll love the steady income that will help pay for your expenses.
This triplex is located in a residential neighborhood with other Victorians. It has easy access to I-680, I-80 and the San Francisco Ferry.
It makes a great owner occupied rental property or buy it as an income property!
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $825,000 | Building Class | C |
| Price Per Unit | $275,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,664 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 66% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | Parking Ratio | 0.75/1,000 SF |
| Apartment Style | Single Family Home |
| Price | $825,000 |
| Price Per Unit | $275,000 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,664 SF |
| Average Occupancy | 66% |
| No. Stories | 2 |
| Year Built | 1929 |
| Parking Ratio | 0.75/1,000 SF |
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,675 | 650 |
| 2+1.5 | 1 | $2,650 | 1,364 |
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Walk Score ®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 0056-181-050 | Improvements Assessment | $652,800 (2023) |
| Land Assessment | $204,000 (2023) | Total Assessment | $856,800 (2023) |
PROPERTY TAXES
Parcel Number
0056-181-050
Land Assessment
$204,000 (2023)
Improvements Assessment
$652,800 (2023)
Total Assessment
$856,800 (2023)
zoning
| Zoning Code | Multifamily (Residential Low Density) |
| Multifamily (Residential Low Density) |
-
Alan Chan - Synergi Properties LLC
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1021 Carolina St
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