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814 York St

4 Unit Apartment Building $699,000 ($174,750/Unit) 8.14% Cap Rate Vallejo, CA 94590

Investment Highlights

  • Value-Add Fix-and-Flip/Hold Opportunity! To be Purchased As Is
  • Priced to Sell - Perfect for Owner/Users or Fixers looking to get a below market value deal in a great location
  • Desirable Neighborhood Near Downtown Vallejo, SF Ferry, Sonoma Blvd, Interstate 80, i-780, and the Carquinez Bridge
  • Showings: Please contact Marco McMullen @ 510-847-1004
  • (1) 1b/1b & (3) Large Studios - 3 units VACANT, 1 unit Month-To-Month
  • Beautiful Victorian Style Architecture Surrounded by Similar Style Buildings

Executive Summary

Berger & Associates of NAI Northern California welcomes the exclusive sale of 814 York Street in Vallejo, CA. The Victorian-style fourplex property consists of two 1b/1b units and two large studio units on a large 6,000sqft lot. This is perfect for opportunistic fix & flippers, new/experienced investors &/or an owner-user. 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. SALE CONDITIONS: To Be Purchased As Is.

Attachments

814 York St. OM

Data Room Click Here to Access

Property Facts

Price $699,000
Price Per Unit $174,750
Sale Type Investment
Cap Rate 8.14%
Gross Rent Multiplier 10.16
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Lot Size 0.13 AC
Building Size 2,582 SF
Average Occupancy 25%
No. Stories 2
Year Built 1905

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 $1,500 500 - 700
1+1 1 $1,650 900
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0056-206-160
Land Assessment
$59,089
Improvements Assessment
$140,339
Total Assessment
$199,428

zoning

Zoning Code RM2 (Residential Mixed)
RM2 (Residential Mixed)
  • Listing ID: 30019907

  • Date on Market: 11/9/2023

  • Last Updated:

  • Address: 814 York St, Vallejo, CA 94590

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