814 York St
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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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Price | $699,000 | Property Subtype | Apartment |
Price Per Unit | $174,750 | Apartment Style | Low Rise |
Sale Type | Investment | Lot Size | 0.13 AC |
Cap Rate | 8.14% | Building Size | 2,582 SF |
Gross Rent Multiplier | 10.16 | Average Occupancy | 25% |
No. Units | 4 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1905 |
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 |
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Walk Score ®
Very Walkable (84)
PROPERTY TAXES
Parcel Number | 0056-206-160 | Improvements Assessment | $140,339 |
Land Assessment | $59,089 | Total Assessment | $199,428 |
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) |
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814 York St
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