121 Lincoln Rd, Vallejo, CA 94590

Vallejo
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
121 Lincoln Rd,Vallejo, CA 94590
$1,595,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: david howarth
Office: the pinza group, inc510-725-4775
MLS#:41126020
Source:CRMLS

Price summary

  • Price:$1,595,000

About this home

www.121Lincoln.com; 11-unit apartment complex offering excellent current income and solid long-term upside. The units mix offers three 2bd/2bth units, five 1bd/1bth units, and three studio units. The property was originally built in 1938, offers approximately 4,548 square feet of rental space, and sits on an oversized 24,292 square foot lot with ample room for parking and possible future development. Many of the units have been remodeled and offer updated kitchens and bathrooms, wood floors, new cabinets, new tile, new lighting, and fresh paint. The building is easy to manage, with very little maintenance, providing low annual operating expenses. Currently, the property is almost 100% occupied with stable tenants with rents approximately 25% below market providing predictable income and a profitable investment. This is a perfect opportunity for an investor to acquire a turn-key property in a rapidly improving neighborhood with excellent long-term potential.

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Home facts

  • Year built:1938
  • Listing ID #:41126020
  • Added:56 day(s) ago
  • Updated:May 01, 2026 at 10:31 AM

Structure and exterior

  • Year built:1938
  • Lot area:0.56 Acres

Finances and disclosures

  • Price:$1,595,000

Parking

  • Total parking spaces:11
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