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Investment Highlights

  • Attractive investment metrics with a 5.05% cap rate and NOI exceeding $125,000.
  • Located near San Pablo Bay, offering easy access to Sacramento and San Francisco.
  • Private balconies with scenic views and in-unit laundry for tenant convenience.
  • Surrounded by residential communities, retail amenities, and public transportation.
  • Professionally managed property with dedicated parking for each unit.
  • Eight remodeled townhome-style units with modern kitchens and stainless steel appliances.

Executive Summary

This 8-unit townhome-style apartment complex, located at 102-116 Avian Drive in Vallejo, presents a compelling investment opportunity. Recently remodeled units feature modern kitchens with quartz countertops and stainless steel appliances, spacious living areas with private balconies offering scenic views, and convenient in-unit laundry. The property is professionally managed, ensuring smooth operations, and includes dedicated parking. Situated in East Vallejo, residents enjoy easy access to public transportation and the natural beauty of nearby San Pablo Bay. The location's proximity to both Sacramento and San Francisco, coupled with the area's diverse community and calm residential atmosphere, drives strong rental demand. This property offers a stable income stream with potential for future appreciation in a thriving coastal California market.
The 8 unit townhome style apartments are located at 102-116 Avian Drive in Vallejo. Remodeled with updated kitchen with quartz counters, stainless steel appliances, spacious living room with private balcony and views, two levels, in-unit private laundry, one parking space, professionally managed and close to public transportation. The East Vallejo neighborhood represents city living at its best. Close to San Pablo Bay and only an hour from both Sacramento and San Francisco, the area provides a great place for renters looking for an apartment just north the San Francisco Bay. The diversity of the community and its surroundings give the neighborhood a unique cultural essence. Apartments, condos, and contemporary residential areas give the East Vallejo community a sense of calm among all of the other neighboring areas. Small diners, a few shops, and beautiful settings provide a great area for residency near California’s coast.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,883,258 CAD
Price Per Unit $360,407 CAD
Sale Type Investment
Cap Rate 5.05%
Gross Rent Multiplier 11.22
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.43 AC
Building Size 8,208 SF
Average Occupancy 100%
No. Stories 2
Year Built 1968
Parking Ratio 0.97/1,000 SF
Zoning MDR

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Heating
  • Kitchen
  • Refrigerator
  • Oven

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 8 - 1,000
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0069-462-060
  • 0069-462-050
Land Assessment
$525,096 CAD
Improvements Assessment
$2,149,393 CAD
Total Assessment
$2,674,489 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39822800

  • Date on Market: 2026-03-18

  • Last Updated:

  • Address: 102-116 Avian Dr, Vallejo, CA 94591

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