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102-116 Avian Dr 8 Unit Apartment Building $2,883,258 CAD ($360,407 CAD/Unit) 5.05% Cap Rate Vallejo, CA 94591



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.
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 | Apartment Style | Low-Rise |
| Price Per Unit | $360,407 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.43 AC |
| Cap Rate | 5.05% | Building Size | 8,208 SF |
| Gross Rent Multiplier | 11.22 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 0.97/1,000 SF |
| Zoning | MDR | ||
| 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 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Total Assessment | $2,674,489 CAD | |
| Land Assessment | $525,096 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $2,149,393 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
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
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102-116 Avian Dr
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