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814 York St 4 Unit Apartment Building $942,246 CAD ($235,562 CAD/Unit) 8.61% Cap Rate Vallejo, CA 94590



INVESTMENT HIGHLIGHTS
- (1) 2b/1ba, (2) 1b/1ba, & (1) Studio - 2 Vacant Units, 1 Unit MTM
- High Cap Rate Cash-Flowing Deal with Strong Upside in the Rents
- Ample Yard Space & Parking. Minimal Deferred Maintenance on Interior
- Beautiful Victorian Style Architecture in Ideal Vallejo Location - Great Neighborhood!
- New Owners Can Implement RUBS Upon Turnover, Keeping Expenses Minimal. Current Tenants Pay PG&E
- Owner-Occupy Opportunity. Value-add Opportunity
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 one 2b/1b unit, two 1b/1b units, and one large studio unit on a large 6,000sqft lot. This is perfect for new/experienced investors, an owner-user, &/or opportunistic fix & flippers. 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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $942,246 CAD | Property Subtype | Apartment |
| Price Per Unit | $235,562 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 8.61% | Building Size | 2,582 SF |
| Gross Rent Multiplier | 8.69 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1905 |
| Property Type | Multifamily | ||
| Zoning | RM2 - Residential Mixed | ||
| Price | $942,246 CAD |
| Price Per Unit | $235,562 CAD |
| Sale Type | Investment |
| Cap Rate | 8.61% |
| Gross Rent Multiplier | 8.69 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.13 AC |
| Building Size | 2,582 SF |
| No. Stories | 2 |
| Year Built | 1905 |
| Zoning | RM2 - Residential Mixed |
AMENITIES
SITE AMENITIES
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $1,675 CAD | 580 - 700 |
| 1+1 | 2 | $2,303 CAD | 900 |
| 2+1 | 1 | $2,757 CAD | 650 |
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 0056-206-160 | Improvements Assessment | $205,740 CAD |
| Land Assessment | $86,625 CAD | Total Assessment | $292,365 CAD |
PROPERTY TAXES
Parcel Number
0056-206-160
Land Assessment
$86,625 CAD
Improvements Assessment
$205,740 CAD
Total Assessment
$292,365 CAD
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814 York St
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