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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

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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.

ATTACHMENTS

814 York St. OM

DATA ROOM Click Here to Access

PROPERTY FACTS

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
Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0056-206-160
Land Assessment
$86,625 CAD
Improvements Assessment
$205,740 CAD
Total Assessment
$292,365 CAD
  • Listing ID: 30019907

  • Date on Market: 2023-11-09

  • Last Updated:

  • Address: 814 York St, Vallejo, CA 94590

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