Address
1945 Louisiana Street Vallejo, CA
Price
$ 2,300,000
Property Attributes
  • MLS#22022813
  • TypeMulti-Family
  • CountySOLANO
  • CityVallejo
  • AreaVallejo 4
  • Zip94590
  • StyleMulti Unit 5+
  • Price$ 2,300,000
  • Bedrooms39
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6028
  • Lot Size10,019 SqFt
Listing Provided Courtesy Of:
Gary Izard with Independent Rl Est Brokers - 5102767900
Property Description

Eleven unit apartment complex with bonus office unit. Managed by owner who takes pride in maintaining units and common areas. High income producing with a 6.0% capitalization rate. Two studios 1 bath. Six 1 bedrooms 1 bath. Three 2 bedrooms 1 bath. All units are occupied with rents current. All tenants have all been selected through a rigorous application process, reviewing credit scores, rental references and income qualifications. Separate gas and electric meters. Owner pays for water, sewage and trash. **This is an ideal property for a 1031 exchange or shift into a stable investment from an unpredictable stock market**

Price History
9/22/2020 Listed $2,300,000

General Features

Accessibility Features Wheelchair Ramp
Possession Close Escrow
Property Subtype Multi Unit 5+
Property Type Multi Unit 5+
Roof Composition, Shingle
Sale/lease-rent Sale
Status Active
Total Units 11
Type 2 Story, Apartments
Utilities Cable TV, Electric, Internet Available, PG&E
Year Built 1962

Interior Features

Basement None
Floors Part Carpet, Simulated Wood, Vinyl/Linoleum
Heat/Air Conditioning W/Heat-Gas, Wall Furnace
Living Area 6028.00

Exterior Features

Exterior Stucco
Lot Description Court, Regular
Lot Size Acres 0.23
Lot Size Source (Realist Public Rec)
Number of Buildings 2
On Site Parking Off Street, Uncovered
Sewer/Septic Sewer Public
Water Source Water-Public

Amenities

  • Views
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94590

Price
AVG $970K
$2.3M
Visits
AVG 24
27
Year Built
AVG 1934
1962

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