541-553 Admiral Callaghan Lane, Vallejo, CA, 94591

Highlights

• Conveniently Located Near I-80 Entrance/Exit. Moments from Downtown Vallejo
• Excellent In-Place Income. Below Replacement Cost
• 6-Unit Multifamily Property, Four 2-Bedroom/1-Bathroom Units and Two 2-Bedroom/1.5-Bathroom Units. Abundant Parking On-Site

Description

541-553 Admiral Callaghan Lane is a 6-unit multifamily property on two contiguous parcels in the city of Vallejo, California.

The property consists of four 2-bedroom/1-bathroom apartment units and two 2-bedroom/1.5-bathroom townhouse units. All units are leased at near-market-rate rents. Each unit includes laundry machines, private yards, and tankless water heaters. Ownership has updated select units with new flooring, paint, bathrooms, and kitchens. The roof has also been replaced within the last ten years. Parking is available on-site with one space allotted to each unit.

Vallejo, situated in the San Francisco Bay Area, offers a robust rental market supported by ongoing revitalization projects and excellent transportation links. Its diverse economy and proximity to major highways, public transit, and educational institutions make Vallejo a desirable location.

The investment appeal of the property is its in-place income and convenient location near I-80 and amenities.

Nestled along the picturesque waterfront, Vallejo boasts a unique blend of historical charm and contemporary allure that makes it an enticing destination for retailers. With a rich maritime history dating back to the mid-19th century, the city offers a distinctive character that resonates through its well-preserved Victorian architecture. The lively cultural scene, diverse community, and vibrant events throughout the year contribute to a dynamic atmosphere.
One of Vallejo’s key attractions lies in its strategic location between San Francisco and Sacramento. The city’s diverse demographic profile provides a varied consumer base, offering retailers and industrial businesses the opportunity to capitalize on a broad customer base. Additionally, ongoing efforts in urban revitalization and community development make Vallejo an exciting and evolving market, creating a favorable environment for businesses looking to establish a presence in a promising cityscape.