541-553 Admiral Callaghan Ln - Apartments FOR SALE


Vallejo, CA 94591- East Vallejo
$1,600,000 USD
916-769-5299
541-553 Admiral Callaghan Ln, Vallejo, CA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/33
null | 7.56% Cap Rate

541-553 Admiral Callaghan Ln
Vallejo, CA 94591
East Vallejo


HIGHLIGHTS

  • Five of Six Units Extensively Renovated | All 2b/1b Units
  • Major Recent Electrical & Building System Improvements
  • Attractive Seller Financing Available | 30% Down 5% Principle & Interest
  • Approximately 6,600 SF with Spacious Unit Layouts
  • Six-unit multifamily property with diversified apartment and townhouse layouts.

OVERVIEW

541-553 Admiral Callaghan Lane is a six-unit multifamily investment property situated in Vallejo, a strategically located North Bay community offering connectivity to the greater Bay Area. The property consists of four two-bedroom, one-bathroom apartment units and two two-bedroom, one-and-one-half-bathroom townhouse units, creating a desirable housing mix that appeals to a broad tenant base. Recent renovations and strong occupancy provide investors with immediate in-place income while benefiting from a well-maintained asset. The property's location along Admiral Callaghan Lane provides convenient access to Interstate 80, supporting regional connectivity to Oakland, San Francisco, Napa, and Sacramento. Residents benefit from proximity to Downtown Vallejo, retail services, restaurants, schools, healthcare facilities, and recreational amenities. Vallejo's position within the Bay Area, combined with its relative housing affordability, continues to support demand from renters seeking access to major employment centers throughout the region. On-site parking, townhouse-style layouts within a portion of the unit mix, and recent property improvements contribute to the asset's operational appeal. The combination of established cash flow, accessibility, and a location within a major Northern California transportation corridor presents an opportunity for investors seeking multifamily ownership in the Bay Area market.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$242 USD /SF

# OF UNITS

6

PRICE/UNIT

$266,667

CAP RATE

7.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seller Financing Available

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,918 SF

ZONING

Residential Medium Dens.

APN/PARCEL ID

0069-041-010,0069-041-020

ASK ABOUT THIS PROPERTY

Elon HarmonCorcoran Icon PropertiesMore Info
916-769-5299

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Elon HarmonCorcoran Icon PropertiesMore Info
916-769-5299

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.