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1321 Santa Clara Street Vallejo, CA $ 4,600,000
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$ 4,600,000 Get more info
1321 Santa Clara Street
$ 4,600,000
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1321 Santa Clara Street

Vallejo, CA, 94590
$ 4,600,000
Baths0.0

Monthly Estimate*

$ 32,132

1321 Santa Clara Street, Vallejo, CA 94590 - Image 1
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1321 Santa Clara Street, Vallejo, CA 94590 - Image 13
Studio

Multi-Family Home for sale in Vallejo, CA

for $4,600,000. This home was built in 1972 on a lot size of 0.9153.

35 units located at 1321 Santa Clara Street in Vallejo, commonly known as Pointe 38. The subject property consists of approximately 22,925 square feet and a unit mix of twenty-five (25) 1x1 units and ten (10) 2x1 units. The improvements were reportedly built in 1972. The going-in cap rate with 11 vacant units is 4.98%. Upon lease-up of the currently vacant units at $1,525 for the 1x1's and $1,700 for the 2x1's, the cap rate ascends to over 9%. Additionally, the vacant units are fully rehabbed and rent ready creating significant equity growth almost immediately after purchase and lease-up. The subject property as a whole has been renovated with new exterior paint, all new vinyl windows, new laundry machines and all new interiors. The Pointe 38 Apartments presents investors a unique equity growth opportunity with minimal capital outlay.

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Multi-Family Active

Price

$ 4,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.9153

Year Built

1972

Town/City

Vallejo

County/Region

Solano

MLS | Web ID

324021278
Features
General
Sewer Other
Heating Other
Cooling Other
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 0
HOA 0
Garage Spaces 0.0
Year Built 1972
Stories 2
Property SubType 5 or More Units
Elevation 0
County Solano
Property Type ResidentialIncome
HOA / Comm Assn N
Total Rooms 0
Close Price 0.0
Status Active
Directions tennessee to santa clara
City Vallejo
Buyer Agent Compensation 2
Open Parking Spaces 0.0
Total Units 35
MLS Area Vallejo 5
Lot Size Square Feet 39870.0
Carport Spaces 0.0
Street Name Santa Clara
Standard Status Active
Year Built Source Other
Buyer Agent Compensation Type Percent
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Exterior
Parking Features Other
Lot Features Other
Water Source Other
Total Parking 0.0
Number of Buildings 0
Lot Size Acres 0.9153
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Interior
Total Stories 0
Unit 1 Full Baths 0
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Street Suffix Street
Laundry Features In Common Area
Unit 1 Bedroom Units Total 25
Unit 2 Bedroom Units Total 10
Unit 3 Bedroom Units Total 0
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Internal Only
Street Number 1 1321
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* Excluded Features
List By
Gravitas Commercial Real Estate

Broker

marc@gravitascre.com

Email

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$32,132
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,132
Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
295416 Elementary School
295437 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/28/2024 $4,600,000 Listed Price

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1321 Santa Clara Street, Vallejo, CA, 94590 is a Multi-Family Home for sale at $4,600,000 with a lot size of 0.9153. 1321 Santa Clara Street is a studio with 0.0 baths and was built in 1972. The property's zip code is 94590 which is in Vallejo, CA

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