121 Lincoln Road Vallejo, CA $ 1,450,000
121 Lincoln Road
$ 1,450,000
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121 Lincoln Road

Vallejo, CA, 94590
$ 1,450,000
Bedrooms-- Baths-- Sq 5,850

Monthly Estimate*

$ 9,155

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Commercial Property for sale in Vallejo, CA

for $1,450,000. This 5,850 square foot building was built in 1938 on a lot size of 0.65.

121 Lincoln Rd W presents the opportunity to acquire an 11-unit multifamily investment property situated on an oversized 25000 +-square-foot parcel in Vallejo. The property is currently zoned for Residential Medium Density, while ownership has operated the property as an apartment building for approximately the past six years. Sellers are motivated . The property offers investors an attractive combination of strong existing cash flow and meaningful value-add potential. Current rents are approximately 25% below prevailing market levels, creating a clear path to increase revenue over time through continued rent adjustments and unit renovations. Eight of the eleven units have already received substantial interior improvements, reducing the amount of immediate renovation work required by a new owner. In addition, all tenants are currently on month-to-month leases, providing increased flexibility for future lease management and implementation of the property's remaining rental upside.

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Commercial Active

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.65

Year Built

1938

Town/City

Vallejo

County/Region

Solano

MLS | Web ID

ML82060020

Features
General
Living Area 5850
Heating Other
Cooling None
Zoning RMD
Year Built 1938
Property Subtype Other
County Solano
Property Type Commercial Sale
HOA false
Status Active
City Vallejo
MLS Area Listing
Lot Size Square Feet 28314
Standard Status Active
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Interior
Air Conditioning Y/N false
Heating Y/N true
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Exterior
Lot Size Area 28314
Building Area Total 5850
Lot Size Acres 0.65
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* Excluded Features
List By
Steve Belluomini

Listing Agent

Corcoran Icon Properties

Broker

steve.b@corcoranicon.com

Email

Affordability Calculator

$9,155
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,155
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$1,450,000 Listed Price

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121 Lincoln Road, Vallejo, CA, 94590 is a Commercial Property for sale at $1,450,000 with 5,850 sqft and a lot size of 0.65. 121 Lincoln Road was built in 1938. The property's zip code is 94590 which is in Vallejo, CA