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121 Lincoln Rd

Vallejo, CA 94590
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Bed 0

Bed

Bath 0

Bath

SqFt24,292

Sqft(Lot)

www.121Lincoln.com; 11-unit apartment complex offering excellent current income and solid long-term upside. The units mix offers three 2bd/2bth units, five 1bd/1bth units, and three studio units. The property was originally built in 1938, offers approximately 4,548 square feet of rental space, and sits on an oversized 24,292 square foot lot with ample room for parking and possible future development. Many of the units have been remodeled and offer updated kitchens and bathrooms, wood floors, new cabinets, new tile, new lighting, and fresh paint. The building is easy to manage, with very little maintenance, providing low annual operating expenses. Currently, the property is almost 100% occupied with stable tenants with rents approximately 25% below market providing predictable income and a profitable investment. This is a perfect opportunity for an investor to acquire a turn-key property in a rapidly improving neighborhood with excellent long-term potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,595,000

AD Id : 75889546

MLS Id : 41126020

Lot Size : 24,292 Sqft

Year Built : 1938

County : Solano

Subdivision: Fallbrook

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Cooling Features

    See Remarks Air Conditioning

    Heating Source

    See Remarks Has Heating

  • Building Information

    Year Built: 1938 Construction: See Remarks

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.5577
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 24292

  • Listing Price Information

    Original List Price: 1,595,000 Listing Contract Date: 2026-03-05

  • Tax Information

    Parcel Number: 0062061210

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Cross Street: Pine St. Source Property Type: Residential Income
  • Building and Construction

    Property Age: 88 Year Built Source: Vendor Enhanced
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Nigh Street, Vallejo, CA, 94590 $430,000 3 2 1,020 1,020 SqFt
Redwood Street, Vallejo, CA, 94590 $629,999 3 2 1,714 1,714 SqFt
Sheridan Street, Vallejo, CA, 94590 $475,000 3 2 1,722 1,722 SqFt
1306 Mariposa St, Vallejo, CA, 94590 $525,000 2 1 1,120 1,120 SqFt
2039 Tennessee St, Vallejo, CA, 94590 $550,000 3 2 1,312 1,312 SqFt
17 Hanns Ave, Vallejo, CA, 94590 $880,000 4 2 2,394 2,394 SqFt
462 Springs Rd, Vallejo, CA, 94590 $399,000 2 1 1,156 1,156 SqFt
348 Valle Vista Ave, Vallejo, CA, 94590 $569,000 3 2 1,558 1,558 SqFt
321 Benicia Rd, Vallejo, CA, 94590 $899,000 3 3 1,750 1,750 SqFt
Benicia Road, Vallejo, CA, 94590 $450,000 2 1 1,011 1,011 SqFt

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ByOwner last updated this listing 06/04/2026 @ 05:25

MLS: 41126020 LISTED BY: David Howarth, The Pinza Group, Inc 510-725-4775 SOURCE: CRMLS

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