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Santa Clara Street

Vallejo, CA 94590
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SqFt20,525

Sqft(Lot)

Acres

Acres (Lot)

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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 uniqu e equity growth opportunity with minimal capital outlay.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,600,000

AD Id : 56013598

MLS Id : 324021278

Living Area Size : 20,525

County : Solano

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Sewer: Other
  • Interior Features

    Laundry Features: In Common Area
  • Heating & Cooling

    Heating: Other Cooling: Other WaterSource: Other

  • Building Information

    Year Built: 1972
  • Laundry Features

    In Common Area

  • Lot Information

    Lot Description: Other Lot Square Feet: 39,870 Stories: 2 Main Square Feet: 20,525

    Property Information

    Property Type: ResidentialIncome Sub Type: 5 or More Units SQ ft (Living Area): 20,525 Property Age: 54 Cross Street: tennessee Source Neighborhood: Vallejo 5 Postal Code Plus 4: 4355 Area: Vallejo S: 94590 Living Area Source: Owner Structure Type: Apartments

  • Listing Price Information

    Listing Id: 324021278 List Price: $4,600,000 List Price Tot SqFt: $224

  • Tax Information

    Parcel Number: 0055-062-160

  • Parking Information

    Other

  • Location Information

    Direction: tennessee to santa clara
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Hilborn Street, Vallejo, CA, 94590 $2,045,000 -- -- 6,037 15,002.06 Sqft(Lot)
Sacramento Street, Vallejo, CA, 94590 $145,000 -- -- -- Acres (Lot)--
436 Washington Street, Vallejo, CA, 94590 $150,000 -- -- -- 11,186 Sqft(Lot)
Mississippi Street, Vallejo, CA, 94590 $150,000 -- -- -- 5,000 Sqft(Lot)
240 Mississippi, Vallejo, CA, 94590 $138,000 -- -- -- 7,688 Sqft(Lot)
908 Kentucky St, Vallejo, CA, 94590 $140,000 -- -- -- 6,500 Sqft(Lot)
902 Kentucky St, Vallejo, CA, 94590 $80,000 -- -- -- 3,250 Sqft(Lot)
902 Kentucky St, Vallejo, CA, 94590 $80,000 -- -- -- 3,250 Sqft(Lot)
615 Mclane Street, Vallejo, CA, 94590 $138,000 -- -- -- 5,980 Sqft(Lot)
Sacramento Street, Vallejo, CA, 94590 $145,000 -- -- -- Acres (Lot)--

ByOwner last updated this listing 06/13/2026 @ 21:04

MLS: 324021278 LISTED BY: Marc Guillon, Gravitas Commercial Real Estate SOURCE: BAREIS MLS

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