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$4,600,000
270 Days On Site

1321 Santa Clara Street
Vallejo, CA 94590

For Sale|Multi Family|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1972
Built
County:
Solano
Call Now: 916-476-5696
Is this the home for you? We can help make it yours.
916-476-5696
1321 Santa Clara Street1321 Santa Clara Street1321 Santa Clara Street1321 Santa Clara Street
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Monthly Payment (Est.)

$20,987
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$4,600,000
Days On Site 
270 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.9153 Acres
Year Built 
1972
MLS® Number 
324021278
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
6 months agoStatus changed to Pending
9 months agoListing first seen on site
General Features
Acres 
0.9153
Cross Street 
tennessee
Number Of Stories 
2
Parking 
Other
Property Sub Type 
Multi Family
Sewer 
Other
Water Source 
Other
Interior Features
Cooling 
Other
Heating 
Other
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Other
Community Features
MLS Area 
Vallejo 5
Listing courtesy of Gravitas Commercial Real Estate



All measurements and all calculations of the area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify the accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. Terms of Use
Information last updated 2024-10-29 05:00 PM PDT

Neighborhood & Commute
Source: Walkscore
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