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102-116 Avian Dr
Vallejo, CA 94591
Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.43 AC
Building Size 8,208 SF
No. Stories 2
Year Built 1968
Parking Ratio 0.97/1,000 SF
Zoning MDR

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Kitchen

ABOUT 102-116 AVIAN DR , VALLEJO, CA 94591

Currently under contract, 102-116 Avian Dr. is an 8-unit town home complex perched upon the rolling hills of North-East Vallejo. The 18,630 square foot lot has only one directly adjacent building, on the northern property line, and behind the property is an expansive open field. All units were recently remodeled and are identical in layout; featuring a kitchen, half bath and living/dining room on the top floor with (2) bedrooms, full bath and in-unit washer & dryer on the lower level. Each unit also features, two wall heaters, individual balconies, and (1) dedicated parking space. There are also (3-4) unassigned guest spots. Interior Renovations: -New cabinets -New countertops -New vinyl or wood flooring -New outlets, faceplates & switches -New baseboards -New interior paint -Stainless steel appliance packages including fridges, ranges & hoods -New in-unit washer/dryers -Interior lighting upgrades -Vanities, medicine cabinets, toilets, fans and plumbing upgrades There have also been significant capital expenditures to improve the exterior of the property. Exterior Improvements: -25 new windows -2 new sliding glass doors -New mailboxes & addresses -Repairs and re-striping of parking lot -Structural upgrades including new footing under westerly side of bldg. and leveling, grading and drainage, repairs to retaining walls, walkways & handrails, reinforcements to exterior decks -New exterior paint with stucco and trim repairs -New exterior lighting package -Upgraded water heater and surrounding components -New 8-foot community fencing along Avian Dr. property line -Fresh landscaping and hardscape with irrigation and ground coverings With a low vacancy rate of only 3.4%, Vallejo rental property owners have experienced consistent rental rate growth over the last several years as Bay Area residents seek out more affordable housing options. 102-116 Avian represents a prime opportunity for an investor to acquire a low maintenance and cash-flowing asset in a sub-market with growing renter demand.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 8 - 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0069-462-060
  • 0069-462-050
Land Assessment
$382,500
Improvements Assessment
$1,565,700
Total Assessment
$1,948,200
  • Listing ID: 14057620

  • Date on Market: 10/12/2018

  • Last Updated:

  • Address: 102-116 Avian Dr, Vallejo, CA 94591

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