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111 Mahogany Dr 6 Unit Apartment Building $895,000 ($149,167/Unit) 8.89% Cap Rate Vallejo, CA 94589

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INVESTMENT HIGHLIGHTS

  • Strong income property with limited expenses
  • (2) Section-8 Tenants and (1) Vacant 1BR Unit
  • Convenient access to I-80 for Bay Area commuting and Vallejo Ferry Terminal for direct access to San Francisco
  • (4) 1BR Units and (2) Studio Units with Ample onsite parking
  • Attractive pricing under $150k per unit and under $290 per SqFt
  • Short drive to Mare Island, featuring waterfront trails, breweries and historic charm

EXECUTIVE SUMMARY

PLEASE CONTACT THE LISTING AGENT AT CONNOR@CAPSTONE-PROPS.COM TO SCHEDULE A PRIVATE SHOWING AND TO RECIEVE ALL MARKETING INFORMATION

PROPERTY FACTS

Price $895,000
Price Per Unit $149,167
Sale Type Investment
Cap Rate 8.89%
Gross Rent Multiplier 7.92
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 3,000 SF
No. Stories 2
Year Built 1941
Parking Ratio 2/1,000 SF
Opportunity Zone Yes
Zoning LDR

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 - 400
1+1 4 - 600
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0052-080-440
Land Assessment
$90,133
Improvements Assessment
$297,453
Total Assessment
$387,586
  • Listing ID: 38973390

  • Date on Market: 1/5/2026

  • Last Updated:

  • Address: 111 Mahogany Dr, Vallejo, CA 94589

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