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151 Farragut Ave
Vallejo, CA 94590
The Farragut · 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 0.34 AC
Building Size 5,640 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1970/2018
Parking Ratio 1.77/1,000 SF
Zoning HDR, Vallejo

AMENITIES

SITE AMENITIES

  • Laundry Facilities
  • Storage Space

ABOUT 151 FARRAGUT AVE , VALLEJO, CA 94590

The Farragut offers investors a uniquely well-appointed property in a high visibility and convenient location. The property presents the opportunity to capitalize on operational improvements that will boost net operating income and drive cash flow with minimal capital improvement requirements. The property boasts eight 2bd/1bth units, seven of the units have been remodeled to include ceramic tile floors, granite counter tops, new wood cabinetry, new appliances, new light fixtures, brush nickel hardware, ceiling fans, modern blinds and designer two-tone paint. The units boast abundant light and contain ample closet space. The eighth unit is non renovated, but will be delivered vacant for the Buyer to renovate as they wish or to rent in its current non renovated condition. The property is separately metered for gas and electricity and heat is provided via electric wall heaters or forced air heating systems. There are eight covered parking spaces, on site coin operated laundry, and a tranquil & mature landscape setting. The exterior of the property has fresh paint, new roof, new dual pane windows, and much more. The property is located within a well-kept residential neighborhood south of Napa, California, near the junction of Highways 37 and 29. The site has easy access to major thoroughfares, and is near connections to the Bay Area Rapid Transit System (BART) as well as the Vallejo Ferry Terminal which runs multiple trips daily to three San Francisco locations, and the Napa County Airport. Nearby are many shopping and entertainment options and the property is just west of Six Flags Discovery Kingdom.The Bay Link Ferry provides rapid access to San Francisco' s Financial District and makes this property a viable alternative to those seeking to escape San Francisco' s expensive rental market. The property has great access to both Hwy 37 leading to Napa and Interstate 80 leading to Sacramento and the East Bay CONTACT STEVEN PINZA, ESQ FOR A COMPLETE MARKETING PACKAGE

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 - 705
  • Listing ID: 13756070

  • Date on Market: 9/11/2018

  • Last Updated:

  • Address: 151 Farragut Ave, Vallejo, CA 94590

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