121 Lincoln Rd
Vallejo, CA, 94590
$1,595,000
Beds
0 Baths
0 SqFt
0.56 Acres
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MLS #41126020 image #0
www.121Lincoln.com; 11-unit apartment complex offering excellent current income and solid long-term upside. The units mix offers three 2bd/2bth units, five 1bd/1bth units, and three studio units. The property was originally built in 1938, offers approximately 4,548 square feet of rental space, and sits on an oversized 24,292 square foot lot with ample room for parking and possible future development. Many of the units have been remodeled and offer updated kitchens and bathrooms, wood floors, new cabinets, new tile, new lighting, and fresh paint. The building is easy to manage, with very little maintenance, providing low annual operating expenses. Currently, the property is almost 100% occupied with stable tenants with rents approximately 25% below market providing predictable income and a profitable investment. This is a perfect opportunity for an investor to acquire a turn-key property in a rapidly improving neighborhood with excellent long-term potential.

Property Details

Price:
$1,595,000
MLS #:
41126020
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
VALLEJO HILLS
Listed Date:
Mar 5, 2026
Lot Size:
24,292 sqft / 0.56 acres (approx)
Year Built:
1938
Vallejo Hills

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Market Summary

Current real estate data for Single Family in Vallejo as of Mar 14, 2026
43
Single Family Listed
87
Avg DOM
314
Avg $ / SqFt
$597,302
Avg List Price

Property Summary

    Located in the VALLEJO HILLS subdivision, 121 Lincoln Rd Vallejo CA is a Single Family for sale in Vallejo, CA, 94590. It is listed for $1,595,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1938. The average price per square foot for Single Family listings in Vallejo is $314. The average listing price for Single Family in Vallejo is $597,302.

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