California / Vallejo / 94590 / 509 Lincoln Road West

509 Lincoln Road West

Q: What is the asking price for 509 Lincoln Road West in Vallejo?

The asking price for 509 Lincoln Road West is $1,545,000

Q: What is the building size of this Multifamily property in Vallejo, CA?

The size of the building/unit at 509 Lincoln Road West in Vallejo is 5,797 square feet.

Q: How much land does the Vallejo, CA property at 509 Lincoln Road West include?

509 Lincoln Road West in Vallejo includes 0.220 acres of land.

Q: What is the population within 1 mile of 509 Lincoln Road West?

The population within 1 mile of 509 Lincoln Road West Vallejo, CA 94590 is 20,383 people.

Q: Who do I contact for questions about 509 Lincoln Road West?

You should contact the listing agent, Ethan Berger, for any details regarding this commercial listing.

Vallejo, CA 94590

Listing ID: 250788

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Building Size: 5,797 SF

Lot Size: 0.220 AC

Land Size: 9,583 SF

Building $/SF: $266.52

Land $/SF: $161.22

Price

$1,545,000

Property Highlights

11-Unit building

Individually metered PGE

Over 200 basis point increase in cap rate potential

Strong cap rate return realized on Day 1

11 on-site parking spaces

Low price per door

Description

Berger Associates of NAI Northern California welcomes the exclusive sale of 509 Lincoln West in Vallejo, CA. The property is a single-story building containing a unit mix of five 2-bedroom, 1-bathroom apartments and six 1-bedroom, 1-bathroom apartments with 11 parking spaces and a coin-op laundry room. This property has existing strong cash flow realized on day 1 and has the potential for additional upside waiting to be unlocked. This property is to be purchased in "as-is" condition, and the seller intends to complete a 1031 exchange from the net sales proceeds.
This property has an excellent location just off Interstate 80 and 780 in the heart of Vallejo. With such convenient access to two major highways, it is easy to commute from the subject property to San Francisco, Marin, or any part of the East Bay. There is also a Safeway within 0.1 miles.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Oakland History of Multifamily Housing for Sale

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Listing Demographics for 509 Lincoln Road West Vallejo, CA 94590

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		20,383	109,240	179,594
Population Median Age		38	40	40
Population by Age	0-9 Yrs	2462 (12%)	12034 (11%)	20545 (11%)
	10-19 Yrs	2622 (12%)	12113 (11%)	21309 (11%)
	20-29 Yrs	3289 (16%)	16031 (14%)	25221 (14%)
	30-39 Yrs	2521 (12%)	14981 (13%)	23313 (12%)
	40-49 Yrs	2918 (14%)	13215 (12%)	22157 (12%)
	50-59 Yrs	2413 (11%)	14693 (13%)	25098 (13%)
	60-69 Yrs	2415 (11%)	15100 (13%)	24156 (13%)
	70+ Yrs	1743 (8%)	11072 (10%)	17796 (9%)

Median HH Income		$60,963	$67,602	$74,725
Total Household Income	< 24K	1449 (20%)	7012 (17%)	9453 (14%)
	25-49K	1375 (19%)	7893 (19%)	11380 (17%)
	50-74K	1647 (23%)	7177 (17%)	11125 (17%)
	75-99K	972 (13%)	5512 (13%)	9105 (14%)
	100-199K	1211 (17%)	9635 (24%)	16581 (26%)
	200K+	319 (4%)	2654 (6%)	6028 (9%)

Highest Education Level	No Diploma	2217	8647	13241
	Diploma or GED	3925	19137	29512
	Some College	4111	20585	32405
	Assoc. Degree	1334	7733	12935
	Bachelors Degree	1526	14732	25931
	Higher Degree	548	6550	11662

Total Housing Units		7,528	42,627	67,155
--Owner-Occupied		3,735	21,338	37,387
--Renter-Occupied		3,237	18,545	26,285
Owner-Occupied Values	< 100K	358	1426	2125
	100-199K	443	1485	1972
	200-299K	1067	3363	5039
	300-399K	1226	5216	8197
	400-499K	455	4884	7609
	500K+	187	4964	12446

Total Working Age Population		16,452	90,019	146,372
In Work Force		10,587	57,420	93,807
Not In Work Force		5,865	32,599	52,564
Workforce Employed		9,762	53,028	86,988
Workforce Unemployed		822	4,298	6,684
Civlian Workforce		10,584	57,325	93,672
Military Workforce		3	94	135

Total Households		6,972	39,883	63,673
Family Households		4,405	25,832	43,570
Non-Family Households		2,567	14,051	20,103
Married Couple		2,538	16,193	28,759
Other Family		1,867	9,639	14,811
Married w/Child		965	5,306	10,343
Single Male w/Child		249	1,402	2,089
Single Female w/Child		667	3,238	4,805

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Contra Costa County	948,816	+11	1,049,025	+12	1,171,305	+11	1,296,786
Napa County	124,279	+10	136,484	+4	141,701	+5	149,289
Solano County	394,542	+5	413,344	+9	449,432	+11	499,633

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 509 Lincoln Road West in Vallejo?

The asking price for 509 Lincoln Road West is $1,545,000

What is the building size of this Multifamily property in Vallejo, CA?

The size of the building/unit at 509 Lincoln Road West in Vallejo is 5,797 square feet

How much land does the Vallejo, CA property at 509 Lincoln Road West include?

509 Lincoln Road West in Vallejo includes 0.220 acres of land

What is the population within 1 mile of 509 Lincoln Road West in Vallejo?

The population within 1 mile of 509 Lincoln Road West Vallejo, CA 94590 is 20,383 people.

Who do I contact for questions about 509 Lincoln Road West?

You should contact the listing agent, Ethan Berger, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Metropolitan Oakland International Airport (OAK)	26
San Francisco International Airport (SFO)	34
Norman Y. Mineta San Jose International Airport (SJC)	53