Seller's Agent in 2024
Marc Guillon
North Valley Real Estate Advisors
(415) 987-7544
2 in this area
11 Total Sales
1321 Santa Clara St Vallejo, CA 94590
Vallejo Heights Neighborhood
Studio
--
Bath
20,525
Sq Ft
0.92
Acres
Highlights
- 0.92 Acre Lot
- No HOA
- Laundry Facilities
About This Home
As of July 202435 units located at 1321 Santa Clara Street in Vallejo, commonly known as Pointe 38. The subject property consists of approximately 22,925 square feet and a unit mix of twenty-five (25) 1x1 units and ten (10) 2x1 units. The improvements were reportedly built in 1972. The going-in cap rate with 11 vacant units is 4.98%. Upon lease-up of the currently vacant units at $1,525 for the 1x1's and $1,700 for the 2x1's, the cap rate ascends to over 9%. Additionally, the vacant units are fully rehabbed and rent ready creating significant equity growth almost immediately after purchase and lease-up. The subject property as a whole has been renovated with new exterior paint, all new vinyl windows, new laundry machines and all new interiors. The Pointe 38 Apartments presents investors a unique equity growth opportunity with minimal capital outlay.
Last Agent to Sell the Property
North Valley Real Estate Advisors License #01839798 Listed on: 03/28/2024
Last Buyer's Agent
Non-MLS Member
Non-MLS Office
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 0.92 Acre Lot
Home Design
- 20,525 Sq Ft Home
Listing and Financial Details
- Assessor Parcel Number 0055-062-160
Community Details
Overview
- No Home Owners Association
- 35 Units
Additional Features
- Laundry Facilities
- Net Lease
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/26/2024 07/26/24 | Sold | $4,600,000 | 0.0% | $224 / Sq Ft | |
| 05/19/2024 05/19/24 | Pending | -- | -- | -- | |
| 03/28/2024 03/28/24 | For Sale | $4,600,000 | 0.0% | $224 / Sq Ft | |
| 08/07/2023 08/07/23 | For Rent | $1,575 | 0.0% | -- | |
| 07/05/2023 07/05/23 | For Rent | $1,575 | 0.0% | -- | |
| 06/16/2023 06/16/23 | For Rent | $1,575 | 0.0% | -- | |
| 09/01/2022 09/01/22 | For Rent | $1,575 | 0.0% | -- | |
| 11/30/2018 11/30/18 | Sold | $4,400,000 | 0.0% | -- | View Prior Sale |
| 10/11/2018 10/11/18 | Pending | -- | -- | -- | |
| 06/12/2018 06/12/18 | For Sale | $4,400,000 | -- | -- |
Source: MetroList
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $92,316 | $4,633,500 | $1,000,000 | $3,633,500 |
| 2024 | $92,316 | $4,846,175 | $874,915 | $3,971,260 |
| 2023 | $85,622 | $4,751,822 | $857,760 | $3,894,062 |
| 2022 | $82,602 | $4,661,556 | $840,942 | $3,820,614 |
| 2021 | $80,154 | $4,572,224 | $824,453 | $3,747,771 |
| 2020 | $79,916 | $4,531,120 | $816,000 | $3,715,120 |
| 2019 | $76,487 | $4,414,041 | $800,000 | $3,614,041 |
| 2018 | $30,111 | $702,791 | $154,964 | $547,827 |
| 2017 | $8,950 | $689,545 | $151,926 | $537,619 |
| 2016 | $8,969 | $677,897 | $148,948 | $528,949 |
| 2015 | $8,853 | $666,543 | $146,711 | $519,832 |
| 2014 | $8,714 | $650,679 | $143,838 | $506,841 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Guillon
-
N
Buyer's Agent in 2024
Non-MLS Member
Non-MLS Office
-
Jeff Schlosser
Seller's Agent in 2018
Jeff Schlosser
Hamann Real Estate
(707) 747-9300
1 in this area
50 Total Sales
-
Jeannie Hamann
Seller Co-Listing Agent in 2018
Jeannie Hamann
Hamann Real Estate
(707) 747-9300
64 Total Sales
Map
Source: MetroList
MLS Number: 324021278
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