NOT LISTED FOR SALE

Vallejo, CA 94590

Vallejo Heights Neighborhood
Studio
-- Bath
-- Sq Ft
7,501 Sq Ft Lot

Last Sold November 15, 2016

Last sale price $1,260,000

46 Days on Market

Highlights

  • Bay View
  • Fireplace
  • Coin Laundry
  • No HOA
  • Patio
  • 5-minute walk to River Park

About This Home

As of November 2016

Sea Cliff Villa has huge upside in the rents and represents a true VALUE ADD opportunity for a new owner to capture significantly higher rents with moderate unit upgrades. There are 9 units total with 8-two bedroom one bathroom units of approx. 850 sq. ft. and 1-three bedroom two bathroom Penthouse unit of approx. 1300 sq. ft. Each unit features a spacious balcony with fantastic views. There are 2 buildings situated on 2 lots with 2 separate APN'

Last Agent to Sell the Property

Daniel Daboski

Titan Commercial License #01267882 Listed on: 03/21/2016

Last Buyer's Agent

Non-member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,192

Year Built

  • Built in 1967

Lot Details

  • 7,501

Property Views

  • Bay
  • Peek-A-Boo
  • Garden

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Linoleum

Parking

  • 7 Open Parking Spaces
  • 8 Carport Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Patio
  • 7,501 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 0051-203-120

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $6,957
  • Maintenance Expense $5,850
  • Other Expense $3,230
  • Operating Expense $39,706
  • Net Operating Income $74,054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,192

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1967
  • Accessibility Features: None
  • Levels: Two
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Linoleum/Vinyl
  • Price Per Square Foot: 155.59

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: PillarPostPier, Slab
  • Listing Price: 1300000.00
  • Patio And Porch Features: Patio(s)
  • Roof: Other
  • View Description: Bay, Garden/Greenbelt, Partial, Water

Garage/Parking

  • Open Parking Spaces: 7.00
  • Carport Spaces: 8.00
  • Parking Features: Off Street, Uncovered

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Electric, Cable Available, PG&E
  • Cooling: None
  • Heating: Fireplace(s), Wall Furnace
  • Laundry Features: Coin Operated
  • Water Source: Public
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7501.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: 12 Months,Month To Month

Multi Family

  • Operating Expense: 39706
  • Insurance Expense: 6957
  • Maintenance Expense: 5850
  • Number of Units: 9
  • Units Furnished: None
  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 8
  • Three Bedrooms Occupied: 1
  • 1 Bedroom Rent Range: 0
  • Two Bedroom Rent Range: $900-$1200
  • Three Bedroom Rent Range: $1300
  • Four Bedroom Rent Range: 0
  • Studio Rent Range: 0

Tax Info

  • Assessor Parcel Number: 0051-203-120
  • Current RE Taxes: 14192
  • Bonds/Assessments/Taxes Description: Transfer Tax City
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2016 11/15/16 Sold $1,260,000 -3.1% --
05/06/2016 05/06/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $1,300,000 -- --
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 $14,837 $948,185 $189,635 $758,550
2024 $14,837 $929,594 $185,917 $743,677
2023 $13,916 $911,368 $182,272 $729,096
2022 $13,582 $893,499 $178,699 $714,800
2021 $13,227 $875,981 $175,196 $700,785
2020 $13,256 $867,000 $173,400 $693,600
2019 $12,819 $850,000 $170,000 $680,000
2018 $8,664 $540,600 $102,000 $438,600
2017 $8,205 $530,000 $100,000 $430,000
2016 $3,328 $280,000 $72,000 $208,000
2015 $2,650 $220,000 $59,000 $161,000
2014 $4,039 $340,000 $92,000 $248,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Daniel Daboski

    Titan Commercial

    Section Image

  • N

    Buyer's Agent in 2016

    Non-member 999999

    Non-member Office

See All Agents

Source: MetroList

MLS Number: 21605722

MetroList
California Solano County Vallejo 94590

Vallejo Heights

Not Listed for Sale

MultiFamily

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