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.
MLS #
EB41126020
MLS Source
Bridge MLS
Days on Site
8
Flooring
Other
Cooling
Other
Roof
Other
Garage/Parking
Other, Garage: Car(s)
Water
Public
Complex Amenities
Other
121 Lincoln Rd is a Residential Income in Vallejo, CA 94590. This 4,550 square foot property sits on a 0.56 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,595,000 and was built in 1938. This address can also be written as 121 Lincoln Rd, Vallejo, CA 94590.
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This listing information is up-to-date as of March 12, 2026. For the most current information, please contact David Howarth, (510) 822-1331