541-545 Admiral Callaghan Lane, Vallejo, CA 94591
541-545 Admiral Callaghan Lane, Vallejo, CA 94591
541-545 Admiral Callaghan Lane, Vallejo, CA 94591
541-545 Admiral Callaghan Lane, Vallejo, CA 94591
541-545 Admiral Callaghan Lane, Vallejo, CA 94591
541-545 Admiral Callaghan Lane, Vallejo, CA 94591
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$ 1,600,000
Est. payment | /mo

4,960 SqFt


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$ 1,600,000
Est. payment | /mo
Save

4,960 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,960 sqft

Price per Sqft $322

MLS Listing ID ML82058928

HOA Y/N No

Year Built 1960

Lot Size 0.299 Acres

Property Sub-Type Other

Property Description

Seller Financing Available Proposed Terms: 5.00% interest, P&I, 25-year amortization, 5-year term, 30% down/70% seller carry, with balloon payment due at maturity. Unit Mix: 4 two-bedroom/1-bath units (~1,000 SF each) and 2 two-bedroom/1.5-bath townhome-style units (~1,300 SF each), totaling approximately 6,600 SF. Five of six units have been substantially renovated with quartz countertops, updated cabinetry, waterproof vinyl flooring, newer appliances, refreshed bathrooms and interiors. Major capital improvements include upgraded electrical panels/breakers, newer water heaters, dual-pane windows, driveway/asphalt and drainage improvements, and refreshed carports. Four of six units are currently occupied, providing immediate income with upside from leasing the two vacant units. No current delinquencies, evictions or pending notices to vacate. Tenants pay PG&E and internet; owner pays water, sewer and garbage. A mix of six-month and month-to-month leases provides flexibility and future rent-growth potential. Recent improvements reduce near-term capital needs and support continued stabilization and income growth.

Location

State CA

County Solano

Zoning RMD

Interior

Heating Wall Furnace

Fireplace No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 0069041010

Bridge MLS
Listed by Steve Belluomini • Corcoran Icon Properties

NEARBY SCHOOLS & PROPERTIES

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Roland & Lydia Osage
Roland & Lydia Osage

Agent License ID: 02055089

+1(925) 206-9799

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541-545 Admiral Callaghan Lane