541-553 Admiral Callaghan Lane

Vallejo, CA 94591

$1,799,000
Price
4
Beds
3
Baths
6,600 Sq. Ft.
$273 / Sq. Ft.
6,600
Sq. Ft.
$273
per Sq. Ft.

Description

Don't miss out on this opportunity to purchase 6-units on 2-parcels. 541-533 Admiral Callaghan is the perfect starter property for investors looking to break into the commercial market. The property consists of four 2-bedroom/1-bathroom apartment units and two 2-bedroom/1.5-bathroom townhouse units. All units are leased at near-market-rate rents. Each unit includes laundry machines, private yards, and tankless water heaters. Ownership has updated select units with new flooring, paint, bathrooms,...Don't miss out on this opportunity to purchase 6-units on 2-parcels. 541-533 Admiral Callaghan is the perfect starter property for investors looking to break into the commercial market. The property consists of four 2-bedroom/1-bathroom apartment units and two 2-bedroom/1.5-bathroom townhouse units. All units are leased at near-market-rate rents. Each unit includes laundry machines, private yards, and tankless water heaters. Ownership has updated select units with new flooring, paint, bathrooms, water heaters and kitchens. The roof has also been replaced within the last ten years. Covered parking is available on-site with one space allotted to each unit(6 total). Vallejo, situated in the San Francisco Bay Area, offers a robust rental market supported by ongoing revitalization projects and excellent transportation links. Its diverse economy and proximity to major highways, public transit, and educational institutions make Vallejo a desirable location. This Vallejo Core location offers close proximity to major employment hubs like Marin, Petaluma, Fairfield, and the East Bay, all at a fraction of the cost.

Listing Agents

  1. Carla Pecoraro

    Carla Pecoraro

    Listing Agent

    Compass

    DRE #02019669

  2. Jeremy Lee

    Jeremy Lee

    Alternative Listing Agent

    Compass

    DRE #01951309

    jeremy.lee@compass.com

    P: (650)-219-3989

Property Details for 541-553 Admiral Callaghan Lane

Directions to Property
From I-80: Exit Admiral Callaghan Lane. From I-780: Exit Columbus Parkway, then left on Admiral Callaghan Lane. From CA-29: Exit Admiral Callaghan Lane.
Parking Features
Covered
Cross Street
Sunshine Court
Total Parking Spaces
6
LISTING UPDATED: 08/14/2024 02:05 PM

Property Details for 541-553 Admiral Callaghan Lane

StatusActive
MLS #324053674
Days on Compass165
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1960
Lot Size0.30 AC / 13,068 SF
CountySolano County

Building Information for 541-553 Admiral Callaghan Lane

Stories-Residences6Year Built1960Building Size-Lot Size0.30 AC / 13,068 SF

Property Information for 541-553 Admiral Callaghan Lane

Summary
Location and General Information
  • Area/District: Vallejo 1
  • Area Short Display: D0101
  • Zip Plus 4: 3649
  • Location Description: Vallejo 1
Taxes and HOA Information
  • APN: 0069-041-020
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 6
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 6.0
  • Parking: Covered
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Owner
  • Year Built Source: Appraiser
  • Lot Size Source: Verified
  • Lot Features: Other
Property and Assessments
  • Possession: Close of Escrow
  • Picture Count: 14
  • Elevation: 0
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: See Remarks, Water, Gas
  • Sewer: See Remarks
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 3
  • Stories: 0
  • Levels: Two
Interior Features
  • Interior Features: Storage Area(s)
  • Heating: See Remarks
  • Laundry Features: Varies by Unit, In Each Unit
  • Basement: Other
  • Cooling: See Remarks
  • Full Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • 1 Bedroom Rent Range: 0
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • 2 Bedroom Rent Range: 2250-2450
  • # of 2 Bedroom Units: 6
  • 2 Bedroom Annual Occupancy: 98.00%
  • # of 2 Bedrooms Occupied: 6
3 Bedroom Unit
  • 3 Bedroom Rent Range: 0
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • 4 Bedroom Rent Range: 0
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 10.94
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 5030.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 6
  • # Of Units Total: 6
  • # Of Units Vacant: 0
  • # Of Units Leased: 6
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: 2-Bed, 1-Bath
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Identification: 541
  • Unit 1 Lease Term: Other
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Rental
  • Unit 1 Rent: $2,200.00
  • Unit 1 Approx SqFt: 1000.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 3
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: 2-Bed, 1-Bath
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Identification: 543
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $2,250.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 3
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Description: 2-Bed, 1-Bath
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Identification: 245
  • Unit 3 Lease Term: Other
  • Unit 3 Rent Source: Owner
  • Unit 3 Rent: $2,200.00
  • Unit 3 Approx SqFt: 1000.0
  • Unit 3 SqFt Source: Owner
  • Unit 3 # of Rooms: 3
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Description: 2-Bed, 1-Bath
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Identification: 247
  • Unit 4 Lease Term: Other
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent Source: Owner
  • Unit 4 Rent: $2,250.00
  • Unit 4 Approx SqFt: 1000.0
  • Unit 4 SqFt Source: Owner
  • Unit 4 # of Rooms: 0
  • Unit 4 Type: Apartment
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Commercial Rent Range: 0
  • Studio Rent Range: 0
  • Studio Annual Occupancy: .00%

Property History for 541-553 Admiral Callaghan Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 541-553 Admiral Callaghan Lane

This home is within Vallejo City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Joseph H. Wardlaw Elementary School
PublicK to 6

Hogan Middle School
Public6 to 8

Jesse M. Bethel High School
Public9 to 12

Mit Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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541-553 Admiral Callaghan Lane is a multi-family home for sale in Vallejo, CA 94591. This property was listed for sale on July 9, 2024 by Compass, it's currently listed at $1,799,000. This listing's school district is Vallejo City Unified School District. Nearby schools include Joseph H. Wardlaw Elementary School, Hogan Middle School and Jesse M. Bethel High School. 541-553 Admiral Callaghan Lane is a 4-bed, 3-bath, 6,600 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass Commercial, Carla Pecoraro, DRE #02019669; Compass Commercial, Jeremy Lee, DRE #01951309

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.