For Sale
$800,000

1197 Benicia Rd Vallejo, CA 94591

1.93 Acres, Multifamily Zoning, Distressed Sale

Overview

Added:
Dec 11, 2024
Days on market:
138
This 1.93-acre land parcel in Vallejo, California, presents a unique distressed sale opportunity. Located at 1197 Benicia Rd, the property boasts multi-family zoning, allowing for the development of approximately 20 residential units. A preliminary plan for this development is already in place, including a team of architect, general contractor, MEP engineer, site engineer, landscape architect, and soil engineer, eliminating significant hurdles for the buyer. The site benefits from existing utilities, curb cuts, and sidewalks, along with convenient access to major commuter lanes (Hwy 780, 680, 580, and 80). Public transportation is readily available. The property offers amazing views and is situated in a desirable area of Vallejo, outside of the downtown core. The asking price is $800,000, significantly below comparable land values in the area. The property's APN is 0074-080-210

Highlights

  • 1.93-acre multi-family zoned land parcel in Vallejo, CA, APN 0074-080-210.
  • Distressed sale opportunity at $800,000, below market value.
  • Allows for approx. 20 residential units; preliminary development plan in place.
  • Existing utilities, curb cuts, sidewalks, and convenient freeway access (Hwy 780, 680, 580, & 80).
  • Desirable Vallejo location with amazing views, near public transportation, outside downtown core.

Property Details for 1197 Benicia Rd

Property type
Land
Lot Size (sq. ft)
84,071 SF

Location Insight

City
Vallejo
County
Solano
State
California
Latitude
38.0905365
Longitude
-122.211994

FAQs

What type of property is this?
Land - 1.93 Acres, Multifamily Zoning, Distressed Sale
Where is the land located?
The property is located at 1197 Benicia Rd Vallejo, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 1.93-acre multi-family zoned land parcel in Vallejo, CA, APN 0074-080-210.; Distressed sale opportunity at $800,000, below market value.; Allows for approx. 20 residential units; preliminary development plan in place.
How can I contact the broker?
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1197 Benicia Rd
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