$2,150,000
SOLD FEB 20, 2025

1271 Alamo Dr Vacaville, CA 95687

22 Beds
10 Baths
9,020 Sq Ft
2.85 Acres

Recently Sold

$238 Per Sq Ft

23% Above List Price

30 Days on Market

Highlights

  • 2.85 Acre Lot
  • Deck
  • Private Yard
  • Will C. Wood High School Rated A-
  • Wood Flooring
  • 3-minute walk to Vacaville Community Service

About This Home

As of February 2025

Nestled in the heart of Vacaville, this exceptional 2.85-acre property offers a rare investment opportunity. Featuring 12 charming rental homes within a small,family-oriented community. This multi-residential gem is ideally located near shopping centers, schools, parks, restaurants, and the vibrant downtown district, w/easy freeway access for commuters. With a solid income stream and professional property management already in place, this investment provides a hassle-free experience. The property boasts a strong cap rate, making it an attractive choice for small investors looking to expand their portfolio. Additionally, the land holds excellent potential for future development, offering opportunities for long-term growth. Whether you're looking to enjoy steady rental income or explore new development possibilities, this property is a rare find in a highly desirable location. Don't miss out on this versatile and promising investment! Nestled in the heart of Vacaville, this exceptional 2.85-acre property offers a rare investment opportunity. Featuring 12 charming rental homes within a small, family-oriented community, this multi-residential gem is ideally located near shopping centers, schools, parks, restaurants, and the vibrant downtown district, with easy freeway access

Last Agent to Sell the Property

Elizabeth Fry

Intero Real Estate Services License #00827314

Intero Real Estate Services

Last Buyer's Agent

Elizabeth Fry

Intero Real Estate Services License #00827314

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 2.85 Acre Lot
  • Landscaped
  • Private Yard

Home Design

  • Garden Apartment
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 9,020 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free-Standing Gas Range
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Open Parking Spaces
  • 24 Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Deck
  • Patio
  • Playground

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Shared Septic
  • Septic System
  • Sewer in Street
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 0127-090-130

Community Details

Overview

  • 8 Buildings
  • 12 Units

Building Details

  • Gross Income $227,124

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Garden Apartments
  • Directions To Property: 80W to Merchant St/Alamo Drive off-ramp. South on Alamo
  • Lot Size Acres: 2.8500
  • CapRate: 8.06
  • Levels: One
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater
  • Flooring: Carpet, Linoleum, Vinyl, Wood
  • Square Footage: 9020.00
  • NumberOfBuildings: 8

Exterior Features

  • Construction Materials: Stucco, Wall Insulation, Wood Siding
  • Foundation: Raised, Slab
  • Lot Features: Landscape Back, Landscape Front
  • Property Condition: Original, Varies By Unit
  • Roof: Composition
  • ExteriorFeatures: Play Area, Yard Space
  • Patio And Porch Features: Uncovered Deck, Uncovered Patio, Varies By Unit, See Remarks

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 24.00
  • Carport Spaces: 1.00
  • OpenParkingSpaces: 12.00

Utilities

  • Cooling: Ceiling Fan(s), Central, Varies By Unit, Wall Unit(s), Window Unit(s)
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer, Septic System, Sewer in Street, Shared Septic
  • Utilities: Cable Available, Cable Connected, City, Electric, Internet Available, Natural Gas Connected
  • Water Source: Water District
  • Heating: Natural Gas, Wall Furnace
  • Laundry Features: In Each Unit, Other
  • Separate Meters: Electricity

Schools

  • School District: Solano
  • Middle/Junior School District: Vacaville Unified

Lot Info

  • Assessor Parcel Number: 0127-090-130
  • Lot Size Sq Ft: 124146.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1955

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $1,575 - $1,575
  • Two Bedroom Annual Occupancy: 98
  • Two Bedroom Rent Range: $1,035 - $1,900
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 11
  • Number of 2 Bedroom Units: 10
  • NumberOfUnitsTotal: 12

MLS Schools

  • Senior High School District: Vacaville Unified
  • School District (County): Solano

Map

Range of Values:

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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 Change Sq Ft Price
02/20/2025 02/20/25 Sold $2,150,000 +22.9% $238 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $1,750,000 -- $194 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324076094

Bay Area Real Estate Information Services (BAREIS)