Pinza Group Sells Eight Units in Vallejo for $1.81MM

Vallejo, CA – The Pinza Group, the leading East Bay Multifamily Sales Brokerage, has announced the sale of eight units in Vallejo. Steven Pinza, Esq. (the East Bay’s leading multifamily sales broker according to CoStar) had the exclusive listing of the Seller. The property, located at 151 Farragut Ave, sold to a 1031 exchange Buyer for $1,810,000 which represented a record price per door for Vallejo.

151 Farragut boasts eight 2bd/1bth units, seven of which have been remodeled to include ceramic tile floors, granite counter tops, new wood cabinetry, new appliances, new light fixtures, brush nickel hardware, ceiling fans, modern blinds and designer two-tone paint. The units boast abundant light and contain ample closet space.

The property is separately metered for gas and electricity and heat is provided via electric wall heaters or forced air heating systems. There are eight covered parking spaces, on site coin operated laundry, and a tranquil & mature landscape setting. The exterior of the property has fresh paint, new roof, new dual pane windows, and a repaired driveway.The property is located within a well-kept residential neighborhood south of Napa, California, near the junction of Highways 37 and 29.

The Bay Link Ferry provides rapid access to San Francisco’ s Financial District and makes this property a viable alternative to those seeking to escape San Francisco’ s expensive rental market. The property has great access to both Hwy 37 leading to Napa and Interstate 80 leading to Sacramento and the East Bay

About The Pinza Group, Inc.
The Pinza Group, Inc was recently named as the 2014, 2015, 2016, and 2017 Top Real Estate Sales Brokerage by CoStar, and is the only privately held investment real estate brokerage to receive the prestigious award in 2014, 2015, 2016, and 2017. The Pinza Group is a full service investment real estate sales firm located in Walnut Creek, California.

Founded in 2013, The Pinza Group is a leader in investment real estate sales with over 125 apartment sales in the last 24 months. The Pinza Group is an investment real estate brokerage built on a strong foundation of integrity, dedication, and experience which allows us to provide significant value to existing and future clients. Since The Pinza Group focuses exclusively on investment real estate, all of our efforts and resources are spent researching, brokering, and underwriting commercial properties in the East Bay. The Pinza Group has devoted significant resources to build an effective list of owners, investors, and brokers in the area which has allowed us to create an innovative marketing platform allowing us to deliver incredible value to both owners and investors. For more information on off market investments, an estimate of value, or for free real estate advice please visit: www.pinzagroup.com or Info@pinzagroup.com.