218 5th St, Lincoln, CA 95648, Lincoln, 95648 - 0 bed, 0 bath
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218 5th St
Lincoln, CA 95648
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,929Sq Ft
10,738Lot Size
Property Price
LIST PRICE$537,000
SUMMARY
Victorian charm and rental income in Historic Lincoln. This distinctive property is offered for sale with a tenant in place paying $4,800 per month and currently operating a preschool. Featuring 4 bedrooms, 1.5 baths, spacious interior areas, and a versatile upstairs loft, the property blends architectural character with modern comfort, including a new split-unit heating and air conditioning system. A landscaped front yard creates inviting curb appeal, while an expansive backyard and ample parking add to the property's appeal and functionality. Conveniently located near downtown Lincoln, parks, shopping, and dining, this property offers an income-producing investment in an established neighborhood. Sale is subject to the existing lease. Buyer to verify lease terms, operating expenses, zoning, and permitted uses.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1922, the property features a well-maintained exterior and a new split-unit HVAC system. However, the interior kitchen and bathrooms are highly dated, show wear from current preschool operations, and require updates and minor repairs to transition back to standard residential use.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Yield
The property generates a robust $4,800 monthly income with a tenant already in place, offering an exceptional gross yield for investors at the current list price.
- Historic Charm with Modern Upgrades
This 1922 Victorian home preserves its unique architectural character while featuring a newly installed split-unit heating and air conditioning system for improved energy efficiency and comfort.
- Expansive Lot and Functionality
Situated on a large 10,738 sqft lot, the property provides a spacious backyard and ample parking, which is a significant asset for its current use as a preschool or future residential development.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10738, other record lot size in square feet = 10500.
- Recently Sold Property
The property was recently sold within the past year on 2025-10-24. The sold price is $500,000.00.
- Limited Bathroom Count
With only 1.5 bathrooms for a 1,929 sqft four-bedroom property, the current configuration may be insufficient for larger families or high-occupancy commercial needs.
About 218 5th St
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1922
- Lot Size
- 10,738 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Sep 28, 2026
$537,000
Initial Listing
Sold
Oct 24, 2025
$500,000
Public Record
Sold
Aug 13, 2004
$370,000
Public Record
Sold
Feb 2, 1998
$109,000
Public Record