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Listed by Willem Bos • COMPASS • 415-660-9955
$1,295,000
Est. payment /mo
5,163 SqFt
New
1629 Valle Vista Ave Vallejo, CA 94589
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Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,163 sqft
Price per Sqft $250
Subdivision Vallejo Hills
MLS Listing ID 41152044
HOA Y/N No
Year Built 1968
Lot Size 6,969 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
Six unit townhouse style multifamily in Vallejo. Six renovated 2BR/1.5BA townhouse units, each with two balconies, in a two story 1968 building on a 6,969 SF lot (5,163 SF). Six deeded parking spaces plus additional shared lot parking as part of an HOA with shared facilities. Separately metered gas and electric, common laundry, granite countertops. Recent capital work: electrical upgrades and sewer lateral replacement (2024), balcony upgrades (2026); SB-721 compliant. In place rents average $1,955 against $2,250 market, roughly 15% upside. 6.57% cap rate, 9.20 GRM, $215,833 per unit. No local rent control. Quick access to I-80, about a mile from Six Flags and Kaiser Vallejo, 2.5 miles to the Vallejo Ferry.
Location
State CA
County Solano
Interior
Heating Natural Gas
Cooling None
Flooring Carpet, Wood
Fireplace No
Laundry Common Area
Exterior
Handicap Access Other
Building
Lot Description See Remarks
Water Public
Others
Special Listing Condition Standard
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