Property Details
About this Property
4-unit multi-family residential investment spread across two parcels with a 8.55% current cap rate and a 8.76 GRM. The unit mix features one 3bd/1bth single-family home, one duplex with two 2bd/1bth units, one studio unit, and two potential RV units. The properties were built in 1928, offer approximately 2,885 square feet of living space, and sit on a combined lot size of 10,454 square feet. The units have been remodeled over time and offer newer kitchens, bathrooms, wood floors, custom fixtures, upgraded electrical and plumbing, new paint, and no deferred maintenance. The rear duplex and studio units have separate backyards with ample parking space. The property has been historically easy to manage and is separately metered for PG&E providing for low annual operating expenses. The property will be delivered almost 100% vacant making this a perfect opportunity for an owner-occupant, extended family, or investor seeking maximum market rents. The two parcels create a rare opportunity to maximize the cash flow potential and offer development potential.
MLS Listing Information
MLS #
MR41093181
MLS Source
Bridge MLS
Interior Features
Appliances
Other
Flooring
Other
Cooling
Other
Heating
Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Garage/Parking
Other, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,025 | 3 | 0/0 | – |
| 2 | 750 | 2 | 0/0 | – |
| 3 | 750 | 2 | 0/0 | – |
| 4 | 750 | 0 | 0/0 | – |
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
320 Evans Ave is a Residential Income in Vallejo, CA 94590. This 2,885 square foot property sits on a 10,425 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $895,000 and was built in 1928. This address can also be written as 320 Evans Ave, Vallejo, CA 94590.
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This listing information is up-to-date as of April 29, 2025. For the most current information, please contact David Howarth, (510) 822-1331
