Listing provided courtesy of: The Pinza Group, Inc.
320 Evans Ave Ave
Vallejo, CA 94590-
Est. Payment/ mo
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.
PROPERTY DETAILS
- Price $895,000
- Price / Sq Ft $86
- Bldg/Unit Size (Sq Ft) 10,424
- Building Units 4
- Land/Lot Size (Sq Ft) 10,424
- Property Type Residential Income
- Year Built 1928
- MLS Number 41093181
- Days on Market 17
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
Listing provided courtesy of: The Pinza Group, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 04/29/2025 21:14:20