This Multifamily Property is no longer advertised on LoopNet.com.

1629-1639 Valle Vista Ave
Vallejo, CA 94589
$100K Reduction Now a 7%+ Current Cap · Multifamily Property For Sale · 6 Units

Investment Highlights

  • 9.06% Market Cap & 8.54 Market GRM & No City Rent Control
  • Current Rents Roughly 30% Below Market Rate, Providing Huge Value Add Potential
  • Six Spacious 2bd/1.5bth Townhouse Style Units of 905 SF, Built in 1968
  • Set on a 6,969 SF Lot, Boasting a 1:1 Off-Street Parking Ratio and Onsite Coin Operated Laundry
  • Well Located in Vallejo, Close to Restaurants, Shopping, I-80, and Six Flags Discovery Kingdom

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 5,163 SF
Average Occupancy 97%
No. Stories 2
Year Built/Renovated 1964/2019
Parking Ratio 2/1,000 SF
Zoning HDR, Vallejo

Amenities

Unit Amenities

  • Balcony

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 6 - 860

Property Taxes

Property Taxes

Parcel Number
0052-282-100
Land Assessment
$145,016
Improvements Assessment
$1,036,897
Total Assessment
$1,181,913
  • Listing ID: 28557024

  • Date on Market: 5/23/2023

  • Last Updated:

  • Address: 1629-1639 Valle Vista Ave, Vallejo, CA 94589

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