707-727 Broadway St
Vallejo, CA 94590
Multifamily Property For Sale
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19 Units
Property Facts
About 707-727 BROADWAY ST , VALLEJO, CA 94590
Berkshire Hathaway is pleased to present 707-727 Broadway, Vallejo. A mixed-use building siting on 3 parcels. It’s Currently, mixed-use with, 10 residential units and 9 commercial. Residential consists of 10 SRO’s leased on short-term leases; the commercial is a mix of retail and office space. This is great for an owner user, investor or developer. Zoned CL, this gives the owner the potential to build up to 35 feet, with the opportunity to develop 15 residential units. With ample parking and the potential to go from lot line to lot line the development opportunities are endless. Currently running at 4.61% cap with a Pro-forma of 10.5% Cap rate, this investment has lots of upside. There is great street frontage on Broadway with ample parking.
Property Taxes
| Parcel Number | 0054-186-050 | Improvements Assessment | $119,692 |
| Land Assessment | $70,539 | Total Assessment | $190,231 |
Property Taxes
