320 Evans Ave, Vallejo, CA 94590 - Berkshire Hathaway HomeServices California Properties

320 Evans Ave, Vallejo, CA 94590

$895,000 Approx. USD 0 beds, 0 baths

Listing Agent


David Howarth | david@pinzagroup.com
Lic#: 01360348
Broker: Courtesy of The Pinza Group, Inc

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Pending
MLS# 41093181
Price: $895,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1928
0.24 acres
Lot size: 0.2393
County: Solano
Construction: See Remarks
Parking description: Other
Heating/cooling: See Remarks
Heating description: See Remarks

Last Updated: 5/20/2025

 Days On Market (DOM): 17

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Lat/Long: 38.095824, -122.237522.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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