1013 Benicia Road, Vallejo, CA 94591, Vallejo, 94591 - 0 bed, 2 bath
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Vallejo, CA 94591
This High-Yield Development Asset in unincorporated Solano County is listed at $548,000, reflecting its significant income-generating potential despite a $348,929 Fair Market Value. While the property holds a Condition Rating of 5, it offers a High-Potential Investment Opportunity through its $4,000 Monthly Rental Income and RTC-6 Multi-Unit Zoning. The massive 0.49-Acre Lot includes a Deck and Patio, with SB9 Lot-Split Potential to build up to three homes and three ADUs. This high-ROI acquisition offers a strategic entry for Developers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1013 Benicia Road Subject | $548,000* List Price | 0 | 2 | 1,449 | $367 | - |
A 1181 Bush Avenue Active | $550,000 List Price | 4 | 1 | 1,617 | $340 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property is marketed primarily as a development opportunity rather than a standard residential home. The main structure is currently configured as a religious facility under a temporary permit, and the secondary structure is a basic detached studio. The listing's emphasis on SB9 lot-split potential, zoning for multi-unit construction, and the lack of interior kitchen or bathroom images strongly indicate that the existing structures are outdated and would require substantial rehabilitation or demolition to meet modern residential living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 1449.
The 0.49-acre lot with RTC-6 zoning and SB9 potential allows for the construction of up to three homes and three ADUs, offering massive upside for builders and investors.
Generating $4,000 per month in current rental income from two existing structures, the property provides excellent cash flow and holding power during the planning and permitting phases.
The primary structure dates back to 1948 and currently operates under a temporary use permit, likely requiring substantial renovation or demolition to meet modern residential standards.
Navigating the transition from a religious facility use permit to a multi-unit residential development in unincorporated Solano County may involve complex and time-consuming bureaucratic processes.
Prime Development Opportunity in unincorporated Solano County! Welcome to 1013 Benicia Rd in the Homeacres neighborhood a perfect property for builders, developers, or investors. This property offers a lot of different uses and flexible zoning laws the property sits on 0.49 acres of mostly flat land. There are 2 structures on the property a 1,449 sqft building built in 1948 with a temporary use permit for a religious facility, and a 600 sqft detached studio apartment separately metered. Currently zoned residential traditional community RTC-6 which allow for multi units with a option for multi use. The property currently brings in 4,000.00 a month in rental income the way it currently is. The Homeacres Neighborhood is in the middle of a redevelopment project with major updates coming soon which will add value to the neighborhood in the future with the Benicia Rd project more information online. Property Highlights Cash flow 4,000.00 a month income Unincorporated Solano County 1/2 Acre lot with 2 structures Build 3 homes with 3 ADU Lot split SB9 potential Close to 780 and I-80 Flexible Zoning Multi use
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,449 | 1,545 | 43% |
| Lot Size | 21,344 | 6,098.4 | 99% |
| Price | $548.0K | $525.0K | 54% |
| Price per sq ft | $378 | $333 | 67% |
| Built year | 1948 | 1966 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 222 | 1% |
Apr 1, 2026
$548,000
Initial Listing
Jun 29, 2018
$345,000
Public Record