1222 Solano, Vallejo, CA 94590, Vallejo, 94590 - 0 bed, 0 bath
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Vallejo, CA 94590
This Mixed-Use Residential Income Property is a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $580,562 Fair Market Value by 14%. This valuation gap offers $81,562 in Instant Equity. Featuring a 2-bedroom residential unit and a dedicated commercial space, the property has a Condition Rating of 4, requiring cosmetic updates. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a live/work lifestyle with significant tax-advantaged potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1222 Solano Subject | $499,000* List Price | 0 | 0 | 2,026 | $287 | - |
A 915 Napa Street Sold | $599,000 | 4 | 0 | 2,052 | $292 | 0.6 mi |
B 1115 Solano Avenue Sold | $495,000 | 2 | 1 | 0 | 0.1 mi | |
C 925 Virginia Street Active | $625,000 List Price | 0 | 0 | 2,402 | $260 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1912, the property shows some updates like recessed lighting and hardwood floors, but the kitchen is dated with older cabinetry and tile countertops. The presence of portable AC units suggests a lack of modern central HVAC, and the exterior yard area requires maintenance and weeding.
The property features a 2-bedroom residential unit upstairs and a dedicated commercial space downstairs, offering exceptional flexibility for live/work owners or multi-stream investors.
With a list price under $500k and the potential for significant tax advantages through business-to-self leasing, this property presents a high-value opportunity for savvy buyers.
The 4,500 square foot lot provides rare outdoor yard space for a mixed-use property, ideal for business operations, expansion, or private residential enjoyment.
Built in 1912, the property may require significant ongoing maintenance or costly upgrades to modern building codes and systems compared to newer structures.
The assigned elementary and high schools carry low ratings (2/10), which could limit the property's appeal to families and impact future residential resale value.
This one-of-a-kind Vallejo property offers the ultimate flexibility for savvy buyers looking to maximize their investment. Whether you're a small business owner, seasoned investor, or someone craving a live/work lifestyle, this mixed-use gem checks all the boxes. The upper level features a comfortable 2-bedroom, 1.5-bath residential unit — perfect as your primary residence or as an income-generating rental. Downstairs, a dedicated commercial space with a full bath opens the door to endless possibilities: a boutique, salon, office, studio, or your very own business headquarters. Step outside and enjoy the ample yard space — ideal for outdoor relaxation, entertaining, expansion potential, or even complementing your business operations. Here's where it gets interesting: Renting to your own business can create exceptional tax breaks. Talk to your tax advisor to learn how a property like this can benefit you and your business — the potential savings could be a game-changer. Properties like this don't come around often. Whether you're building a business, building a portfolio, or both — this is your move.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 33% |
| Baths | 0.0 | 0.5 | 50% |
| Square foot | 2,026 | 1,796 | 50% |
| Lot Size | 4,500 | 4,654.5 | 50% |
| Price | $499.0K | $592.0K | 33% |
| Price per sq ft | $246 | $274 | 33% |
| Built year | 1912 | 1904 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 214 | 17% |
Jun 4, 2026
$499,000
Initial Listing
Sep 16, 2020
$460,000
Public Record
Nov 14, 2012
$100,000
Public Record