
Vallejo, CA 94590
This Quadruplex Residential Income Asset is currently listed at $820,000, which is positioned above the $591,905 Fair Market Value. While the property requires capital improvements due to its Condition Rating of 5, it offers significant utility through its 8-car parking capacity and mountain views. The functional layout, featuring in-unit washer/dryer hookups and individual central heating, provides a solid foundation for a value-add strategy. This property is best suited for Buy-and-Hold Investors or Experienced Contractors capable of executing the necessary renovations to maximize rental yields.
Property is extensive renovation needed.
Built in 1978 (48 years old) with no mention of recent renovations; the listing explicitly states the units need 'tlc and updating.' Interior photos show dated flooring and exposed utility connections, suggesting the property requires significant rehabilitation to kitchens, baths, and systems to meet modern standards.
Each unit offers a highly functional layout with 2 bedrooms, in-unit washer/dryer hookups, and individual water heaters and central heating, which reduces owner utility overhead and attracts quality tenants.
The property includes a one-car garage for every unit plus four additional off-street parking spaces, providing a total of eight parking spots which is a significant competitive advantage in the rental market.
Units feature large private decks and mountain views, providing desirable outdoor living space that enhances the overall value and appeal of this residential income property.
The property is explicitly noted as needing 'TLC' and updating, suggesting that the buyer will need to invest additional capital upfront to modernize the units and address deferred maintenance.
With a 1978 build date and a need for updating, the interiors likely feature aged fixtures and finishes that may limit current rental rates until renovations are completed.
Spacious 2 bedroom, one bathroom units w/views. Large living room, dining area and kitchen with dishwasher. Large deck off of living room. Full size washer/dryer hook-ups inside each unit. Units need tlc and updating. Each unit has it's own water heater and central heating and come with a one car garage. There are 4 off street parking spaces in addition the garages. Convenient location close to hospitals, public transportation parks and more.
No exterior & parking available.
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 | 3,608 | 1,809 | 83% |
| Lot Size | 7,405 | 5,654.5 | 67% |
| Price | $820.0K | $612.0K | 67% |
| Price per sq ft | $227 | $274 | 33% |
| Built year | 1978 | 1910 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 214 | 17% |
Jun 3, 2026
$820,000
Initial Listing
Nov 6, 1995
$225,000
Public Record