1315-1317 Tennessee Street, Vallejo, CA 94590, Vallejo, 94590 - 2 bed, 2 bath
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Vallejo, CA 94590
Analysis of 1315-1317 Tennessee Street, Vallejo, CA 94590 is currently available with a list price of $495,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Vallejo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property is a well-maintained but dated 1932 mixed-use building. While functional and fully occupied, the residential kitchen is significantly outdated with old cabinetry, an electric coil stove, and worn flooring. The commercial space features older carpeting and fluorescent lighting. The utility areas show aging infrastructure consistent with the building's era, placing it firmly in the 'fair' category as it is livable but requires modernization to meet current aesthetic and efficiency standards.
This mixed-use property offers two stable revenue sources from a well-established commercial insurance office and a residential 2-bedroom unit, providing a balanced investment portfolio.
The property is fully occupied with reliable tenants and immediate cash flow, making it an ideal 'pride-of-ownership' asset for investors seeking a hassle-free acquisition.
Situated in an established corridor near downtown Vallejo and waterfront amenities, the property features excellent street presence and the rare benefit of dedicated on-site parking.
Originally built in 1932, the property may require higher ongoing maintenance or future capital expenditures for aging systems compared to more modern developments.
With only one residential unit, the property lacks the economies of scale found in larger multi-family assets, making the overall performance heavily dependent on the stability of two specific tenants.
Presenting a distinguished mixed-use investment opportunity in one of Vallejo's established corridors. This fully occupied property offers two stable income streams, featuring a well-established insurance office in the prime street-front commercial space and a spacious, light-filled 2-bedroom, 1-bath residential unit on the upper level. The property benefits from reliable tenants, excellent street presence, and dedicated on-site parking. With immediate cash flow and long-term upside potential, this turnkey asset is ideal for investors or future owner-users. Conveniently located near downtown, transportation, retail, and waterfront amenities, this is a rare opportunity to acquire a pride-of-ownership mixed-use property in a growing Bay Area market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1932 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Feb 24, 2026
$495,000
Initial Listing