
Vallejo, CA 94590
Analysis of 1315 Tennessee Street, Vallejo, CA 94590 is currently available with a list price of $485,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
While built in 1932, the property is described as a well-maintained turnkey investment with pride of ownership. The exterior shows good curb appeal and the units are fully functional and leased, meeting the criteria for move-in ready condition despite dated interior office finishes.
The property is fully leased with a well-established commercial insurance office and a residential tenant, providing immediate cash flow and a turnkey investment opportunity.
Excellent street-front visibility on Tennessee Street combined with proximity to Downtown Vallejo and the ferry terminal ensures high demand and long-term appreciation potential.
Features dedicated on-site parking and separate entrances for the commercial and residential spaces, offering convenience and privacy for both occupants.
The local public schools have low ratings (ranging from 2 to 4), which may limit the appeal for residential tenants with school-aged children.
Built in 1932, the property may require more frequent maintenance or future capital improvements to aging systems compared to modern structures.
Exceptional mixed-use investment opportunity offering stable income and long-term upside. This fully leased property features a highly visible street-front commercial space occupied by a well-established insurance office, plus a bright and spacious upstairs 2-bedroom, 1-bath residential unit. The property offers excellent curb appeal, strong street exposure, dedicated on-site parking, and reliable tenants, making it a true turnkey investment. Ideal for investors seeking immediate cash flow, while also providing future flexibility for owner-users or value-add potential. Conveniently located near Downtown Vallejo, the waterfront, ferry terminal, shopping, restaurants, and major transportation routes, this is a rare opportunity to own a well-maintained mixed-use property in one of the Bay Area's growing markets. Additional highlights include ample on-site parking, separate commercial and residential entrances, excellent visibility along Tennessee Street, and low-maintenance ownership. A quality investment with pride of ownership throughout.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
Jul 9, 2026
$485,000
Initial Listing
Jan 21, 2022
$450,000
Public Record
Aug 3, 1998
$125,000
Public Record