2015 Springs Rd, Vallejo, CA 94591, Vallejo, 94591 - 0 bed, 0 bath
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Vallejo, CA 94591
This mixed-use property presents a Strong Value Opportunity, listed at $1,150,000—positioned well above the $1,046,169 Fair Market Value. While the property is fully occupied, its Condition Rating of 4 suggests that the building’s 1954 infrastructure may require future capital expenditures. The asset features a high-traffic location with diversified income streams from two commercial storefronts and two residential units. This is a stable, income-generating Residential Income Asset ideal for Buy-and-Hold Investors or Commercial Property Developers seeking immediate cash flow in a prime Vallejo corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2015 Springs Rd Subject | $1,150,000* List Price | 0 | 0 | 3,110 | $336 | - |
A 150 Yorkshire Court Active | $1,200,000 List Price | 8 | 5 | 4,271 | $281 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1954 (70 years old) and the listing provides no evidence of recent major renovations. While it is functional and fully occupied as a mixed-use investment, the age and exterior appearance indicate it is dated and likely requires updates to kitchens, bathrooms, and mechanical systems.
The mixed-use configuration featuring two commercial storefronts and two residential units provides a balanced and resilient revenue model for investors.
Situated on a high-visibility street surrounded by established professional offices, the property benefits from significant foot and vehicle traffic, ensuring long-term commercial viability.
The property is currently fully occupied, offering a turnkey investment opportunity with steady rental income from day one of ownership.
Originally constructed in 1954, the building may necessitate higher maintenance reserves or capital expenditures for system upgrades compared to newer developments.
The small lot size relative to the building footprint leaves little room for physical expansion, additional parking, or further site development.
Rare Investment Opportunity in Vallejo! Don't miss this exceptional mixed-use income property located on a high-visibility, high-traffic street in Vallejo. This two-story building features a fully leased lounge/bar and beauty salon on the ground floor, plus two residential rental units upstairs, providing multiple income streams. The property is fully occupied and offers ample on-site parking for tenants and customers. Surrounded by established storefront businesses and professional offices, this prime location presents strong investment potential and steady rental income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,110 | - |
| Lot Size | 3,408 | - |
| Price | $1.15M | $559.7K |
| Price per sq ft | $370 | $334 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 149 |
Jun 15, 2026
$1,150,000
Initial Listing
Feb 26, 2004
$484,000
Public Record