315 Evans Avenue, Vallejo, CA 94590, Vallejo, 94590 - 0 bed, 0 bath
Loading property details...
Vallejo, CA 94590
Analysis of 315 Evans Avenue, Vallejo, CA 94590 is currently available with a list price of $899,000. 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.
Built in 1921, this multi-unit property is described as an income-producing investment, implying it is habitable and functional. However, given its age and the 'Old City Vallejo' location, it likely features dated interior finishes and aging mechanical systems. The property analysis specifically notes historical maintenance requirements and aging structural components, placing it in the fair category as it is maintained but requires updates to meet modern standards.
The property features two separate structures with multiple units, including a 3-bedroom front home and a multi-unit rear building, providing diverse income streams and excellent house-hacking potential.
Situated in the heart of Old City Vallejo, the property offers convenient access to transportation, shopping, and major commuter routes, ensuring high tenant demand.
Equipped with separate gas and electric meters for the units, the property simplifies utility management and reduces the landlord's operational overhead.
The reliance on a single shared water meter for multiple units can complicate billing and lead to higher non-reimbursable utility costs for the owner.
Built in 1921, the property may necessitate significant ongoing maintenance or costly upgrades to aging structural and mechanical systems typical of century-old homes.
Rare investment opportunity in the heart of Old City Vallejo! Great opportunity to own an income-producing property at 315 Evans Avenue, Vallejo. This property features two separate homes on one lot, offering flexible living and investment potential. The front home is approximately 1,000 sq ft with 3 bedrooms and 1 bathroom. The rear structure includes multiple living areas with a 3-bedroom, 2-bath layout on the first floor, a 3-bedroom, 1-bath layout on the second-floor front, and a studio at the rear. Separate gas and electric meters and one shared water meter. Long driveway provides parking for multiple vehicles. Conveniently located near transportation, shopping, and commuter routes. Ideal for investors seeking multi-unit income or owner-occupants looking to live in one unit while renting the others to offset expenses, potentially allowing the property to pay for itself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 38% |
| Baths | 0.0 | 0.5 | 50% |
| Square foot | 1,541 | 1,601.5 | 38% |
| Lot Size | 5,227 | 5,113.5 | 50% |
| Price | $899.0K | $612.0K | 88% |
| Price per sq ft | $583 | $299 | 88% |
| Built year | 1921 | 1919 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 177 | 13% |
Feb 19, 2026
$899,000
Initial Listing
Jun 7, 2018
$490,000
Public Record
Sep 8, 2006
$34,500
Public Record
Mar 29, 1996
$79,000
Public Record