324 Idora Ave, Vallejo, CA 94591, Vallejo, 94591 - 0 bed, 0 bath
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Vallejo, CA 94591
Analysis of 324 Idora Ave, Vallejo, CA 94591 is currently available with a list price of $495,000. 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.
The property is a well-maintained 1930s duplex that has been updated to a move-in ready condition. Interior images show newer laminate wood flooring, fresh paint, and updated bathrooms with modern tile surrounds. The exterior features a newer wooden deck with metal railings and double-pane windows throughout. While the finishes are functional and budget-friendly rather than luxury, the home shows no signs of deferred maintenance and is turnkey for an owner-occupant or investor.
With a 7.40% cap rate and a 9.48 GRM, this property offers exceptional cash flow potential and high yield for real estate investors.
The detached two-home configuration with the back unit delivered vacant allows for a perfect 'house hacking' scenario where an owner can live in one unit while the other pays the mortgage.
The property features updated kitchens, bathrooms, wood floors, and double-pane windows, significantly reducing the need for immediate capital expenditures.
Originally built in 1930, the property may have underlying aged systems or structural elements that require more maintenance than a modern build despite cosmetic updates.
The total square footage of 1,274 for two separate units results in relatively compact living spaces, which may limit the tenant pool to smaller households.
Remodeled duplex with with excellent cash flow potential. The current cap rate is 7.40% and the Current GRM is 9.48. The property features two detached homes offering one 2bd/1bth unit and one 1bd/1bth unit. The back house will be delivered vacant at close of escrow making a perfect set-up for an owner-occupant. The property was originally built in 1930, offers approximately 1,274 square feet of rental space, and sits on a 6,969 square foot lot with a large back yard and ample parking space. The homes have been remodeled over time and offer updated kitchens and bathrooms, wood floors, newer paint, custom lighting and molding, double pane windows and more. The property has historically been easy to rent and is separately metered for electric and gas providing low annual operating expenses. This is a perfect opportunity for an owner-occupant who can live in one unit and have the other unit pay down their mortgage. This is one of the best locations in Vallejo with a very nice block surrounded by single-family homes with pride of ownership. This location has easy access to HWY 80 and HWY 780 making this a very convenient location that's easy to rent.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 2.0 | 50% |
| Square foot | 1,275 | 2,264.5 | 50% |
| Lot Size | 6,969 | 26,135.5 | 50% |
| Price | $495.0K | $685.0K | 50% |
| Price per sq ft | $388 | $329 | 50% |
| Built year | 1930 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 67 | 131 | 50% |
Feb 14, 2026
$495,000
Initial Listing
Jun 13, 1997
$43,000
Public Record