
Vallejo, CA 94590
This Dual-Unit Residential Income Asset presents a High-Potential Investment Opportunity with a List Price of $480,000—positioned well below the $599,093 Fair Market Value by 19%. This significant valuation gap offers $119,093 in Instant Equity for the strategic buyer. Featuring a Condition Rating of 3, the property includes one extensively renovated, move-in-ready unit and a second unit with stable, long-term tenants. With spacious 2-bedroom layouts, in-unit laundry, and a private patio, this 1921 duplex maximizes rental yield and tenant retention. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-equity house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 435 Grant Street Subject | $480,000* List Price | 4 | 0 | 1,872 | $320 | - |
A 1115 Solano Avenue Sold | $495,000 | 2 | 1 | 0 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1921 duplex where the vacant unit has been extensively renovated within the last few years. Interior photos show new carpeting, modern laminate flooring, fresh paint, and a fully updated bathroom with a new vanity and fixtures. While the exterior shows some minor deferred maintenance like peeling paint on the eaves, the renovated unit is in move-in ready condition with updated aesthetic features.
The property features market-rate rents with one unit already occupied by long-term tenants, providing immediate cash flow and investment stability for a buyer.
Both units are equipped with individual washers and dryers and offer ample off-street parking, which are high-demand features that enhance tenant retention.
With 1,872 total square feet, the duplex offers two generous 2-bedroom units with large primary bedrooms, providing a more comfortable living space than typical vintage multi-family homes.
Built in 1921, the property may require significant ongoing maintenance or capital improvements to aging systems such as plumbing, electrical, and the foundation.
Marketing materials only provide photos of the vacant unit, leaving the condition of the occupied unit unknown and potentially hiding deferred maintenance needs.
This duplex features two spacious 2-bedroom units, each with a good-sized primary bedroom and a full bathroom. Both units are equipped with washer and dryer. Enjoy ample off-street parking, mature fruit trees, and competitive rental rates. Perfect for those seeking comfortable and convenient living. One unit has long term tenants with current market rental rates. Photos of vacant unit only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 0.0 | 0.5 | 50% |
| Square foot | 1,872 | 1,754.5 | 50% |
| Lot Size | 5,000 | 5,000 | 50% |
| Price | $480.0K | $592.0K | 13% |
| Price per sq ft | $256 | $274 | 50% |
| Built year | 1921 | 1919 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 177 | 13% |
Mar 12, 2026
$480,000
Initial Listing
May 29, 2018
$250,000
Public Record