$770,000
SOLD JUL 9, 2025
4 Beds
4 Baths
2,100 Sq Ft
4,848 Sq Ft Lot

Recently Sold

$367 Per Sq Ft

11% Below List Price

96 Days on Market

Highlights

  • City View
  • No HOA
  • Landscaped
  • Contemporary Architecture
  • Double Pane Windows
  • Laundry Facilities

About This Home

As of July 2025

Affordable Vallejo Fourplex with great upside potential. Current Rents total $78,257 with garbage pass through. GRM of 10.54! The building consists of 4, 1 bedroom 1 bath units. Several of the units have had some updates. The building also has a laundry area (not currently in use). The seller owns two additional lots adjacent to the 4 plex that are included in the Sale! Those lots combined are just over .1 of an acre. They are currently being used as the parking lot. We have been told by the previous owners that those lots may be buildable. Long-term tenants with zero rent balances and low monthly expenses. 2023 and 2024 Financial statements available for review. Included lots are addressed 1015 Grant APN #'s 0062-054-450 and 0062-054-460 (See pictures for overhead View).

Last Agent to Sell the Property

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 03/13/2025

LPT Realty, Inc

Co-Listed By

Shawn Mileham

LPT Realty, Inc License #01271371

Last Buyer's Agent

Silvia Oliveros

Cabrera Realty License #01438872

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,848 Sq Ft Lot
  • Landscaped

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • City Views
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Tenant pays for trash collection, electricity
  • Assessor Parcel Number 0062-054-300

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month
  • Net Lease
  • Insurance Expense $3,000
  • Net Operating Income $53,081

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

4,848 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Year Built: 1965
  • Accessibility Features: None
  • Architectural Style: Contemporary
  • Levels: Two
  • Stories: 2
  • Number Of1 Bedrooms Occupied: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Linoleum, Carpet
  • Basement: None
  • Price Per Square Foot: 366.67
  • Square Footage: 2100.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood, Stucco
  • Disclosures/Documents: Environmental Hazards Report
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 799900.00
  • Lot Features: Shape Regular, Landscape Front
  • New Construction: No
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level
  • View Description: City

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 8.00
  • Number Of Guest Spaces: 4

Utilities

  • Security: Smoke Detector, Carbon Mon Detector
  • Sewer: In & Connected
  • Utilities: Electric
  • Cooling: None
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Water Source: Public
  • Separate Meters: Electricity

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Lot Info

  • Zoning: Multifmaily
  • Irrigation: None
  • Lot Size Acres: 0.1113
  • Lot Size Sq Ft: 4848.00

Rental Info

  • Tenant Pays: Trash Collection, Electricity
  • Lease Type: Net

Multi Family

  • Income Includes: ["See Remarks","Rent Only"]
  • Insurance Expense: 3000
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None
  • One Bedroom Annual Occupancy: 100
  • Gross Income Multiplier: 11.050
  • 1 Bedroom Rent Range: $1600-$1700 Plus Garbage Pass Through
  • Two Bedroom Rent Range: 1600-$1700 Plus Garbage Pass Through
  • Three Bedroom Rent Range: $1232 Plus Garbage Pass Through
  • Four Bedroom Rent Range: 1600-$1700 Plus Garbage Pass Through
  • Studio Rent Range: N/A
  • Total Number Owner Occupied: 3

Tax Info

  • Assessor Parcel Number: 0062-054-300

MLS Schools

  • School District (County): Solano
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2025 07/09/25 Sold $770,000 -3.7% $367 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $799,900 -3.0% $381 / Sq Ft
05/14/2025 05/14/25 Price Changed $825,000 -0.1% $393 / Sq Ft
05/14/2025 05/14/25 Price Changed $825,900 -2.8% $393 / Sq Ft
04/09/2025 04/09/25 Price Changed $849,900 -1.7% $405 / Sq Ft
03/13/2025 03/13/25 For Sale $865,000 +13.4% $412 / Sq Ft
08/10/2021 08/10/21 Sold $762,500 0.0% -- View Prior Sale
08/01/2021 08/01/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $762,500 -- --
Source: MetroList

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,191 $766,722 $212,241 $554,481
2024 $13,191 $751,689 $208,080 $543,609
2023 $11,901 $736,950 $204,000 $532,950
2022 $11,624 $722,500 $200,000 $522,500
2021 $5,439 $194,889 $48,721 $146,168
2020 $5,345 $192,892 $48,222 $144,670
2019 $5,064 $189,111 $47,277 $141,834
2018 $4,653 $185,403 $46,350 $139,053
2017 $4,327 $181,769 $45,442 $136,327
2016 $2,170 $178,205 $44,551 $133,654
2015 $2,143 $175,529 $43,882 $131,647
2014 $2,115 $172,092 $43,023 $129,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 325021672

MetroList
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