$363,750
SOLD AUG 13, 2024
5 Beds
3 Baths
1,550 Sq Ft
2,814 Sq Ft Lot

Recently Sold

$235 Per Sq Ft

14% Below List Price

23 Days on Market

About This Home

As of August 2024

7.52% Starting Cap Rate! Excellent cash-flow duplex located on Broadway St in Vallejo, CA. The building consists of a 3-bedroom, 1bath unit and a 2-bedroom, 1 bath unit. The property features laundry hookups, tandem off-street parking and separate meters for gas and electric. Strong in-place income makes this an excellent investment opportunity.

Last Agent to Sell the Property

Steven Level

Berkshire Hathaway License #01184232 Listed on: 06/25/2024

Berkshire Hathaway

Last Buyer's Agent

Kristopher Mares

KW Advisors License #02188892

KW Advisors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Home Design

  • 1,550 Sq Ft Home
  • Duplex
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Wall Furnace
  • Individual Gas Meter

Additional Features

  • Washer and Dryer Hookup
  • 2,814 Sq Ft Lot

Community Details

  • 2 Buildings
  • Gross Income $44,100

Listing and Financial Details

  • Assessor Parcel Number 0056-115-090

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments
  • Directions To Property: 109-111 Broadway St, Vallejo, CA
  • Lot Size Acres: 0.0646
  • CapRate: 7.52
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Square Footage: 1550.00
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Shape Regular
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Off Street, Street
  • Total Parking Spaces: 2.00
  • Tandem Parking Spaces: 1

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 0056-115-090
  • Lot Size Sq Ft: 2814.00

Building Info

  • Year Built: 1910

Multi Family

  • Two Bedroom Annual Occupancy: 97
  • Two Bedroom Rent Range: 1875
  • Three Bedroom Annual Occupancy: 97
  • Three Bedroom Rent Range: 1800
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 1
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
08/13/2024 08/13/24 Sold $363,750 -8.8% $235 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $399,000 -6.1% $257 / Sq Ft
06/25/2024 06/25/24 For Sale $425,000 -- $274 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324049740

Bay Area Real Estate Information Services (BAREIS)