NOT LISTED FOR SALE

Estimated Value: $546,564

7 Beds
9 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $528,888

Est. 3% increase in value since last sale

Current estimated payment $3,458/month

89 Days on Market

About This Home

As of April 2021

Comprised of three large units, this mixed-use property is located on a street-to-street lot of over 6,000 SF in Vallejo, CA. Highlighted by a unique unit mix of a 4-bedroom, 1-bath flat, a 3-bedroom, 1-bath flat, and a spacious commercial space with two bathrooms, this building provides a great investment opportunity for the savvy investor. Both of the lower residential units have been recently renovated with laminate flooring and upgraded fixtures in the kitchens and baths. The spacious upper unit has two remodeled bathrooms. All three units have W/D hookups, wall heaters and window AC units. All tenants are on month-to-month leases and share the PG&E costs from the one PG&E meter. The property features new exterior paint, a large parking area and a loading entrance at the rear of the property. Currently operated as three separate units, this property provides a great way to create passive income for a new or experienced investor. Land use designated as Church/Religious.

Last Agent to Sell the Property

Steven Level

Berkshire Hathaway License #01184232 Listed on: 01/20/2021

Berkshire Hathaway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Triplex
  • Mixed Use
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 7 Bedrooms
  • 2-Story Property
  • Washer and Dryer Hookup

Parking

  • 7 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Community Details

  • Gross Income $65,400

Listing and Financial Details

  • Assessor Parcel Number 0056-044-170

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments, Mixed Use
  • Directions To Property: 414 Tennessee St, Vallejo, CA
  • Lot Size Acres: 0.1400
  • Stories: 2
  • CapRate: 8.12
  • Actual or Scheduled: Actual
  • Number Commercial Units: 1
  • Special Features: None

Interior Features

  • NumberOfBuildings: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 7

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 0056-044-170
  • Lot Size Sq Ft: 6098

Building Info

  • Year Built: 1936

Multi Family

  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 2050
  • Four Bedroom Annual Occupancy: 100
  • Four Bedroom Rent Range: 2050
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number Of4 Bedrooms Occupied: 1
  • Number Of4 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Cjhome Investments Llc
Bought by
Neverland Property Llc
Current Estimated Value
$546,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$341,113
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$205,451

Purchase Details

Closed on
Dec 20, 2022
Sold by
Liang Zhijia and Liang Lizhen
Bought by
Cjhome Investments Llc

Purchase Details

Listed on
Jan 20, 2021
Closed on
Apr 19, 2021
Sold by
Huang Zhibin
Bought by
Zhu Hailing
Seller's Agent
Steven Level
Berkshire Hathaway
List Price
$528,888
Sold Price
$528,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%

Purchase Details

Listed on
Jan 20, 2021
Closed on
Apr 16, 2021
Sold by
Sds Realty Corp
Bought by
Liang Zhijia and Cheng Lizhen
Seller's Agent
Steven Level
Berkshire Hathaway
List Price
$528,888
Sold Price
$528,888

Purchase Details

Closed on
Nov 22, 2016
Sold by
Americas Christian Credit Union
Bought by
Sds Realty Corp

Purchase Details

Closed on
Oct 7, 2013
Sold by
Assemblies Of God No Ca & Nevada Distric
Bought by
Americas Christian Credit Union and Nazarene Cu

Purchase Details

Closed on
Oct 2, 2013
Sold by
Jesus Is Alive Fellowship Assembly Of Go
Bought by
Siat Tess

Purchase Details

Closed on
Sep 20, 2007
Sold by
Assemblies Of God Northern California &
Bought by
Jesus Is Alive Fellowship Assembly Of Go

Purchase Details

Closed on
Mar 31, 2000
Sold by
Tipp Malcolm H and Tipp Mary E
Bought by
Assemblies Of God No Ca & Nevada Distric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,640
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Neverland Property Llc $580,000 First American Title
Cjhome Investments Llc -- --
Zhu Hailing -- Fidelity National Title
Liang Zhijia $529,000 Fidelity National Title
Sds Realty Corp $229,000 Fidelity National Title Co
Americas Christian Credit Union $288,848 Pacific Coast Title
Siat Tess -- None Available
Jesus Is Alive Fellowship Assembly Of Go -- None Available
Assemblies Of God No Ca & Nevada Distric $185,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neverland Property Llc $350,000
Previous Owner Assemblies Of God No Ca & Nevada Distric $178,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $528,888 0.0% --
04/19/2021 04/19/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $528,888 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

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 $7,368 $591,600 $178,500 $413,100
2024 $7,368 $580,000 $175,000 $405,000
2023 $6,873 $550,163 $114,444 $435,719
2022 $7,003 $539,376 $112,200 $427,176
2021 $4,605 $332,381 $64,331 $268,050
2020 $4,632 $328,974 $63,672 $265,302
2019 $4,497 $322,524 $62,424 $260,100
2018 $4,209 $316,200 $61,200 $255,000
2017 $5,778 $310,000 $60,000 $250,000
2016 $3,561 $310,659 $51,776 $258,883
2015 $3,514 $305,994 $50,999 $254,995
2014 $3,437 $300,000 $50,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22031765

Bay Area Real Estate Information Services (BAREIS)

APN: 0056-044-170

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