$1,500,000

Estimated payment $9,713/month

Total Views 6,833
10 Beds
1 Bath
4,688 Sq Ft
$320 Price per Sq Ft

Highlights

  • Bay View
  • 6 Car Detached Garage
  • 1-minute walk to River Park

About This Home

470-480 Wilson Avenue is a 6-unit multifamily property on a picturesque 8,440 square foot lot with waterfront bay views, comprising four two-bedroom units and two one-bedroom units in Vallejo, California, strategically located on the eastern side of Wilson Avenue with convenient access to local freeways and the bustling Mare Island mixed use complex. The property is fully occupied, with an average tenancy duration of 29.8 months. This 6-unit income property is being offered standalone or as part of a two property portfolio called the The 526 Jersey Street Portfolio. Portfolio Prospectus available upon request.

Listing Agent

Jason Luros

Jason Luros, Broker License #02112332 Listed on: 05/10/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 8,442 Sq Ft Lot
  • Irregular Lot

Parking

  • 6 Car Detached Garage

Property Views

  • Bay
  • Panoramic
  • Bridge
  • Park or Greenbelt

Interior Spaces

  • 4,688 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Listing and Financial Details

  • Assessor Parcel Number 0051-161-230

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Gross Income $125,952

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

6

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Located between B Street and Benson Ave.
  • Lot Size Acres: 0.1938
  • CapRate: 6.95
  • Levels: Two
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Varies By Unit
  • Square Footage: 4688.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Shape Irregular
  • Property Condition: Varies By Unit
  • View: Bay, Bridges, Panoramic, Park, Varies By Unit, Water

Garage/Parking

  • Parking Features: Detached, Garage, Varies By Unit
  • Total Parking Spaces: 2.00
  • Garage Spaces: 6.00

Utilities

  • Cooling: Varies By Unit
  • Sewer: Public Sewer, Sewer Connected
  • Water Source: Meter on Site, Water District
  • Heating: Varies By Unit
  • Laundry Features: In Each Unit

Schools

  • School District: Solano

Lot Info

  • Assessor Parcel Number: 0051-161-230
  • Lot Size Sq Ft: 8442.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1924

Multi Family

  • 1 Bedroom Rent Range: 1750-1775
  • Two Bedroom Rent Range: 1421-1875
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 4
  • Number of 2 Bedroom Units: 4
  • NumberOfUnitsTotal: 6

MLS Schools

  • School District (County): Solano

Map

Range of Values:

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Average Value
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List 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
05/10/2025 05/10/25 For Sale $1,500,000 -- $320 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325043141

Bay Area Real Estate Information Services (BAREIS)