Remodeled Two-Unit
1156 Louisiana Street, Vallejo, CA 94590
For Sale
$635,000
Two residences offer three-bedroom layouts, with refreshed kitchens, bathrooms, flooring, and interiors in both units.
Property Size2,000 SF
Price / SF$317.50
Days on Market81
Property Features for 1156 Louisiana Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Listing Agency:
The Sayles Group, Inc
Listed By:
Toni E Mallory · License #01221470
(707) 333-5194
Source:
Outpostrealestate
Added: Aug 19
Changed: Nov 6
Last Checked: Nov 7 at 7:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Sayles Group, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit duplex contains approximately 2,000 square feet and was built in 1900. Both residences have updated kitchens, remodeled bathrooms, refreshed flooring, and renewed interior finishes. The unit mix includes one three-bedroom, two-bath residence and one three-bedroom, one-bath residence.
Key Highlights
- Two units, each with three bedrooms
- Unit mix: one 3‑bedroom, 2‑bath residence and one 3‑bedroom, 1‑bath residence
- Approximately 2,000 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,896
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$777,920
$777.9K
Cap Rate 7%
$555,657
$555.7K
Cap Rate 9%
$432,178
$432.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$58.8K $29.40/SF
− Vacancy
−$3.2K −$1.62/SF
EGI
$55.6K $27.78/SF
− OpEx
−$16.7K −$8.33/SF
NOI
$38.9K $19.45/SF
Area
Vallejo, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$777,920
Cap Rate 7%
$555,657
Cap Rate 9%
$432,178
Alternative Uses
Best Use
Multifamily LT 5
$555.7K
$486.2K – $648.3K
NOI $38,896 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$499.1K
$436.7K – $582.3K
NOI $34,935 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$973.4K
$851.7K – $1.14M
NOI $68,136 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,788
Businesses Nearby
Explore this area
Business Placement
Demographics for 94590, CA
39,981
Population
16,500
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
6.6 sq mi
ZIP Area
6,058
Density / Sq Mi
$66,957
Median Household Income
$43,383
Median Earnings
$1,768
Median Rent
$510,700
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Solano County, CA
Properties on Market for Duplexes in Solano County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer three-bedroom layouts, with refreshed kitchens, bathrooms, flooring, and interiors in both units.
Where is this duplex located?
The property is located at 1156 Louisiana Street Vallejo, CA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Two units, each with three bedrooms; Unit mix: one 3‑bedroom, 2‑bath residence and one 3‑bedroom, 1‑bath residence; Approximately 2,000 square feet
