Live-Work Mixed-Use
1222 Solano AVE Vallejo, CA 94590
1222 Solano AVE, Vallejo, CA, 94590
$499,000
For Sale
$499,000
Two-level layout with a 2-bedroom residential unit above and a dedicated commercial space with a full bath below.
Property Size2,026 SF
Price / SF$246.30
Days on Market41
Property Features for 1222 Solano AVE
General Information
- Standard status
- Active
- Size
- 2,026 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1912
Listing agency
eXp Realty of California, Inc.
(510) 390-3895
Listed by
Andrew Crisolo · License #02056832
(510) 390-3895
Source
Exitrealty
Added: Jun 11 Updated: Jul 20 at 7:16PM Checked: Jul 21 at 4:23AM
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 eXp Realty of California, Inc.
Investment Insights
Based on property information with market context.
Located at 1222 Solano AVE in Vallejo, this live-work mixed-use property is arranged with a residential unit on the upper level and a dedicated commercial space on the lower level. The upper unit features 2 bedrooms and 1.5 bathrooms, offering separate living space that can function as a primary residence or rental. The downstairs area includes a full bath and is set up for business use.
A separate outdoor yard area adds practical space for relaxation and potential expansion. The configuration supports buyers looking for a property that can combine personal living and a commercial workspace under one roof, with the commercial portion accommodating a variety of small-business formats as described in the listing remarks.
A separate outdoor yard area adds practical space for relaxation and potential expansion. The configuration supports buyers looking for a property that can combine personal living and a commercial workspace under one roof, with the commercial portion accommodating a variety of small-business formats as described in the listing remarks.
Key Highlights
- Year built: 1912
- Two‑level mixed‑use layout with a 2‑bedroom, 1.5‑bath residential unit upstairs
- Dedicated commercial space downstairs with a full bath
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.0k | $39.00 |
| − Vacancy | −$7.7k | −$3.82 |
| EGI | $71.3k | $35.18 |
| − OpEx | −$26.7k | −$13.19 |
| NOI | $44.5k | $21.99 |
2,026 SF · lease $39.00/SF/yr · vacancy 9.80% · expense 37.50%
Alternative Uses
Best Use
Office B
$671.2K
$587.3K – $783.1K
NOI $46,984 @ 7.0% cap · market cap 9.42%
Second Best
Mixed Use
$636.3K
$556.8K – $742.4K
NOI $44,544 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$986.0K
$862.8K – $1.15M
NOI $69,022 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Two-level layout with a 2-bedroom residential unit above and a dedicated commercial space with a full bath below.
Where is this live-work space located?
The property is located at 1222 Solano AVE Vallejo, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Year built: 1912; Two‑level mixed‑use layout with a 2‑bedroom, 1.5‑bath residential unit upstairs; Dedicated commercial space downstairs with a full bath
