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Four-Unit Investment Opportunity in Vallejo

320 Evans Ave, Vallejo, CA 94590

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For Sale

$850,000

Well-maintained four-unit property with immediate income and DSCR loan eligibility.

Type:Investment

HighLights

DSCR Loan Eligible: Simplifies financing with focus on cash flow.
Fully Leased at Market Rents: Provides immediate and reliable income with strong tenancy.
Professionally Managed ensuring smooth operations and maintenance.
Four Units: Includes a mix of unit types (3‑bed, 2‑bed, studio) to attract diverse renters.
Off‑Street Parking: Convenient for tenants.
Additional Income Potential: Two garage/storage spaces can generate extra rental revenue.

We can help!

Listing Contact

Eliot Morales Cervantes

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For Sale

$850,000

Well-maintained four-unit property with immediate income and DSCR loan eligibility.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 56
Last Refresh:: Apr 24 at 8:01 pm

Property Features for 320 Evans Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1928

We can help!

Listing Contact

Eliot Morales Cervantes

Listing agent Eliot Morales Cervantes License #02044913

Listing office TCGOB, Inc

Listing date Apr 24, 2026

Source Elliman

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 TCGOB, Inc

HighLights

DSCR Loan Eligible: Simplifies financing with focus on cash flow.
Fully Leased at Market Rents: Provides immediate and reliable income with strong tenancy.
Professionally Managed ensuring smooth operations and maintenance.
Four Units: Includes a mix of unit types (3‑bed, 2‑bed, studio) to attract diverse renters.
Off‑Street Parking: Convenient for tenants.
Additional Income Potential: Two garage/storage spaces can generate extra rental revenue.

Overview

This professionally managed four-unit property presents an investment opportunity with immediate and reliable income. The property is eligible for DSCR financing. All units are leased at market rents with strong tenancy. The property includes a 3-bed / 1-bath single-family featuring a basement, additional storage, and washer/dryer hookups, two 2-bed / 1-bath units, each with full kitchens and bathrooms, and a studio apartment above the garages with a kitchenette and private bath. Each unit is well cared for and has off-street parking. Three of the residences enjoy their own private yard space. There are two garage/storage spaces with potential for separate rental revenue. The property is located in Vallejo, California. The bike score is 23, indicating it is somewhat bikeable. The walk score is 47, indicating it is car-dependent. The transit score is 32, indicating some transit options are available.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

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Local Demand

City: Vallejo
County: Solano
State: California
Longitude: -122.2374348
Latitude: 38.0958016

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For sale
Quadplexes
CA
Vallejo
94590
320 Evans Ave

What type of property is this?

Quadplex - Well-maintained four-unit property with immediate income and DSCR loan eligibility.

Where is this quadplex located?

The property is located at 320 Evans Ave Vallejo, CA.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: DSCR Loan Eligible: Simplifies financing with focus on cash flow.; Fully Leased at Market Rents: Provides immediate and reliable income with strong tenancy.; Professionally Managed ensuring smooth operations and maintenance.