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Duplex Investment with Vacant Unit

1313 Sacramento St Vallejo, CA 94590

1313 Sacramento St, Vallejo, CA, 94590
$699,000
For Sale
Claim this Listing
$699,000

Duplex built in 1925 with two 3-bedroom, 2-bath units, including one currently vacant for immediate leasing options.

Property Size2,180 SF
Price / SF$320.64
AddedJul 3
Days on Market12
Last RefreshJul 4 at 2:44 am

Property Features for 1313 Sacramento St

General Information

Standard status
Active
Size
2,180 SF
Property subtype
Multifamily

Listing office Palo Alto Office

Listing date Jul 3, 2026

Source Marcusmillichap

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 Palo Alto Office


Investment Insights

Based on property information with market context.

1313–1315 Sacramento Street is a duplex investment opportunity constructed in 1925. The property includes two spacious 3-bedroom, 2-bathroom units with a total gross building area of approximately 2,180 square feet, situated on a 1,950-square-foot lot. One unit is currently occupied, while the second unit is vacant, giving an owner the ability to keep rental income in place while preparing the vacant unit for immediate occupancy or a new lease.

The property is located in Vallejo, California. It is less than one block from Vallejo City Park, with residents also about one-half mile from Downtown Vallejo and the Vallejo Municipal Marina. Local education options are nearby as well, with Lincoln Elementary School and Vallejo High School approximately 0.6 miles away.

This layout can suit investors seeking a duplex with a straightforward unit mix, as well as owner-users who want to offset living expenses with an in-place rental unit. The vacant unit provides flexibility for a new tenant setup without waiting for turn, while both units are configured as family-oriented 3-bedroom residences.

Key Highlights

  • Duplex constructed in 1925 with two 3‑bedroom, 2‑bath units totaling approx. 2,180 SF gross building area
  • One unit currently occupied and the second unit vacant, offering immediate occupancy or leasing flexibility
  • Located on a 1,950 SF lot in Vallejo, CA

Local Financial Insights For Multifamily LT 5

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 $64.1k $29.40
− Vacancy −$3.5k −$1.62
EGI $60.6k $27.78
− OpEx −$18.2k −$8.33
NOI $42.4k $19.45
2,180 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$605.7K
$530.0K – $706.6K (±1% cap)
NOI $42,397 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$544.0K
$476.0K – $634.7K (±1% cap)
NOI $38,079 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$1.06M
$928.4K – $1.24M (±1% cap)
NOI $74,268 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Butcher Tanning Salon Plumbing Service Florist Veterinary Clinic Carpet & Flooring Store Clothing & Fashion Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex built in 1925 with two 3-bedroom, 2-bath units, including one currently vacant for immediate leasing options.
Where is this duplex located?
The property is located at 1313 Sacramento St Vallejo, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Duplex constructed in 1925 with two 3‑bedroom, 2‑bath units totaling approx. 2,180 SF gross building area; One unit currently occupied and the second unit vacant, offering immediate occupancy or leasing flexibility; Located on a 1,950 SF lot in Vallejo, CA
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