Two-Unit Residential Income
1513 Santa Clara Street Vallejo, CA 94590
1513 Santa Clara Street, Vallejo, CA, 94590
$459,000
For Sale
$459,000
Built in 1910, this duplex offers two separate units on a set-back lot for residential income use.
Property Size1,542 SF
Price / SF$297.67
Days on Market194
Property Features for 1513 Santa Clara Street
General Information
- Standard status
- Active
- Size
- 1,542 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agency
Maxreal
(408) 838-7208
Listed by
Hailing Zhu · License #01344836
(408) 838-7208
Source
Exitrealty
Added: Jan 9 Updated: Jul 21 at 12:56AM Checked: Jul 22 at 6:34AM
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 Maxreal
Investment Insights
Based on property information with market context.
This duplex residential income property was built in 1910 and includes two separate units, each with its own living space. The configuration supports flexibility for an owner-occupant who wants to live in one unit while renting the other, or for an investor seeking a fully leased setup. The property is set back from the street on a larger lot, providing a quieter residential setting and privacy.
Located in central Vallejo, the property is described as being near downtown Vallejo, Mare Island, the Vallejo Waterfront, and the Vallejo Ferry Terminal. Commuter access is highlighted with nearby connections to Highway 80 and Highway 37, with proximity to shopping, dining, schools, and public transportation.
Offered for sale, the property is positioned as a candidate for cosmetic updates or future improvements, with its solid structure and classic character noted in the remarks.
Located in central Vallejo, the property is described as being near downtown Vallejo, Mare Island, the Vallejo Waterfront, and the Vallejo Ferry Terminal. Commuter access is highlighted with nearby connections to Highway 80 and Highway 37, with proximity to shopping, dining, schools, and public transportation.
Offered for sale, the property is positioned as a candidate for cosmetic updates or future improvements, with its solid structure and classic character noted in the remarks.
Key Highlights
- Duplex built in 1910 with two separate residential units for owner‑occupant or rental use
- Set‑back lot provides privacy with a quieter residential setting and views
- Central Vallejo location near downtown Vallejo, Mare Island, and the Vallejo Waterfront
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 | $45.3k | $29.40 |
| − Vacancy | −$2.5k | −$1.62 |
| EGI | $42.8k | $27.78 |
| − OpEx | −$12.9k | −$8.33 |
| NOI | $30.0k | $19.45 |
1,542 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$428.4K
$374.9K – $499.8K
NOI $29,989 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$384.8K
$336.7K – $448.9K
NOI $26,935 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$750.5K
$656.7K – $875.6K
NOI $52,533 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Built in 1910, this duplex offers two separate units on a set-back lot for residential income use.
Where is this duplex located?
The property is located at 1513 Santa Clara Street Vallejo, CA.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Duplex built in 1910 with two separate residential units for owner‑occupant or rental use; Set‑back lot provides privacy with a quieter residential setting and views; Central Vallejo location near downtown Vallejo, Mare Island, and the Vallejo Waterfront
