Renovated Duplex with Covered
For Sale
$550,000
235 12th Street, Vallejo, CA 94590
Two one-bedroom residences feature updated interiors, private laundry, ductless HVAC, and a detached covered garage.
Property Size2,653 SF
Days on Market59
Property Features for 235 12th Street
General Information
Standard status
Active
Size
2,653 SF
Total Parking Spaces
1
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Amenities
in-unit washer and dryer
Building Details
Building Size
2,653 SF
Year Renovated
2025
Buildings
1
Listing Agency:
Corcoran Icon Properties
Listed By:
Stella Guinto
(415) 404-1814
Source:
Bonniespindler
Added: Sep 4
Changed: Oct 31
Last Checked: Nov 1 at 1:04PM
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 Corcoran Icon Properties
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Investment Insights
Based on property information with market context.
This renovated duplex contains two separate one-bedroom, one-bath units measuring approximately 791 square feet and 735 square feet. Both residences include in-unit washers and dryers, laminate flooring in living areas, carpeted bedrooms, updated lighting, window blinds, and refreshed interior and exterior paint. Each unit has its own independently controlled ductless mini-split HVAC system.
The property also includes a detached, covered one-car garage. A new porch and railing were constructed to current code. The roof was replaced in October 2025 under City of Vallejo permit BP25-01383, which covers both the low-slope and high-slope roof sections. Located at 235 12th Street in Vallejo, the building offers a documented renovation scope across its major systems and surfaces.
The property also includes a detached, covered one-car garage. A new porch and railing were constructed to current code. The roof was replaced in October 2025 under City of Vallejo permit BP25-01383, which covers both the low-slope and high-slope roof sections. Located at 235 12th Street in Vallejo, the building offers a documented renovation scope across its major systems and surfaces.
Key Highlights
- Two‑unit duplex with one bedroom and one bathroom in each residence
- Unit sizes of approximately 791 square feet and 735 square feet
- In‑unit washer and dryer provided in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,341
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,820
$926.8K
Cap Rate 7%
$662,014
$662.0K
Cap Rate 9%
$514,900
$514.9K
Market Conditions
NOI Build-Up for 2,653 SF
Gross rent
$88.5K $33.36/SF
− Vacancy
−$4.2K −$1.60/SF
EGI
$84.3K $31.76/SF
− OpEx
−$37.9K −$14.29/SF
NOI
$46.3K $17.47/SF
Area
Vallejo, CA
Vacancy
4.80%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,820
Cap Rate 7%
$662,014
Cap Rate 9%
$514,900
Alternative Uses
Best Use
Multifamily LT 5
$737.1K
$645.0K – $859.9K
NOI $51,596 @ 7.0% cap · market cap 9.38%
Second Best
Apartment 5plus
$662.0K
$579.3K – $772.4K
NOI $46,341 @ 7.0% cap · market cap 8.43%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,382 @ 7.0% cap · market cap 16.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences feature updated interiors, private laundry, ductless HVAC, and a detached covered garage.
Where is this duplex located?
The property is located at 235 12th Street Vallejo, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit duplex with one bedroom and one bathroom in each residence; Unit sizes of approximately 791 square feet and 735 square feet; In‑unit washer and dryer provided in both units
