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Duplex with Separate Storage
For Sale
$475,000

253 Westwood Street, Vallejo, CA 94591

Two-unit layout with a backyard, separate storage, and freeway access.

Property Size1,525 SF
Price / SF$311.48
Days on Market76

Property Features for 253 Westwood Street

General Information

Standard status Active
Size 1,525 SF
Property subtype Land

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

backyard
storage

Building Details

Year Built 1953
Listing Agency: Granite Equity Group
Listed By: The Jamison Team
Source: Tuscanaproperties
Added: Aug 2 Changed: Aug 31 Last Checked: Aug 30 at 4:29PM

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 Granite Equity Group

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Investment Insights

Based on property information with market context.

This two-unit duplex at 253 Westwood Street in Vallejo was built in 1953 and includes a backyard plus separate storage. The configuration supports several occupancy approaches, including residing in one unit while leasing the other or leasing both units.

The property is located near commercial establishments and offers access to the freeway, adding convenience for residents. Its two-unit format and additional outdoor and storage areas provide a straightforward residential income property layout.

Key Highlights

  • Two‑unit duplex configuration
  • Built in 1953
  • Backyard included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,658
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,160 $593.2K
Cap Rate 7%
$423,686 $423.7K
Cap Rate 9%
$329,533 $329.5K
Market Conditions
NOI Build-Up for 1,525 SF
Gross rent
$44.8K $29.40/SF
− Vacancy
−$2.5K −$1.62/SF
EGI
$42.4K $27.78/SF
− OpEx
−$12.7K −$8.33/SF
NOI
$29.7K $19.45/SF
Area
Vallejo, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,160
Cap Rate 7%
$423,686
Cap Rate 9%
$329,533

Alternative Uses

Best Use
Multifamily LT 5
$423.7K
$370.7K – $494.3K (±1% cap)
NOI $29,658 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$380.5K
$333.0K – $444.0K (±1% cap)
NOI $26,638 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$742.2K
$649.4K – $865.9K (±1% cap)
NOI $51,954 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Building Supply Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby

Demographics for 94591, CA

56,305
Population
20,543
Households
2.7
Avg Household Size
42
Median Age
31%
College-Educated
89%
High-School Grad
21.1 sq mi
ZIP Area
2,668
Density / Sq Mi
$107,849
Median Household Income
$50,607
Median Earnings
$2,218
Median Rent
$602,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit layout with a backyard, separate storage, and freeway access.
Where is this duplex located?
The property is located at 253 Westwood Street Vallejo, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Built in 1953; Backyard included
More about this property
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