Mixed-Use Property on Solano Avenue

2630-2632 Solano Avenue Vallejo, CA 94590

Claim this Listing
For Sale
$950,000

Two residential units and two commercial units on Solano Blvd.

Type:Commercial Sale / Mixed Use
Property size:
3,983 SF
Price / SF:
$238/SF
Added:
Mar 12, 2026
Days on Market:
122
Last Refresh:
Jul 5 at 9:38 am

Property Features for 2630-2632 Solano Avenue

General Information

Standard status
Active
Size
3,983 SF
Property subtype
Commercial Sale / Mixed Use

Building Details

Year Built
1900

Listing office CENTURY 21 Real Estate Alliance

Listing date Mar 12, 2026

Source Compass

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 CENTURY 21 Real Estate Alliance


Investment Insights

Based on property information with market context.

This property presents a rare opportunity to own two buildings on a single lot. The Indiana Street building contains two residential units, each featuring two bedrooms and one bath. The Solano Boulevard building offers two commercial units. All units are currently leased, providing immediate income potential. The property is located on Solano Avenue.

Key Highlights

  • Two residential and two commercial units all on one lot.
  • Located on Indiana Street and the busy Solano Blvd.
  • All units are currently leased, offering immediate income.

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 $117.1k $29.40
− Vacancy −$6.4k −$1.62
EGI $110.7k $27.78
− OpEx −$33.2k −$8.33
NOI $77.5k $19.45
3,983 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Mixed Use
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,571 @ 7.0% cap · market cap 9.22%
Second Best
Multifamily LT 5
$1.11M
$968.3K – $1.29M (±1% cap)
NOI $77,462 @ 7.0% cap · market cap 8.15%
Theoretical Best
Office A
$1.94M
$1.70M – $2.26M (±1% cap)
NOI $135,693 @ 7.0% cap · market cap 14.28%
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

HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Garden Center

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

FAQs

What type of property is this?
Mixed-use property - Two residential units and two commercial units on Solano Blvd.
Where is this mixed-use property located?
The property is located at 2630-2632 Solano Avenue Vallejo, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two residential and two commercial units all on one lot.; Located on Indiana Street and the busy Solano Blvd.; All units are currently leased, offering immediate income.
Contact an agent
More about this property
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