1706 Sutter St Vallejo, CA 94590-4427
Property profile & analytics
1706 Sutter St Vallejo, CA 94590-4427
- Investment properties
- 1,980 SF
- 0.08 lot acres
Property ID
US09-1049936
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 1706 Sutter St
- Year built
- 1917
- Lot size
- 0.08 lot acres
- Property size
- 1,980 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 0056-052-240
- APU
- 56052240
Description
This exceptional mixed-use investment opportunity presents a five-unit apartment building situated on a sizable 15,514 square foot lot in desirable Vallejo, California. The property, encompassing two buildings and two stories, boasts a total of 15,514 square feet, with 3,154 square feet of net rentable space. The building consists of four one-bedroom, one-bathroom units and one studio unit. Recent renovations in 2024 include new staircases, a new water heater, and significant upgrades to the studio. Three of the five units are currently occupied, with tenants paying all utilities, minimizing operational expenses. One unit is vacant, presenting an immediate opportunity to increase rental income. A significant advantage is the inclusion of a commercial parking lot, historically generating approximately $3,000 per month in passive income. The property is strategically located in an Opportunity Zone, potentially offering tax benefits to investors. The asking price is $1,350,000, representing a compelling price per unit of $270,000 and a current cap rate of 7.12%, with a pro-forma cap rate of 8.00%. The property's strong cash flow, coupled with its prime location and recent renovations, makes it an attractive investment for both seasoned and new investors. The property features separately metered PG&E utilities. The building's address is 1706 Sutter St, Vallejo, CA 94590. This is a truly remarkable opportunity to acquire a well-maintained, high-performing multifamily property with significant upside potential. The property is classified as a Class C, Core investment with a NNN lease type. The building was originally constructed in 1917.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.253
- Latitude
- 38.1103
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,745
$58,850
$259,703
$318,553
-
$0.00
$0.00
$0.00
