Property Details
About this Property
1706-1708 Sutter Street & 604 Tennessee St. in Vallejo, CA. is a 5 unit property in an opportunity zone consisting of four one bed, one bath units, one "non-conforming" studio, and a commercial parking lot in downtown Vallejo. The commercial parking lot has historically been leased for $3K/month, granting an opportunity for passive income. The sizable 790sqft units are individually metered for PG&E which all tenants pay. 3/5 units pay all utilities, keeping expenses low for owners. One unit is vacant making this a perfect opportunity for new or experienced investors to charge market rate rent or for owner/users to fill the space. Recent renovations include new staircases, one new water heater, and significant upgrades to the studio unit. It also provides a space for owners and tenants to park and store vehicles behind a security gate. 1706-1708 Sutter St. lies in an opportunity zone, given owners possible tax relief. It boasts a high 7.29% cap rate with room for upside in the rents.
MLS Listing Information
MLS #
EB41076518
MLS Source
Bridge MLS
Days on Site
36
Interior Features
Flooring
Concrete, Hardwood, Laminate, Vinyl
Cooling
Ceiling Fan
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 790 | 1 | 0/0 | $1,850 | – | – |
| 2 | 790 | 1 | 0/0 | $1,567 | – | – |
| 3 | 790 | 1 | 0/0 | $1,425 | – | – |
| 4 | 790 | 0 | 0/0 | $1,200 | – | – |
| 5 | 790 | 1 | 0/0 | $1,750 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1706 Sutter St. is a Residential Income in Vallejo, CA 94590. This 3,154 square foot property sits on a 0.36 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in 1917. This address can also be written as 1706 Sutter St., Vallejo, CA 94590.
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This listing information is up-to-date as of October 30, 2024. For the most current information, please contact Ethan Berger, (925) 588-9740
