320 & 322 Evans Ave, Vallejo, CA 94590

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Sold Price
$855,000
List Price
$850,000
Status
CLOSED
MLS#
41124061
Closing Date
May 07, 2026
Year Built
1928
Property Type
2houses-1lot
Living Area
2,526
Lot Size
5,227
Acres
0.12
County
Solano
Subdivision
Other

Property Description

Outstanding Four-Unit Investment Opportunity – DSCR Loan Eligible This well-maintained, professionally managed four-unit offers a rare opportunity to acquire a true investor-ready asset with immediate and reliable income. The property qualifies for DSCR financing, making it ideal for buyers focused on strong cash flow and simplified underwriting. All units are leased at market rents with strong tenancy, delivering day-one stability. The improvements include: • A 3-bed / 1-bath single-family featuring a basement, additional storage, and washer/dryer hookups. • Two 2-bed / 1-bath units, each with full kitchens and bathrooms. • A studio apartment above the garages with a kitchenette and private bath. Each unit is well cared for and has off-street parking. Three of the residences enjoy their own private yard space. Beyond the in-place rents, the property provides additional income upside: • Two garage/storage spaces with potential for separate rental revenue. This is a durable, professionally operated income property combining stability, functionality, and future growth potential — well suited for both seasoned investors and those entering the multi-unit market.

Additional Information

Exterior
Other
Flooring
Tile, Carpet
Lot Description
Rectangular Lot
Parking Features
Off Street
Roof
Other
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of Nathan Jines from KW Advisors East Bay. 510-220-4714

Selling Office: Bhhs Drysdale Properties.

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