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324 Idora Ave, Vallejo, CA 94591
Priced at Only: $495,000
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Address: 324 Idora Ave, Vallejo, CA 94591
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  • MLS#: 41124086 ( Duplex )
  • Street Address: 324 Idora Ave
  • Viewed: 2
  • Price: $495,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1930
  • Bldg sqft: 0
  • Days On Market: 8
  • Additional Information
  • County: SOLANO
  • City: Vallejo
  • Zipcode: 94591
  • Subdivision: Granada Hills
  • Provided by: The Pinza Group, Inc
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Remodeled duplex with back unit delivered vacant with excellent cash flow potential. The proforma cap rate is 7.28% and the proforma GRM is 9.59. The property features two detached homes offering one 2bd/1bth unit and one 1bd/1bth unit. The property was originally built in 1930, offers approximately 1,274 square feet of rental space, and sits on a 6,969 square foot lot with a large back yard and ample parking space. The homes have been remodeled over time and offer updated kitchens and bathrooms, wood floors, newer paint, custom lighting and molding, double pane windows and more. The property has historically been easy to rent and is separately metered for electric and gas providing low annual operating expenses. This is a perfect opportunity for an owner occupant who can live in one unit and have the other unit pay down their mortgage. This is a high demand rental location in Vallejo near many restaurants, parks, schools, and shopping options. The block is very nice and surrounding by single family homes with pride of ownership. This location has easy access to HWY 80 and HWY 780 making this a very convenient location that's easy to rent.
Features
Association Fee
  1. 0.00
Construction Materials
  1. See Remarks
Cooling
  1. See Remarks
Flooring
  1. Tile
  2. Wood
Heating
  1. See Remarks
Parcel Number
  1. 0074041110
Parking Features
  1. Other
Property Type
  1. Duplex
Sourcesystemkey
  1. 41124086:BMLS
Subdivision Name Other
  1. GRANADA HILLS
Tenant Pays
  1. Gas
Year Built
  1. 1930
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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