$849,900
$15K PRICE DROP

1007 Grant St Vallejo, CA 94590

South Vallejo Neighborhood

Estimated payment $5,593/month

Total Views 5,223
4 Beds
4 Baths
2,100 Sq Ft
$405 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Landscaped
  • Contemporary Architecture
  • Double Pane Windows
  • Laundry Facilities

About This Home

Affordable Vallejo Fourplex with great upside potential. Current Rents total $78,257 with garbage pass through. GRM of 10.86! The building consists of 4, 1 bedroom 1 bath units. Several of the units have had some updates. The building also has a laundry area (not currently in use). The seller owns two additional lots adjacent to the 4 plex that are included in the Sale! Those lots combined are just over .1 of an acre. They are currently being used as the parking lot. We have been told by the previous owners that those lots may be buildable. Long-term tenants with zero rent balances and low monthly expenses. 2023 and 2024 Financial statements available for review. Included lots are addressed 1015 Grant APN #'s 0062-054-450 and 0062-054-460 (See pictures for overhead View).

Listing Agent

Ron Benning

LPT Realty, Inc License #01058898

LPT Realty, Inc

Co-Listing Agent

Shawn Mileham

LPT Realty, Inc License #01271371

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,848 Sq Ft Lot
  • Landscaped

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • City Views
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 0062-054-300

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month
  • Net Lease
  • Insurance Expense $3,000
  • Net Operating Income $53,081

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Year Built: 1965
  • Accessibility Features: None
  • Architectural Style: Contemporary
  • Levels: Two
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Linoleum, Carpet
  • Basement: None
  • Price Per Square Foot: 404.71
  • Square Footage: 2100.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood, Stucco
  • Disclosures/Documents: Environmental Hazards Report
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 849900.00
  • Lot Features: Shape Regular, Landscape Front
  • New Construction: No
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level
  • View Description: City

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 8.00
  • Number Of Guest Spaces: 4

Utilities

  • Security: Smoke Detector, Carbon Mon Detector
  • Sewer: In & Connected
  • Utilities: Electric
  • Cooling: None
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Water Source: Public
  • Separate Meters: Electricity

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Lot Info

  • Zoning: Multifmaily
  • Irrigation: None
  • Lot Size Acres: 0.1113
  • Lot Size Sq Ft: 4848.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Electricity
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Gross Income: 78240
  • Income Includes: ["See Remarks","Rent Only"]
  • Insurance Expense: 3000
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None
  • One Bedroom Annual Occupancy: 100
  • Gross Income Multiplier: 11.050
  • 1 Bedroom Rent Range: $1600-$1700 Plus Garbage Pass Through
  • Two Bedroom Rent Range: 1600-$1700 Plus Garbage Pass Through
  • Three Bedroom Rent Range: $1232 Plus Garbage Pass Through
  • Four Bedroom Rent Range: 1600-$1700 Plus Garbage Pass Through
  • Studio Rent Range: N/A
  • Number Of1 Bedrooms Occupied: 3
  • Total Number Owner Occupied: 3

Tax Info

  • Assessor Parcel Number: 0062-054-300

MLS Schools

  • School District (County): Solano

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $849,900 -1.7% $405 / Sq Ft
03/13/2025 03/13/25 For Sale $865,000 +13.4% $412 / Sq Ft
08/10/2021 08/10/21 Sold $762,500 0.0% --
08/01/2021 08/01/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $762,500 -- --
Source: MetroList

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Source: MetroList

MLS Number: 325021672

MetroList

California Solano County Vallejo 94590 South Vallejo

1007 Grant St, Vallejo, CA

Homes for Sale in Vallejo, CA

This home is located at 1007 Grant St, Vallejo, CA 94590 and is currently priced at $849,900, approximately $404 per square foot. This property was built in 1965. 1007 Grant St is a home located in Solano County with nearby schools including Grace Patterson Elementary School, Vallejo High School, and Saint Vincent Ferrer School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Ron Benning
Listing Agent
Ron Benning
Section Image
LPT Realty, Inc
(707) 988-5361