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320 Evans Ave

Vallejo, CA 94590

– beds
– baths
– sqft
10,425 sqft lot
1928 build
– on site

4-unit multi-family residential investment spread across two parcels with a 8.55% current cap rate and a 8.76 GRM. The unit mix features one 3bd/1bth single-family home, one duplex with two 2bd/1bth units, one studio unit, and two potential RV units. The properties were built in 1928, offer approximately 2,885 square feet of living space, and sit on a combined lot size of 10,454 square feet. The units have been remodeled over time and offer newer kitchens, bathrooms, wood floors, custom fixtures, upgraded electrical and plumbing, new paint, and no deferred maintenance. The rear duplex and studio units have separate backyards with ample parking space. The property has been historically easy to manage and is separately metered for PG&E providing for low annual operating expenses. The property will be delivered almost 100% vacant making this a perfect opportunity for an owner-occupant, extended family, or investor seeking maximum market rents. The two parcels create a rare opportunity to maximize the cash flow potential and offer development potential.

Listed By CRMLS_CA / David Howarth / The Pinza Group, Inc

Last checked: Checking… • Last updated Apr 13, 2025 •

MLS# 41093181 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1928
Construction Materials:

See Remarks
Total Number Of Units:

4

Location

Directions:

Benicia Rd right on Evans Ave Cross Street: Benicia Rd.
Latitude:

38.09582400
Longitude:

-122.23752200

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Lot Size Area:

10425.0000
Lot Size Acres:

0.2393
Lot Size SqFt:

10425.00
Lot Size Source:

Public Records

Listing Agent

Contact info:

The Listing

Parcel Number:

0059124140

Heating & Cooling

Heating:

1
Heating:

See Remarks
Cooling:

Yes
Cooling:

See Remarks

Utilities

Sewer:

Public Sewer

Parking

Parking:

Yes
Parking:

Other
Parking Spaces:

20.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
4/12/25 Apr 12, 2025	Listed / Active	CRMLS_CA	$895,000
10/5/17 Oct 5, 2017	Sold	BAREIS
9/28/17 Sep 28, 2017	Pending	BAREIS

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This multifamily located in South Vallejo, Vallejo, CA 94590 is currently for sale for $895,000. 320 Evans Ave is a – square foot multifamily with – beds and – baths that has been on Estately for 4 days. 320 Evans Ave is in the South Vallejo neighborhood of Vallejo and has a WalkScore® of 70, making it somewhat walkable. This multifamily is in the attendance area of Franklin Middle School, Grace Patterson Elementary School, and Vallejo High School.

Listing Courtesy of: CRMLS_CA and The Pinza Group, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 10:45 on Apr 16.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.