Fantastic Investment in Opportunity Zone - Vallejo CA

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INCOME PROPERTY FOR SALE

Sweet investment opportunity in the heart of Vallejo

Multi Unit 5 units

513 Virginia St, Vallejo, CA 94590

513VIRGINIA.COM

Year Built: 1898 Building Size:Â 4548 Sq Ft Lot Size: 6500 Sq Ft Tax ID: 002-133-023 CAP 6.1% PROJECTED

OFFERED AT $975,000

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


UNIT COMPOSITION 513: 1 Bed / 2 Bath 515: 2 Bed/ 1 Bath 515: 1 Bed / 1 Bath

RE/MAX MARKETPLACE IS PROUD TO PRESENT

TURN-KEY 5-PLEX IN THE HEART OF VALLEJO

517: 4 Bed/ 2 Bath 517 A: 1 Bed / 1 Bath

513 Virginia Street, is a five-unit property consisting of four buildings in Vallejo, California. Built in 1898, the property features one single family residence with four bedrooms and two baths and a duplex, with two bedrooms and one bathroom. In the rear, two cottages, each with one bedroom and bath and a garage. All units have their own washer and dryer. Featuring a beautiful courtyard garden with Mediterraneanstyle plants that flourish and don’t require constant water or attention only adds to the beauty of this charming community! The units all have separate gas and electric meters. Each of the four buildings has a newer roof that appears to be in great shape, along with many other upgrades to the foundation, the plumbing and electrical. The property is located in historic downtown Vallejo, just a few blocks from the San Francisco ferry, the farmers’ market, and many other local attractions. Seated neatly in the Economic Opportunity Redevelopment Zone, this area will draw in more investment in the coming years. Positioned near libraries, public transportation, and Interstate 80. With retailers such as Costco, Target, Home Depot, and Grocery Outlet nearby, the desirability of this location is a huge draw for tenants! This is a quality investment property with upside rental potential.

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


PICTURES

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


FINANCIALS

INCOME AND EXPENSE PROPERTY REPORT

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


FANTASTIC INVESTMENT IN OPPORTUNITY ZONE

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


COUNTY ASSESSOR'S PARCEL MAP

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


VALLEJO

Downtown Vallejo boasts a burgeoning art scene, deep musical roots, rich history and impressive architecture. Explore the Downtown Vallejo Arts & Entertainment District for an eclectic mix of local culture, featuring galleries, studios, music and performance, shops, restaurants, unique architecture and a great historical museum.

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


DEMOGRAPHIC DETAIL REPORT

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


DEMOGRAPHIC DETAIL REPORT

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


DEMOGRAPHIC DETAIL REPORT

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


DEMOGRAPHIC DETAIL REPORT

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


DEMOGRAPHIC DETAIL REPORT

SIMON RAYA, INCOME PROPERTY SPECIALIST 707.326.1117 | SIMON@SIMONRAYA.COM


Simon Raya INCOME PROPERTY SPECIALIST DRE# 01924065

707.326.1117 SIMON@SIMONRAYA.COM

SIMONRAYA.COM

Each office independently owned and operated. The information contained herein has been obtained through sources deemed reliable by RE/MAX Marketplace, but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.


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