320 & 322 Evans Ave, Vallejo, CA 94590-7140

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Listing courtesy of Listing Agent: Nathan Jines (nathan@jinesre.com) from Listing Office: KW Advisors East Bay.

Selling Office: Bhhs Drysdale Properties.

Sold Price
$855,000
List Price
$850,000
Status
CLOSED
Days on Market
59
Closing Date
May 07, 2026
MLS#
41124061
Subtype
Residential Income
Year Built
1928
Lot Size
5,227
Acres
0.12
Subdivision
Other
Neighborhood
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

Flooring
Carpet, Tile
Heating
Electric, Natural Gas, Wall Furnace
Exterior Construction
See Remarks
Parking Features
On Street

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.