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Listed by Reena Paleja • Reena Real Estate Inc., DRE#01133785
$769,000
Est. payment /mo
7,364 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 7,364 sqft
Price per Sqft $104
MLS Listing ID ML82065618
Year Built 1925
Lot Size 6,500 Sqft
Property Sub-Type Fourplex
Property Description
Excellent investment opportunity with the potential to convert this former mixed-use property into a four-unit residential building in Vallejo! The property features three ground-floor commercial spaces (704, 706, and 708 Ohio St), each equipped with a half bathroom that could potentially be converted into a full bathroom. The second floor features a spacious 4-bedroom, 2-bathroom residential unit (710 Ohio St). With the property's current Residential Low Density zoning, the ground-floor spaces need to be repurposed for residential use, offering potential for traditional residential units or live/work arrangements, subject to approval. Property is sold as-is. Once legally converted into four residential units, the property may qualify for conventional 24 unit financing, subject to lender requirements. Conveniently located near Downtown Vallejo, shopping, dining, and transportation. This property may also be purchased together with the property located behind it, 712 Ohio St (MLS# ML82065630), with a combined asking price of $999,998. Buyer to independently verify zoning, permitted uses, conversion feasibility, and all applicable requirements.
Location
State CA
County Solano
Area Vallejo 4
Zoning Residential Low Density (RLD)
Interior
Heating Gas
Cooling None
Exterior
Parking Features On Street
Utilities Available Public Utilities
Roof Type Wood Shakes / Shingles
Building
Story 3
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 3
Others
Tax ID 0056-105-190
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Matt Cossell
Top 1% Realtor License ID: 01382971
Top 1% Realtor License ID: 01382971