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1706-1708 Sutter St

5 Unit Apartment Building $1,350,000 ($270,000/Unit) 7.12% Cap Rate Vallejo, CA 94590

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Investment Highlights

(4) 1 bed, 1 bath units + (1) Studio + Commercial parking lot; Walk Score® Very Walkable (88)
Separately Metered for PG&E - 3/5 Units Pay All utilities
High 7.12% in Place Cap Rate & 8% Market Cap! Excellent in place income with significant upside in the rents

Parking Lot Can Be Leased for ~$3K/Month - Passive Income Opportunity!
Opportunity Zone!
Recent Renovations - New Staircases, New Water Heater, Upgrades to Studio

Executive Summary

1706-1708 Sutter St & 604 Tennessee St. - (4) 1 bed, 1 bath units + (1) Studio + (1) Commercial Parking Lot
(4) Separate Parcels - (1) Duplex + (1) Triplex + (2) Commercial Parking Lot
Parking Lot Can Be Leased for ~$3K/Month - Passive Income Opportunity!
Recent Renovations - New Staircases, New Water Heater, Upgrades to Studio
Separately Metered for PG&E - 3/5 Units Pay All utilities
Opportunity Zone!
Walk Score® Very Walkable (88)
Excellent in place income with significant upside in the rents
High 7.12% in Place Cap Rate & 8% Market Cap!

1706-1708 Sutter St. OM

Property Facts

Price	$1,350,000	Apartment Style	Low Rise
Price Per Unit	$270,000	Building Class	C
Sale Type	Investment	Lot Size	0.19 AC
Cap Rate	7.12%	Building Size	3,154 SF
Gross Rent Multiplier	10.42	No. Stories	2
No. Units	5	Year Built/Renovated	1917/2024
Property Type	Multifamily	Parking Ratio	9.83/1,000 SF
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,350,000
Price Per Unit	$270,000
Sale Type	Investment
Cap Rate	7.12%
Gross Rent Multiplier	10.42
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Low Rise
Building Class	C
Lot Size	0.19 AC
Building Size	3,154 SF
No. Stories	2
Year Built/Renovated	1917/2024
Parking Ratio	9.83/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.