800 Capitol ST Vallejo, CA 94590

This is a Pride of Ownership property with stunning Mission Revival Style. 2 Buildings. The building on the corner has 4 units that include the penthouse on the entire top floor featuring 3 large bedrooms, an office w/balcony, formal dining and living rooms, a laundry room and rear balcony. There are views in all directions. Recently renovated units finished with the highest quality materials & period design. The back building that faces Napa St has 4-2br and 4-1br units. This queen of the hill property attracts the highest quality tenants. Rents are at or near market throughout. For extra & long-term, stable income, there are four large storage garages and an owner's 1500SF+ workshop+garage storage that can be used as extra income or as shop/spares storage. There's a parking spot in front of the workshop entry and a laundry area for extra income. Most units renovated. NOTE 7/27/23-800 Capitol St. Apartments built by Conrad Rump have been found to be a Vallejo City Landmark [see photos]. They could be eligible for Mills Act property tax relief of 40%-80% elevating the cap rate to 8%-8.5%.