337 Georgia Street

The property's location in downtown Vallejo offers a compelling blend of convenience and vibrancy, surrounded by numerous amenities such as retailers, restaurants, parks, museums, and accessible transit options. Vallejo itself benefits from its proximity to San Francisco, positioned just 31 miles northeast, and serves as the gateway to Northern California's renowned wine country in the North Bay region. Vallejo has experienced a resurgence driven by a strong economy and affordable housing options, attracting new businesses and residents alike. Many are drawn to the city's beautifully restored Victorian homes and business fronts, adding to its charm and appeal. The city also serves as a pivotal transportation hub for the North Bay, highlighted by its Ferry Terminal and commuter ferry service, which have set a precedent for the entire Bay Area. Attractions like Six Flags Marine World, the Downtown Farmer's Market, Solano County Fairgrounds, Touro University, and Gateway Plaza Shopping Center contribute to Vallejo's dynamic community atmosphere. With a high Walk Score of 89 out of 100, the property's location underscores its accessibility, allowing residents to accomplish most daily errands conveniently on foot. This combination of amenities, accessibility, and community vitality makes downtown Vallejo an attractive choice for tenants.341 Georgia St is a pride of ownership building located in the Vallejo city center, showcasing a blend of modern upgrades and preserved Victorian charm. All residential units, 8 in total, and one of the two commercial units have been fully renovated to contemporary standards. These renovated units boast high ceilings, stainless steel appliances, including microwaves and dishwashers, new kitchen cabinetry with countertops, vinyl plank flooring, updated bathrooms, and modern lighting fixtures. Despite these updates, the building still retains its original and beautifully designed Victorian features such as picture rail moldings, built-in bedroom cabinets, large bay windows, and exposed brick walls, adding a unique character and appeal. The strategic improvements made to the property, coupled with its prime location, have enabled the current owner to command rents close to market rates for the area. Additionally, there are opportunities for the new owner to increase revenue by leasing the currently vacant retail and storage spaces, further enhancing the building's performance.