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Vallejo, CA, 94590 • Old City Vallejo • Solano County
$236/sqft
Down payment assistance available
4Beds
3Baths
3,180Sqft
0.14 acLot
1925Built
Character Home
Built 1925 · 101 years of history
Wood Floors
Quality flooring throughout
2d on Market
Listed Apr 5, 2026
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Listed 2 days ago · 242 views · 11 saves
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2 days on market
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$236/sqft
Price per square foot
Multi Family · Built 1925 · Historic
Showing: Thursday 4/9 from 12:00-1:30pm. HUGE 3-unit apartment complex consisting of one large 2bd/1bth top unit and two 1bd/1bth bath lower units with strong current cash flow and excellent rental upside. Current cap rate is 5.95% and the current GRM is 11.82 and the price/square foot is only $235! One unit will be delivered vacant at closing unit making for a perfect set-up for owner occupants. The property was originally built in 1925, offers approximately 3,180 square feet of living space, and sits on a 6,240 square foot lot with a large landscaped backyard and parking for three cars. The units have been updated and offer newer cabinets and countertops, wood floors, stainless steel appliances, custom lighting and molding, in-unit laundry, and more. All known maintenance issues have been addressed, and the property is separately metered for electric and gas, providing low annual operating expenses. Property management is easy and the building rents fast when there’s a vacancy. This is a high demand rental location that's walking distance to many restaurants, coffee shops, and grocery stores in the Historic District and only a short distance to the Mare Island waterfront and Vallejo marina.
Standout features identified
Our analysis highlights parking for three cars, large landscaped backyard, and stainless steel appliances as key attractions of this home.
Based on current rates
Est. 6.18% rate · 30yr fixed · $599,200 loan
Full calculator →Key facts and listing details
9 categories of property features
Market data and value estimates
3 schools rated nearby
Vallejo, CA, 94590
16 events
Local context around this listing
Vallejo, CA • Solano County
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Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2026-04-07 12:23:47 PDT.
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