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$749,900
3,846 SqFt. 326076275 MLS
Don't miss this fantastic income-producing property in the heart of West Vallejo! Perfectly positioned for seasoned investors or those looking to start their portfolio, this 1912-built, 6-unit property offers a gross scheduled income of $6,388 per month and a competitive 7.10 cap rate. The property boasts an excellent unit mix featuring: two spacious 2-bedroom/1-bath units and three 1-bedroom/1-bath units, all currently tenant-occupied. The sixth unit is a studio currently utilized as storage, offering a unique value-add opportunity to either retain for owner use or convert back to an active rental to boost your cap rate even further. Tenants enjoy convenient in-unit laundry features and separate electric and gas meters, keeping operating expenses manageable for the owner. Situated on a sizable 6,500 sq. ft. lot, the property also includes a single garage that comes with one unit, off-street, and street parking. Also an alley on back of property as well

827 Pennsylvania St, Vallejo

Listing courtesy of Patrick Brooks from The Company Real Estate

$815,000
3,406 SqFt. 326063374 MLS
Promising, 6-unit complex with enclosed grassy campus and lots of upside. Just 2-4 blocks to downtown & SF Ferry. Garage possibilities as subdivided storage & laundry center. Yard at alley could be converted to off-street, parking revenue. This is a friendly apartment community sharing a community lawn space & with lots of upgrade potential. + Freshly painted exterior. Some units recently renovated + 2-blocks to Provisions - Vallejo's fave restaurant + 2.5-blocks to Empress Theater + 3-blocks to Saturday Downtown Farmer's Market + 4-blocks to SF Ferry + Key upgrades could improve revenue $1370-$1530/mo. (1/1 renovation $600/mo., Garage storage units $300-360/mo., Laundry $120/mo., Cottage deck $150/mo., Off-alley assigned parking $200-300/mo. => $1370-1530/mo.=> $16k-18k/yr.)

409 Carolina St, Vallejo

Listing courtesy of Kevin Reilly from RE/MAX Gold

$1,000,000
4,442 SqFt. 326058599 MLS
Positioned on a prominent corner lot directly across from Washington Park, this well-maintained five-unit apartment building presents an outstanding investment opportunity in the Vallejo rental market. With frontage on both Louisiana Street and Napa Street, the property benefits from excellent visibility, strong curb appeal, and a desirable residential setting. The unit mix consists of one spacious 3-bedroom, 2-bath unit and four 1-bedroom, 1-bath units, offering a balanced income stream with broad tenant appeal. Additional amenities include two one-car garages, providing added value and potential for supplemental rental income. Ownership has completed several capital improvements, including updated electrical subpanels and newer exterior paint, helping reduce near-term maintenance costs while enhancing the property's overall condition. Conveniently located across from Washington Park and within close proximity to shopping, schools, transportation, and major commuter routes, this asset offers investors the opportunity to acquire a solid multifamily property with an attractive unit mix, quality improvements, and long-term upside in one of Vallejo's established neighborhoods.

845 Louisiana St, Vallejo

Listing courtesy of Steven Level from Berkshire Hathaway

$1,450,000
5,270 SqFt. 326054298 MLS
Exceptional Historic 6-Unit Investment Property in the Heart of Vallejo featuring a total of 9 Bedrooms and 7 Full Bathrooms across two separate buildings. This unique offering combines timeless architectural character with extensive modern renovations. All 6 Units have been extensively updated and remodeled offering an attractive unit mix and strong income potential. The property consists of two separate buildings. The main building, fully remodeled in 2024 with permits while preserving its historic character, features four units, including a spacious Main Unit with 4 bedrooms and 2 bathrooms, soaring ceilings, abundant natural light, elegant staircase, and stylish upgrades throughout, ideal for an owner-occupant or premium rental. Additional Units in the Main Building include Unit A (1bed/1bath), Unit B (studio), and Unit C (2bed/1bath). The Rear building offers two additional fully remodeled units: Unit D (2BD/1BA) on the upper level and Unit E (studio) on the lower level. Two enclosed private garages provide valuable off-street parking and storage, with one garage designated for the Main Unit and the other designated for Unit D. A gated, private courtyard creates a charming, communal outdoor space for residents. Well-maintained and currently income-producing, this unique property combines strong current rental income with additional upside potential. Home Warranty in place paid until 2032 is transferable to new owner! Nestled in the desirable Saint Vincent's Hill Historic neighborhood, this centrally located multi-unit property presents an outstanding investment opportunity just minutes from the Vallejo Ferry Terminal, Farmer's Market, shopping, parks, schools, restaurants, and major freeways.

914 Sacramento St, Vallejo

Listing courtesy of Chona Ramos from Journey Home Realty

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