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Listed by Joel Diaz • eXp Realty of California Inc
$1,050,000
Est. payment /mo
8 Beds
5 Baths
3,473 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,473 sqft
Price per Sqft $302
MLS Listing ID ML82023124
Style Victorian
Bedrooms 8
Full Baths 5
Year Built 1915
Lot Size 3,900 Sqft
Property Sub-Type Triplex
Property Description
Excellent investment opportunity in Vallejo! This 3,473 sq. ft. Victorian-style triplex delivers a strong 7%+ cap rate and reliable cash-on-cash returns. All three units have been recently renovated, minimizing maintenance costs and maximizing rental appeal. Updates include modern kitchens, upgraded bathrooms, and in-unit laundry, ensuring tenant satisfaction and steady occupancy. The property combines historic character with income stability, offering sweeping views of the valley and mountains in a safe, quiet neighborhood. Ample on-site and street parking eliminates the need for a garage, while heating systems include gas, radiant, and wall furnaces for year-round efficiency. Strategically located within the Vallejo City Unified School District, the triplex is close to freeway access, shopping, and public transportation, making it highly attractive to renters. With modern upgrades already in place, investors can acquire a turnkey property that generates immediate income with minimal overhead. Whether youre expanding your portfolio or seeking a strong-performing asset in a growing Bay Area city, this triplex offers the rare balance of historic charm, tenant-friendly amenities, and excellent financial performance.
Location
State CA
County Solano
Area Vallejo 3
Zoning Residential
Interior
Heating Gas, Radiant, Wall Furnace
Cooling None
Exterior
Parking Features No Garage, Off-Site Parking, Off-Street Parking
Utilities Available Public Utilities
View Mountains, Valley
Roof Type Composition
Building
Story 2
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 0056-212-120
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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