926 Georgia St, Vallejo, CA 94590
VALLEJO HILLS · Solano County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1925
Living Area
3,180 sq ft
Lot Size
0.14 acres
Parking Spaces
3
Days on Market
80
MLS® Listing#
41129724
Property Features
Exterior
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
0056211130
Directions
Alameda St right on Georgia St
Affordability Calculator
$149,800
Estimated monthly payment
$3,986/mo
Principal $599,200 · Est. interest $835,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Vallejo, CA
- $541,176
- Median Listing Price
- 42
- Median Days on Market
- 1,481
- Median Sq Ft
- $345
- Median Price / Sq Ft
- 230
- Active Listings
- This home’s price is 38% above the area median.
- Its price per sq ft is 32% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Vallejo, CA.
Location
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Points of Interest in Vallejo, CA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 227 Clearpointe Drive, Vallejo, CA | $530,000 | 3 | 3 | 1,531 |
| 227 Clearpointe Drive, Vallejo, CA | $530,000 | 3 | 3 | 1,531 |
| 1501 Lassen Ct, Vallejo, CA | $535,000 | 3 | 2 | 1,483 |
| 1501 Lassen Ct, Vallejo, CA | $535,000 | 3 | 2 | 1,483 |
| 3021 Georgia St, Vallejo, CA | $539,000 | 3 | 2 | 1,392 |
| 3021 Georgia St, Vallejo, CA | $539,000 | 3 | 2 | 1,392 |
Moving Cost Estimate
EXIT Agents in Vallejo
Listing Courtesy: The Pinza Group, Inc - 5107254775
Presented by: David Howarth
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.