531 Georgia St, Vallejo, CA 94590

Vallejo
Local realty services provided by:ERA Excel Realty
531 Georgia St,Vallejo, CA 94590
$829,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brian baniqued
Office: bcre510-222-0900
MLS#:41148291
Source:CRMLS

Price summary

  • Price:$829,999

About this home

Excellent multi-family / residential income investment opportunity in the heart of downtown Vallejo! This 4,269 SF 3-unit mixed-use building at 531-537 Georgia St features 3 fully leased income-generating units at 100% occupancy, offering immediate, stable cash flow with upside potential. Built in 1930 and renovated in 2023, the property has been meticulously maintained with a newer roof (~5 years old), upgraded electrical capacity with PG&E (including new exterior panels), new gutters, and fresh exterior paint. Unit 537 features additional high-value upgrades including new split HVAC, new flooring, and a new electrical subpanel. Zoned DMX (Downtown Mixed Use), the property offers high-density residential and commercial flexibility on a 6,500 SF lot complete with off-street rear parking plus ample street parking. Prime location just half a block from Old Town Vallejo, moments from the Farmers Market, Empress Theatre, and Georgia Street corridor. Current Cap Rate 6.72%, Pro Forma...

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Home facts

  • Year built:1930
  • Subdivision & Development:OLD TOWN
  • Listing ID #:41148291
  • Added:59 day(s) ago
  • Updated:November 14, 2026 at 12:32 PM

Rooms and interior

  • Flooring:Laminate, Tile

Structure and exterior

  • Roof:Shingle
  • Year built:1930
  • Lot area:0.15 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$829,999

Parking

  • Total parking spaces:6
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