628 Kentucky St, Vallejo, CA 94590

Vallejo
Local realty services provided by:ERA North Orange County Real Estate
628 Kentucky St,Vallejo, CA 94590
$895,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: david howarth
Office: the pinza group, inc510-725-4775
MLS#:41139945
Source:CRMLS

Price summary

  • Price:$895,000

About this home

4-unit apartment complex spread across two buildings with great current cash flow and excellent upside. The current cap rate is 8.0% and the current GRM is 9.45. The front building offers an extra large 2bd/1bth house and 1bd/1bth unit and the back building offers two large 2bd/1bth units and a huge basement. The property was originally built in 1900, offers approximately 3,248 square feet of rental space, and sits on a 6,500 square foot lot with four off-street parking spaces. The front 2bd/1bth unit and the back upper-level 2bd/1bth unit will be delivered vacant at closing making for a perfect set-up for an owner-occupant or investor seeking maximum market rents. All units have been remodeled over time and feature updated kitchens and bathrooms, hardwood floors, newer carpet, new paint, custom tile and lighting, and mature landscaping. The property is easy to manage and separately metered for PG&E providing for low annual operating expenses. This well-located property is...

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Home facts

  • Year built:1900
  • Subdivision & Development:Other
  • Listing ID #:41139945
  • Added:47 day(s) ago
  • Updated:August 15, 2026 at 10:42 AM

Structure and exterior

  • Year built:1900
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$895,000

Parking

  • Total parking spaces:4
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