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$350,000
41140629 MLS
Seller financing may be considered! Land development opportunity at 78 Springs Rd in Vallejo, CA for sale. With architectural drawings completed and entitlements for a 30-unit apartment nearly in hand, the project presents an excellent opportunity for a developer to bypass a significant portion of the soft costs and time typically associated with the high barrier to entry that exists throughout the San Francisco Bay Area. The ±1.22 acre site is has completed drawings for 30 apartment units comprising of 18 (1 Bedroom) and 12 (2 Bedrooms) with 41 parking spaces. Expected to be CEQA exempt and with an estimated six (6) month approval process to complete approved status w the City of Vallejo before moving to MEP (Mechanical, Electrical, and Plumbing) drawings. California’s AB 1286 further allows developers up to 100% bonus density, offering flexibility to proceed with the project as drawn or pursue additional units for a potentially higher-yielding outcome. Buyer to confirm all density bonus eligibility and allowable uses with the City of Vallejo. Situated in an established retail corridor, the property benefits from immediate proximity to shopping, services, and daily conveniences — a natural draw for prospective renters. Highway 80 access nearby connects the site to the broader Bay Area, including Richmond, Berkeley, Oakland, and San Francisco.

78 Springs Rd, Vallejo

Listing courtesy of Davide Pio from BCRE. 510-815-2000

$599,000
3 Beds 2 Baths 41139961 MLS
Check out this amazing opportunity to assume the Seller's FHA loan of 396K at record low 2.75% interest rate! DO not miss this rarely available & beautifully refreshed, move-in ready single-story home offering 3 bedrooms and 2 bathrooms on a premium corner lot and featuring a spacious, fully fenced front yard — perfect for outdoor enjoyment, pets, or added privacy. Inside, light-filled living spaces welcome you w/ large windows, elegant tile flooring, & a warm fireplace that creates a natural gathering place in the living room. The updated kitchen showcases SS appliances, granite tile countertops, & tasteful finishes ideal for both daily living & entertaining guests. The hall bathroom has been stylishly renovated w/ contemporary touches, while the converted garage provides valuable flexible space suited for a home office, fitness area, playroom, or guest retreat — easily tailored to your needs. Important upgrades include a newer roof & water heater, fresh exterior paint, & an upgraded electrical panel, delivering efficiency & peace of mind. Additional features include crown molding, recessed lighting, mirrored closet doors, hardwood flooring in the bedrooms, and a spacious backyard w/ mature persimmon and tangerine trees plus a handy storage shed. Thoughtfully improved & full of charm, this exceptional property offers comfort, versatility, & a rare single-level opportunity in a desirable location.

1201 Valle Vista Ave, Vallejo

Listing courtesy of Dessislava Gueorguieva from Coldwell Banker. 925-286-1707

$720,000
41137147 MLS
Berger & Associates of NAI Northern California welcomes the exclusive sale of 630 York Street in Vallejo, CA. The Victorian-style fourplex property consists of one 2-bedroom unit, two 1-bedroom units, and one Studio. The tenants pay for PG&E, keeping expenses minimal for the owner. Additionally, tenants enjoy a backyard area and off-street parking. One unit is currently vacant, making this a perfect opportunity for an owner to occupy the space or to charge market rate rent. 630 York St. is one of the most conveniently placed properties in Vallejo as it close to commuting routes such as the SF Ferry (0.4mi), Sonoma Blvd (0.1mi), Interstate 80 (1.5mi), i-780 (1.2mi), and the Carquinez Bridge (2.8mi). Owners and tenants also have the pleasure of easy access to national retailers, grocery outlets, restaurants, and Vallejo's downtown amenities. The placement of 630 York St. provides a unique opportunity for Owners to market vacancies as Vallejo has a population of about 125,000 making it one of the most populous cities in the North Bay. Additionally, Vallejo drives heavy foot traffic from Six Flags Discovery Kingdom, Children's Wonderland Park, and the fact that it hosts one of the few Naval Ports on the West Coast. This rare opportunity features strong in-place income with an attractive 6.3% Cap Rate & 10.62 GRM.

630 York, Vallejo

Listing courtesy of Ethan Berger from NAI Northern California. 925-588-9740

$599,000
41136406 MLS
Introducing a prime investment opportunity in Vallejo, CA - a meticulously maintained 1,776 SF multifamily property with two spacious 2 bed/1 bath units. With a strong rental history and 100% occupancy, this property offers high in-place income, along with tenants responsible for PG&E. Featuring laundry hookups in both units, new water heaters and furnaces, and a roof in good condition, this property provides investors with minimal maintenance costs. Boasting a sought-after location just 3 minutes from the Ferry Building, this low-rise gem presents an enticing opportunity for the savvy investor seeking a turnkey income generator in a thriving market. Located in the vibrant city of Vallejo, CA, the area surrounding the property offers a wealth of attractions and amenities. Just minutes away, residents can enjoy the Vallejo Ferry Building, providing easy access to San Francisco and its numerous job opportunities and entertainment options. The Vallejo Waterfront Park is also within close reach, offering a picturesque escape with walking paths and scenic views. Nearby dining options include popular local eateries such as The Sardine Can and Front Room at the Wharf, ensuring a diverse culinary scene for residents to explore. With its convenient proximity to these attractions and more, this location presents an enticing opportunity for multifamily investors seeking a dynamic and attractive rental market.

308 Florida St., Vallejo

Listing courtesy of Ethan Berger from NAI Northern California. 925-588-9740

$749,000
41129724 MLS
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.

926 Georgia St, Vallejo

Listing courtesy of David Howarth from The Pinza Group, Inc. 510-822-1331

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