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531 Georgia St, Vallejo, CA 94590

$829,999 Approx. USD 0 beds, 0 baths

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Brian Baniqued | brian@bcre.co
Lic#: 01104388
Broker: Courtesy of BCRE
Phone: 510-851-2748

Agent Remarks

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 6.88%. Buyer to verify all measurements, income, expenses, and zoning uses

Listing Details

Property type: Triplex (Multi-Family)

Status: Active

MLS# 41148291

Price: $829,999

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1930

0.15 acres

Lot size: 0.1492

Subdivision: OLD TOWN

County: Solano

Construction: Stucco

Heating description: See Remarks

Last Updated: 10/29/2026

Days On Market (DOM): 57

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Lat/Long: 38.100887, -122.253877.
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Source: CRM. Also Available in 41147475,

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