1020 Georgia Street, Vallejo, CA 94590, Vallejo, 94590 - 0 bed, 0 bath
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Vallejo, CA 94590
This Residential Income Quadruplex serves as a well-maintained multi-unit asset listed at $940,000, currently priced above the $826,171 Fair Market Value estimation. The property maintains a Fair Condition Rating and features a strategic mix of two-bedroom and one-bedroom units, complemented by a private patio. Its location near Lincoln Elementary School and major transportation hubs ensures high tenant retention and strong rental demand. This turnkey asset is an excellent match for Buy-and-Hold Investors or Owner-Occupants seeking to generate passive income while residing in a historic Vallejo neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020 Georgia Street Subject | $899,000* List Price | 0 | 0 | 2,324 | $343 | - |
A 904 Maine Street Active | $750,000 List Price | 6 | 4 | 2,532 | $296 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1905, this fourplex is described as well-maintained and shows some exterior updates including vinyl windows and stucco siding. While functional and generating income, the property's extreme age and the lack of evidence regarding recent comprehensive interior renovations to the kitchens and bathrooms place it in the 'Fair' category, representing an aged asset maintained through regular upkeep.
This well-maintained fourplex features a versatile mix of two-bedroom and one-bedroom units, offering strong cash flow and the opportunity for owner-occupancy with passive income.
The property is ideally situated near major freeways and public transportation, ensuring high tenant demand and convenient access for commuters.
Described as well-maintained, this residential income asset allows investors to bypass immediate heavy renovation costs often associated with older multi-family properties.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2324, other record living area = 2739.
Originally constructed in 1905, the property may require specialized ongoing maintenance and potential upgrades to aging infrastructure or mechanical systems.
The surrounding public schools have low performance ratings, which could limit the property's appeal to families and impact long-term appreciation potential.
Exceptional investment opportunity in the Vallejo neighborhood. This well-maintained fourplex features two 2-bedroom 1-bath units and two 1-bedroom 1-bath units. Strong cash flow, Ideal for both seasoned investors and owner-occupants looking to live in one unit while generating passive income. Conveniently located near transportation, schools, freeways.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 20% |
| Baths | 0.0 | 1.0 | 40% |
| Square foot | 2,324 | 1,566 | 80% |
| Lot Size | 6,499 | 4,809 | 60% |
| Price | $899.0K | $599.0K | 80% |
| Price per sq ft | $387 | $387 | 50% |
| Built year | 1905 | 1895 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 215 | 20% |
Jun 12, 2026
$899,000
$940,000
-4% Price Drop
Initial Listing
Apr 11, 2026
$940,000
Initial Listing