1158 Louisiana St, Vallejo, CA 94590, Vallejo, 94590 - 0 bed, 0 bath
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Vallejo, CA 94590
This High-Yield Multi-Family Asset is listed at $999,000, offering a stable income-producing opportunity valued near its $951,146 Fair Market Value. Boasting a Condition Rating of 3, this 1904 structure features critical infrastructure upgrades including a new sewer line and copper plumbing. Investors can secure a projected 10% Cap Rate with additional upside through the legalization of a 500 sqft ADU, potentially adding $2,000 in monthly revenue. Located near Vallejo High School, the property maintains strong rental appeal despite modest school ratings. This is a premier acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1158 Louisiana St Subject | $999,000* List Price | 0 | 0 | 2,903 | $328 | - |
A 124 Louisiana St Sold | $840,000 | 0 | 0 | 3,280 | $256 | 0.9 mi |
B 734 Florida St Active | $850,000 List Price | 0 | 0 | 2,636 | $322 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being a historic 1904 structure, the property is well-maintained with significant recent capital improvements including a new sewer line and copper plumbing. Interior units are currently being updated with new flooring and fresh paint, making them move-in ready. The combination of major system upgrades and cosmetic refreshes compensates for the age of the building, meeting the criteria for a functional and well-maintained investment property.
With a cap rate approaching 10% and strong rental income, this quadruplex represents a high-performing asset for investors seeking immediate cash flow.
The property features a new sewer line and copper plumbing in the front building, addressing major capital expenditure items and reducing immediate maintenance risks.
The seller's efforts to legalize a non-conforming unit as an ADU provides a significant opportunity to increase the property's legal value and secure an additional $2,000 in monthly revenue.
Originally built in 1904, the property's age may necessitate more frequent upkeep and specialized repairs compared to modern multi-family developments.
The assigned elementary and high schools carry low ratings (2/10), which could limit the appeal to families and impact long-term appreciation potential.
Great rent income. Almost 10% cap rate. Good for investment. Seller working with City to legalize the unconfirming unit ( 1166, around 500 sqft , 2 bed/ 1bath rent at $2000 added to total rent income) as ADU. New sewer line done last year. Water pipe of the whole front building just replaced with copper pipe, new floor and new paint working on some units.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 2.0 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 | 2,903 | 1,566 | 80% |
| Lot Size | 6,500 | 4,809 | 60% |
| Price | $999.0K | $599.0K | 80% |
| Price per sq ft | $344 | $344 | 50% |
| Built year | 1904 | 1895 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 217 | 217 | 60% |
Apr 27, 2026
$999,000
$1,099,000
-9% Price Drop
Initial Listing
Nov 9, 2025
$1,099,000
Initial Listing
Aug 11, 2017
$665,000
Public Record
Dec 17, 2014
$170,000
Public Record