
Vallejo, CA 94590
This Waterfront Quadruplex is a Strong Value Opportunity, listed at $950,000—positioned well below the $1,018,106 Fair Market Value by 6%. This valuation gap provides $68,106 in Instant Equity for the incoming owner. Boasting a Move-In Ready Condition Rating, each unit features unobstructed Napa River views and updated interiors. Its prime location near the SF Ferry Terminal ensures high rental demand and commuter convenience. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12 Daniels Avenue Subject | $950,000* List Price | 8 | 4 | 3,494 | $291 | - |
A 124 Louisiana St Sold | $840,000 | 0 | 0 | 3,280 | $256 | 0.7 mi |
B 150 Florida Street Active | $899,900 List Price | 7 | 4 | 3,440 | $262 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1924 four-plex is in move-in ready condition, showing evidence of recent cosmetic updates. The interiors feature new laminate flooring, fresh paint, and updated ceiling fans. While the kitchen cabinetry and wall-mounted heating systems are older styles, they appear well-maintained and functional. The property provides a clean, updated aesthetic suitable for immediate occupancy without the need for major renovations.
Situated directly on the Vallejo/Mare Island waterfront, this property offers rare and unobstructed views of the Napa River and Mt. Tamalpais from every unit, significantly increasing tenant desirability.
The four-plex consists of uniform two-bedroom, one-bathroom units with individual laundry hook-ups, providing a highly marketable and functional layout for long-term residential tenants.
The property is ideally positioned for Bay Area commuters, located just a short walk from the San Francisco Ferry Terminal and offering immediate access to Highway 37.
Built in 1924, the property likely requires ongoing capital improvements and specialized maintenance to address aging systems and structural components typical of a hundred-year-old building.
Direct waterfront proximity may result in higher flood insurance premiums and increased exterior wear due to salt air and moisture, potentially impacting the long-term operating budget.
Great opportunity to own a charming Four-plex, located directly on the Vallejo/Mare Island waterfront. With Napa River & Mt. Tamalpais views, this is quite the unique investment. Each of the four units has Two Large Bedrooms, one Bathroom and Laundry Hook-ups, plus great water views from every unit as well. Terrific rents make this a great investment opportunity. Central to everything; only a short walk to the SF Ferry Terminal, or jump directly onto Highway 37 to go anywhere in the Bay area easily.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 88% |
| Baths | 4.0 | 1.5 | 88% |
| Square foot | 3,494 | 1,844.5 | 75% |
| Lot Size | 8,289 | 5,750 | 75% |
| Price | $950.0K | $612.0K | 88% |
| Price per sq ft | $272 | $282 | 50% |
| Built year | 1924 | 1920 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 177 | 13% |
Feb 19, 2026
$950,000
Initial Listing
Jul 31, 1995
$125,000
Public Record