2008 Marin St, Vallejo, CA 94590, Vallejo, 94590 - 0 bed, 0 bath
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Vallejo, CA 94590
This Turnkey Multifamily Triplex is listed at $809,000, serving as a high-utility income asset compared to its $747,616 Fair Market Value. The property generates a robust $4,650 monthly rental income from existing tenants and maintains a Fair Condition Rating, offering functional living spaces and a private patio. Located in the established Vallejo Heights neighborhood near downtown and ferry transport, the building provides long-term stability and "house hacking" potential. This acquisition is ideal for Buy-and-Hold Investors or Owner-Occupants looking to subsidize their mortgage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2008 Marin St Subject | $809,000* List Price | 0 | 0 | 2,716 | $275 | - |
A 124 Louisiana St Sold | $840,000 | 0 | 0 | 3,280 | $256 | 0.7 mi |
B 734 Florida St Active | $850,000 List Price | 0 | 0 | 2,636 | $322 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, this triplex is well-maintained and functional for rental purposes, but features dated aesthetics in the kitchens and bathrooms. While move-in ready for tenants, the property shows signs of its age with older cabinetry, standard appliances, and aging infrastructure typical of a mid-century multi-unit building. It meets the 'fair' criteria as it is aged but maintained through regular upkeep without recent major renovations.
The property generates a robust rental income of $4,650 per month with tenants already in place, offering a turnkey solution for investors seeking immediate returns.
The triplex configuration provides an excellent 'house hacking' opportunity, allowing an owner-occupant to live in one unit while the other two units subsidize the mortgage.
Situated in the established Vallejo Heights neighborhood near downtown and transportation hubs, the property is well-positioned to maintain high occupancy rates and attract long-term tenants.
Built in 1966, the property may require more frequent maintenance or future capital expenditures for aging mechanical, plumbing, or electrical systems compared to modern builds.
With existing tenants in place, a new owner may face limitations in immediately raising rents to full market value or performing significant interior renovations without navigating lease agreements.
Great investment opportunity in Vallejo. 2008 Marin Street is a triplex with tenants in place, offering immediate rental income of $4650 per month and an additional unit for more income or owner move in. Located in an established residential neighborhood close to downtown, shopping, and transportation. Ideal for investors seeking a turnkey multifamily asset with consistent cash flow. Do not miss this opportunity to add a solid triplex to your portfolio. Potential House hack opportunity to live in one unit and rent the other two. Add this one to your portfolio today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 38% |
| Baths | 0.0 | 0.5 | 50% |
| Square foot | 2,716 | 1,844.5 | 63% |
| Lot Size | 7,500 | 5,750 | 75% |
| Price | $809.0K | $612.0K | 75% |
| Price per sq ft | $298 | $295 | 50% |
| Built year | 1966 | 1920 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 177 | 13% |
Jan 19, 2026
$809,000
Initial Listing
Jun 14, 2016
$407,000
Public Record