526 Jersey Street, Vallejo, CA 94590, Vallejo, 94590 - 5 bed, 3 bath
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Vallejo, CA 94590
This Triplex Residential Income Asset is listed at $645,000, aligning with its $645,000 Fair Market Value. The property offers immediate stability with a Condition Rating of 4 and 100% occupancy, boasting an impressive average tenancy of 57 months. Featuring a detached single-family cottage and a private patio, the layout maximizes rental appeal near Vallejo’s downtown core. While the 1890 construction and lower-rated local schools suggest a focus on professional tenants, the reliable cash flow secures this as a low-vacancy 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 |
|---|---|---|---|---|---|---|
★ 526 Jersey Street Subject | $645,000* List Price | 5 | 3 | 1,728 | $373 | - |
A 723 Florida Street Sold | $625,000 | 6 | 3 | 1,566 | $399 | 0.7 mi |
B 332 Kentucky Street Sold | $569,000 | 5 | 4 | 1,470 | $387 | 0.9 mi |
C 915 Napa Street Pending | $599,000 List Price | 4 | 0 | 2,052 | $292 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1890, this triplex is aged but appears maintained for functional rental use. Exterior images show outdated aesthetics, including weathered wood siding with some warping and a patchwork DIY fence. While the property is fully occupied, suggesting functional systems, the lack of interior photos and the visible deferred maintenance on the exterior indicate the home is outdated and likely requires minor repairs and modernization to meet current market standards.
The property is fully occupied with an impressive average tenancy of over 57 months, providing immediate and reliable cash flow for an investor.
The inclusion of a detached single-family cottage alongside two additional units offers a unique layout that maximizes privacy and appeal for diverse tenant needs.
Located near Vallejo's vibrant downtown core and local parks, the property benefits from a high-demand location that supports long-term occupancy.
Built in 1890, the property's age may necessitate significant capital expenditures for repairs or modernization of aging structural and mechanical systems.
The surrounding public schools are rated poorly (2-4 range), which could limit the property's attractiveness to families and impact future appreciation potential.
* Fell out of contract at NO fault of the property.* 526 Jersey Street is a 3-unit multifamily property on a 6,534 square foot lot, comprising with one detached single family cottage home, a 2-bedroom unit, and a 1-bedroom unit in Vallejo, California, conveniently located close to parks, local attractions, and Vallejo's vibrant downtown core. The property is fully occupied, with an average tenancy duration of 57.3 months. This 3-unit income property is being offered standalone or as part of a two property portfolio called the The 526 Jersey Street Portfolio. Portfolio Prospectus available upon request.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 3.0 | 1.5 | 63% |
| Square foot | 1,728 | 1,682.5 | 50% |
| Lot Size | 6,499 | 5,749.5 | 50% |
| Price | $645.0K | $612.0K | 63% |
| Price per sq ft | $373 | $299 | 63% |
| Built year | 1890 | 1906 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 347 | 200 | 0% |
May 10, 2025
$645,000
Initial Listing
Feb 19, 2015
$7,500
Public Record
Feb 22, 2013
$114,000
Public Record
Aug 5, 2002
$182,000
Public Record
Oct 1, 1998
$54,000
Public Record