
Vallejo, CA 94590
This Triplex Multi-Unit Asset represents a Strong Value Opportunity, listed at $849,000—positioned well below the $805,327 Fair Market Value by -5%. While the property carries a Fair Condition Rating due to its 1905 vintage, the unique configuration of a duplex and a separate single-family home offers significant rental income potential. With rare amenities like a two-car garage and RV parking, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile family compound in a prime, walkable waterfront location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 734 Florida Street Subject | $849,000* List Price | 0 | 0 | 2,636 | $306 | - |
A 915 Napa Street Sold | $599,000 | 4 | 0 | 2,052 | $292 | 0.2 mi |
B 734 Florida St Active | $850,000 List Price | 0 | 0 | 2,636 | $322 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1905, the property has received basic cosmetic refreshes including laminate flooring and interior paint, likely within the 15-20 year range. However, the bathroom fixtures, older doors, and exterior siding remain dated. While functional and move-in ready for tenants, the age of the structure and lack of modern system upgrades (HVAC/Electric) place it in the Fair category.
The property features a unique configuration with a duplex and a separate single-family home on one lot, offering flexible options for rental income, multi-generational living, or a family compound.
Situated in the heart of Vallejo, the property is within walking distance to the Ferry building, transit stops, and the lively waterfront, making it highly attractive for Bay Area commuters.
Rare for the area, the lot includes a two-car garage with alley access and a long driveway suitable for RV parking, providing significant utility for tenants or owners.
Originally built in 1905, the property may require significant ongoing maintenance or capital improvements to address aging infrastructure common in century-old buildings.
The assigned elementary and high schools carry low performance ratings, which may deter families and potentially impact the long-term appreciation of the asset.
Great opportunity to own a unique multi-unit property in the heart of Vallejo! Two properties on one lot: upstairs/downstairs duplex in front and 3 bed, 2 bath single family home in back . Multiple options.. keep as a rental property, live in one unit and rent the others, or move everyone in and create your very own family compound! Plenty of parking with a two car garage that backs up to the alley and a long driveway in the front possible RV parking. Walking distance to Ferry building, SolTrans bus stop, shops/restaurants/cafes, year-round farmers market and Vallejo's lively waterfront area.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 1.2 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 7.0 |
| Square foot | 2,636 | 2,224.5 |
| Lot Size | 6,338 | 7,187 |
| Price | $849.0K | $602.5K |
| Price per sq ft | $322 | $334 |
| Built year | 1905 | 1924 |
| HOA | $0 | $0 |
| Days on market | 21 | 100 |
Aug 19, 2026
$849,000
Initial Listing
Jun 22, 1998
$80,000
Public Record