Vallejo Multifamily Investment
1158 Louisiana St Vallejo, CA 94590
For Sale
$999,000
MULTI_FAMILY - Vallejo, CA
Property Size2,903 SF
Lot Size0.15 Acres
Price / SF$344.13
Days on Market262
Property Features for 1158 Louisiana St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
7
Rooms
Bathroom 1, Bedroom 10, Bedroom 1, Bedroom 4, Bathroom 5, Bathroom 6, Bedroom 8, Bedroom 6, Bedroom 7, Bathroom 4, Bedroom 3, Bathroom 2, Bathroom 7, Bedroom 2, Bedroom 5, Bedroom 9, Bathroom 3
Parking features
Assigned
Exterior features
Back Yard, Front Yard
Fencing
Fenced
Appliances
Gas Water Heater
Standard status
Active
APN
0056092100
Size
2,903 SF
Lot size
0.15 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1904
Number of units
4
Flooring type
Vinyl, Laminate, Carpet
Roof type
Shingle
Listing Agency:
United Brokers Real Estate
(866) 369-8273
Listed By:
An Chi Ly · License #01374021
(510) 517-3015
Added: Nov 9, 2025
Changed: Jul 28
Last Checked: Jul 29 at 11:06PM
MLS# 41117078
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property in Vallejo, California, presents a significant investment opportunity with great rent income and an almost 10% cap rate. The property includes multiple units, with the seller currently working with the city to legalize an unconfirmed unit (approximately 500 square feet with 2 bedrooms and 1 bathroom), which is currently rented for $2000, adding to the total rent income. Recent improvements include a new sewer line installed last year, and the water pipe for the front building has been replaced with copper piping. Additional upgrades include new flooring and fresh paint in some of the units. The property size is 2903 square feet, situated on a lot of approximately 0.1492 acres.
Key Highlights
- Seller reports strong rent income and “almost 10%” cap rate for the property.
- Unconfirming unit at 1166 (about 500 sqft, 2 bed/1 bath) is being legalized as an ADU; seller notes $2,000/month rent added to total.
- New sewer line completed last year; water pipe for the whole front building replaced with copper.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.3k | $29.40 |
| − Vacancy | −$4.7k | −$1.62 |
| EGI | $80.7k | $27.78 |
| − OpEx | −$24.2k | −$8.33 |
| NOI | $56.5k | $19.45 |
2,903 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$806.5K
$705.7K – $941.0K
NOI $56,458 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$724.4K
$633.9K – $845.1K
NOI $50,708 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,899 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Multifamily property in Vallejo with high rental income potential.
Where is this quadplex located?
The property is located at 1158 Louisiana St Vallejo, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Seller reports strong rent income and “almost 10%” cap rate for the property.; Unconfirming unit at 1166 (about 500 sqft, 2 bed/1 bath) is being legalized as an ADU; seller notes $2,000/month rent added to total.; New sewer line completed last year; water pipe for the whole front building replaced with copper.
