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Vallejo Triplex Investment Opportunity

2008 Marin St Vallejo, CA 94590

2008 Marin St, Vallejo, CA, 94590
$809,000
For Sale
Claim this Listing
$809,000

MULTI_FAMILY - Vallejo, CA

Property Size2,716 SF
Lot Size0.17 Acres
Price / SF$297.86
AddedJan 19
Days on Market177
Last RefreshJul 15 at 8:06 am

Property Features for 2008 Marin St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
7
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 7, Bathroom 5, Bedroom 8
Parking features
Off Street
Exterior features
No Yard
Appliances
Gas Water Heater
Standard status
Active
APN
0051233160
Size
2,716 SF
Lot size
0.17 Acres

Utilities

Heating system
Wall Furnace

Building Details

Year built
1966
Number of units
3
Flooring type
Carpet, Vinyl
Building materials
Stucco
Roof type
Composition

Listing agent Max Manatt License #01957416

Listing office Keller Williams Tri-Valley 3825 Hopyard Rd. Ste 106, Livermore, CA

Listing date Jan 19, 2026

MLS# 41121339 Listing URL

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 property presents an investment opportunity in Vallejo, California. Located at 2008 Marin Street, the property is a triplex with tenants in place, generating a rental income of $4650 per month. An additional unit offers potential for increased income or owner occupancy. Situated in an established residential neighborhood, the property is near downtown, shopping, and transportation. The lot size is 0.1722 acres. The property size is 2716 square feet. This multifamily asset is suitable for investors seeking consistent cash flow. The property also presents a potential house hack opportunity to live in one unit and rent the other two.

Key Highlights

  • Triplex at 2008 Marin Street in Vallejo with tenants in place
  • Immediate rental income of $4,650 per month per public remarks
  • Year built 1966 with stucco exterior and a composition roof

Local 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 $79.9k $29.40
− Vacancy −$4.4k −$1.62
EGI $75.5k $27.78
− OpEx −$22.6k −$8.33
NOI $52.8k $19.45
2,716 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$754.6K
$660.3K – $880.4K (±1% cap)
NOI $52,821 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$677.7K
$593.0K – $790.7K (±1% cap)
NOI $47,441 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,529 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sunshine House Cleaning ... Hardware & Home Improvement

Suggested Use

Real Estate Agency Kitchen & Bath Showroom Grocery & Convenience Store Gym & Fitness Center Cafe & Coffee Shop Carpet & Flooring Store Big Box & Wholesale Store Electrical Service Parking Lot & Garage Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex in Vallejo with immediate rental income and additional unit.
Where is this triplex located?
The property is located at 2008 Marin St Vallejo, CA.
What is the asking price?
The asking price for this property is $809,000.
What are key features of this property?
This property features: Triplex at 2008 Marin Street in Vallejo with tenants in place; Immediate rental income of $4,650 per month per public remarks; Year built 1966 with stucco exterior and a composition roof
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