Four-Unit Multifamily
For Sale
$959,000
1158 Louisiana St, Vallejo, CA 94590
Recent sewer and copper water-line work accompanies ongoing interior updates.
Property Size2,903 SF
Price / SF$330.35
Days on Market359
Property Features for 1158 Louisiana St
General Information
Standard status
Active
Size
2,903 SF
Property subtype
Quadruplex
Additional Details
Utilities to Site
Yes
Tenant in Place
Yes
Building Details
Year Built
1904
Listing Agency:
JPN Realty
Listed By:
Javier Padilla
Source:
Jpnrealty
Added: Nov 9, 2025
Changed: Nov 1
Last Checked: Nov 1 at 1:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JPN Realty
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Investment Insights
Based on property information with market context.
This four-unit multifamily property contains 2,903 square feet and dates to 1904. Improvements include a recently replaced sewer line and copper piping installed in the front building. New flooring and paint have been completed, with work continuing in some units.
An additional unit at 1166 is described as approximately 500 square feet with two bedrooms and one bathroom. The owner is working with the city to legalize it as an ADU; its status remains unconfirmed. The property is reported to have a cap rate close to 10%.
An additional unit at 1166 is described as approximately 500 square feet with two bedrooms and one bathroom. The owner is working with the city to legalize it as an ADU; its status remains unconfirmed. The property is reported to have a cap rate close to 10%.
Key Highlights
- 2,903‑square‑foot multifamily property built in 1904
- Owner working with the city to legalize the unconfirmed unit at 1166 as an ADU
- Additional unit at 1166 is approximately 500 sqft, with 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,458
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,160
$1.1M
Cap Rate 7%
$806,543
$806.5K
Cap Rate 9%
$627,311
$627.3K
Market Conditions
NOI Build-Up for 2,903 SF
Gross rent
$85.3K $29.40/SF
− Vacancy
−$4.7K −$1.62/SF
EGI
$80.7K $27.78/SF
− OpEx
−$24.2K −$8.33/SF
NOI
$56.5K $19.45/SF
Area
Vallejo, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,160
Cap Rate 7%
$806,543
Cap Rate 9%
$627,311
Alternative Uses
Best Use
Multifamily LT 5
$806.5K
$705.7K – $941.0K
NOI $56,458 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$724.4K
$633.9K – $845.1K
NOI $50,708 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,899 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,788
Businesses Nearby
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Business Placement
Demographics for 94590, CA
39,981
Population
16,500
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
6.6 sq mi
ZIP Area
6,058
Density / Sq Mi
$66,957
Median Household Income
$43,383
Median Earnings
$1,768
Median Rent
$510,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Recent sewer and copper water-line work accompanies ongoing interior updates.
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 $959,000.
What are key features of this property?
This property features: 2,903‑square‑foot multifamily property built in 1904; Owner working with the city to legalize the unconfirmed unit at 1166 as an ADU; Additional unit at 1166 is approximately 500 sqft, with 2 bedrooms and 1 bathroom
