Vallejo Multifamily Investment
144 Hilborn St, Vallejo, CA 94590
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14-unit apartment building in Vallejo Heights neighborhood.
Type:Multifamily
Property size:
8,760 SFPrice / SF:
$273/SF- Added:
- Mar 18, 2026
- Days on Market:
- 75
- Last Refresh:
- Mar 20 at 12:18 am
Property Features for 144 Hilborn St
General Information
- Standard status
- Active
- Size
- 8,760 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1967
Listing agent Marc Guillon License #CA 01839798
Listing office North Valley Real Estate Advisors (415) 987-7544
Listing date Mar 18, 2026
Source Crexi
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 North Valley Real Estate Advisors
HighLights
- Located in the desirable Vallejo Heights neighborhood.
- Close proximity to major employment centers and transportation corridors.
- West‑facing views of the Napa River.
- Well‑maintained 14‑unit apartment building.
- Efficient unit mix of all 1‑bedroom, 1‑bathroom apartments.
- Potential for future rental growth due to Vallejo's relative affordability in the Bay Area.
Overview
Located at 144 Hilborn Street in Vallejo, California, this property features fourteen one-bedroom, one-bathroom apartment units. The building is in the Vallejo Heights neighborhood. The unit mix is comprised entirely of 1x1 units. The property is positioned near major employment centers, transportation corridors, and the Vallejo waterfront. It also offers elevated West-facing views of the Napa River. This 8,760 square foot multifamily asset is located in a supply-constrained Bay Area rental market. The property is positioned to attract steady tenant demand from renters seeking access to regional employment centers while maintaining more attainable housing costs. The property offers potential for future rental growth in one of the Bay Area’s accessible rental markets.
Local Financial Insights For Apartment 5plus
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 | $292.2k | $33.36 |
| − Vacancy | −$14.0k | −$1.60 |
| EGI | $278.2k | $31.76 |
| − OpEx | −$125.2k | −$14.29 |
| NOI | $153.0k | $17.47 |
8,760 SF · lease $33.36/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.19M
$1.91M – $2.55M
NOI $153,014 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.26M
$3.73M – $4.97M
NOI $298,436 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.266501
- Latitude
- 38.11529
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 14-unit apartment building in Vallejo Heights neighborhood.
Where is this apartment building located?
The property is located at 144 Hilborn St Vallejo, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Located in the desirable Vallejo Heights neighborhood.; Close proximity to major employment centers and transportation corridors.; **West‑facing views of the Napa River.**
