Victorian
New
For Sale
$925,000
329 El Dorado Street, Vallejo, CA 94590
Residential Income, Vallejo, CA
Property Size4,805 SF
Lot Size0.10 Acres
Price / SF$192.51
Days on Market2
Property Features for 329 El Dorado Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
10
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 1, Bathroom 3, Bathroom 6, Bedroom 6, Bedroom 7, Bedroom 10, Bedroom 9, Bathroom 5, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 8, Bedroom 5, Bedroom 3
Parking
5
Parking features
Garage
Interior features
Formal Entry
Lot features
Shape Regular
View
Water
Directions
Turn left onto Solano Ave / Turn right onto Maine St / Turn left onto El Dorado St / Destination will be on the right
Subdivision
Vallejo 4
Standard status
Active
APN
0056234200
Size
4,805 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1910
Floors in Building
3
Number of units
3
Architectural style
Bungalow, Victorian
Listing Agency:
Twin Oaks Real Estate INC
(707) 746-8700
Listed By:
Krystle Karimian · License #01715705
(707) 342-2290
Added: Sep 30
Last Checked: Oct 1 at 4:06AM
MLS# 326078978
Copyright © 2026 Bay Area Real Estate Information Services, Inc. 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 4,805-square-foot triplex on a 0.0995-acre lot contains three residences: a two-story Victorian main home, a four-bedroom lower flat, and a three-bedroom cottage. The main residence has four bedrooms and two bathrooms, while the lower flat also has four bedrooms and two bathrooms. The cottage includes three bedrooms and two bathrooms. The property was built in 1910, and the main home has water views. The lower flat features updated kitchens and bathrooms, newer flooring, and an indoor laundry room with full-size hookups.
Two units are currently rented. Each residence is individually metered for water, gas, and electricity, and has a separate laundry room. The property has a 6% cap rate and an 11.33 gross rent multiplier. Public water and sewer serve the site, and parking includes a garage.
Two units are currently rented. Each residence is individually metered for water, gas, and electricity, and has a separate laundry room. The property has a 6% cap rate and an 11.33 gross rent multiplier. Public water and sewer serve the site, and parking includes a garage.
Key Highlights
- Three residences with a combined 11 bedrooms and 6 bathrooms
- 4,805 square feet on a 0.0995‑acre lot
- Built in 1910; Victorian architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$83,930
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,678,600
$1.7M
Cap Rate 7%
$1,199,000
$1.2M
Cap Rate 9%
$932,556
$932.6K
Market Conditions
NOI Build-Up for 4,805 SF
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.
Gross rent
$160.3K $33.36/SF
− Vacancy
−$7.7K −$1.60/SF
EGI
$152.6K $31.76/SF
− OpEx
−$68.7K −$14.29/SF
NOI
$83.9K $17.47/SF
Area
Vallejo, CA
Vacancy
4.80%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,678,600
Cap Rate 7%
$1,199,000
Cap Rate 9%
$932,556
Alternative Uses
Best Use
Multifamily LT 5
$1.33M
$1.17M – $1.56M
NOI $93,448 @ 7.0% cap · market cap 10.10%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,930 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,697 @ 7.0% cap · market cap 17.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,563
Businesses Nearby
Explore this area
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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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residences offer 11 bedrooms, six bathrooms, individual utility meters, and separate laundry rooms.
Where is this triplex located?
The property is located at 329 El Dorado Street Vallejo, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Three residences with a combined 11 bedrooms and 6 bathrooms; 4,805 square feet on a 0.0995‑acre lot; Built in 1910; Victorian architectural style
