Three-Unit Multifamily
526 Jersey Street, Vallejo, CA 94590
For Sale
$645,000
Pending
A detached cottage and two additional residences provide three distinct rental units on one parcel.
Property Size1,728 SF
Lot Size0.15 Acres
Days on Market549
Property Features for 526 Jersey Street
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Listing Agency:
Jason Luros, Broker
Listed By:
Jason Luros · License #DRE #02112332
(707) 418-5118
Source:
Somorealty
Added: May 10, 2025
Changed: Nov 8
Last Checked: Nov 8 at 9:44AM
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 Jason Luros, Broker
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Investment Insights
Based on property information with market context.
This Vallejo multifamily property contains three units across 1,728 square feet: a detached single-family cottage, a two-bedroom unit, and a one-bedroom unit. The building dates to 1890, and the property occupies a 6,534-square-foot lot. All three units are occupied, with an average tenancy duration of 57.3 months.
The property is available on its own or as part of a two-property portfolio. It is situated in Vallejo, California, near parks, local attractions, and the downtown area.
The property is available on its own or as part of a two-property portfolio. It is situated in Vallejo, California, near parks, local attractions, and the downtown area.
Key Highlights
- Three units: a detached cottage, a 2‑bedroom unit, and a 1‑bedroom unit
- 1,728 square feet of property size on a 6,534‑square‑foot lot
- Fully occupied, with an average tenancy duration of 57.3 months
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,606
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,120
$672.1K
Cap Rate 7%
$480,086
$480.1K
Cap Rate 9%
$373,400
$373.4K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$50.8K $29.40/SF
− Vacancy
−$2.8K −$1.62/SF
EGI
$48.0K $27.78/SF
− OpEx
−$14.4K −$8.33/SF
NOI
$33.6K $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%
$672,120
Cap Rate 7%
$480,086
Cap Rate 9%
$373,400
Alternative Uses
Best Use
Multifamily LT 5
$480.1K
$420.1K – $560.1K
NOI $33,606 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$431.2K
$377.3K – $503.1K
NOI $30,183 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$841.0K
$735.9K – $981.2K
NOI $58,870 @ 7.0% cap · market cap 9.13%
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
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,463
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - A detached cottage and two additional residences provide three distinct rental units on one parcel.
Where is this triplex located?
The property is located at 526 Jersey Street Vallejo, CA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Three units: a detached cottage, a 2‑bedroom unit, and a 1‑bedroom unit; 1,728 square feet of property size on a 6,534‑square‑foot lot; Fully occupied, with an average tenancy duration of 57.3 months
