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    601 Alabama St, Unit VALLEJO Vallejo, CA 94590

    For Sale
    $1,495,000

    Fully remodeled 8-unit apartment complex with strong rental upside.

    Property size:
    3,480 SF

    Property Features for 601 Alabama St

    General Information

    Standard status
    Active
    Size
    3,480 SF

    Building Details

    Year built
    1961

    Source: THE PINZA GROUP, INC Agent DAVID HOWARTH

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled 8-Unit Apartment Complex

    This 8-unit apartment complex is an investment property with current income and rental upside. Built in 1961, the property features eight 1-bedroom, 1-bathroom units and is currently fully occupied. The building provides approximately 3,480 square feet of rental space on a 6,400 square foot lot, with off-street parking available. The interior has been fully remodeled with new kitchens, bathrooms, flooring, and lighting. Exterior upgrades include newer paint, seal-coated asphalt, a new roof, new fencing, and newer exterior lighting. The property is easy to manage and is separately metered for PGE, contributing to low annual operating expenses. Both the interior and exterior are in great condition with no deferred maintenance. The property is near restaurants, coffee shops, and shopping in Downtown Vallejo. It is also a short drive to HWY 37, the Vallejo Marina, and Mare Island.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Vallejo
    County
    Solano
    State
    California
    Longitude
    -122.2543607
    Latitude
    38.1087239

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    FAQs

    What type of property is this?
    Apartment building - Fully remodeled 8-unit apartment complex with strong rental upside.
    Where is this apartment building located?
    The property is located at 601 Alabama St, Unit VALLEJO Vallejo, CA.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - Excellent current income with strong rental upside.; - 100% occupied, providing immediate cash flow.; - Fully remodeled interiors with **new kitchens, bathrooms, flooring, and lighting.**
    (510) 725-4775
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Alabama St, Unit VALLEJO Vallejo, CA 94590
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