Victorian-Style Fourplex with
For Sale
$720,000
630 York St, Vallejo, CA 94590
Victorian-style fourplex with one vacant unit, tenant-paid PG&E, and a mix of studio, 1-bedroom, and 2-bedroom residences.
Property Size2,276 SF
Price / SF$316.34
Days on Market95
Property Features for 630 York St
General Information
Standard status
Active
Size
2,276 SF
Property subtype
Multi Family
Occupancy
75%
Additional Details
Cap Rate
6.3%
Highway Access
Yes
Multifamily Units
4
Amenities
backyard
off-street parking
Building Details
Year Built
1900
Construction
Victorian-style
Tenancy
Multi
Listing Agency:
NAI Northern California
(510) 336-4712
Listed By:
Ethan Berger · License #01868467
(925) 588-9740
Source:
Exitrealty
Added: Jun 7
Changed: Sep 8
Last Checked: Sep 8 at 5:56AM
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 NAI Northern California
Investment Insights
Based on property information with market context.
630 York Street is a Victorian-style fourplex featuring one 2-bedroom unit, two 1-bedroom units, and one studio. One unit is currently vacant, offering flexibility for an owner-occupant or an opportunity to bring additional rental income on the next lease-up. Tenants pay for PG&E, helping keep owner expenses more controlled, and residents have access to a backyard area and off-street parking.
The property is positioned for convenient commuting, with proximity to the SF Ferry (0.4 mi), Sonoma Blvd (0.1 mi), Interstate 80 (1.5 mi), i-780 (1.2 mi), and the Carquinez Bridge (2.8 mi). Access to shopping and dining options, as well as Vallejo’s downtown amenities, is also described as convenient.
This offering is presented as having strong in-place income, with a stated 6.3% cap rate and 10.62 GRM.
The property is positioned for convenient commuting, with proximity to the SF Ferry (0.4 mi), Sonoma Blvd (0.1 mi), Interstate 80 (1.5 mi), i-780 (1.2 mi), and the Carquinez Bridge (2.8 mi). Access to shopping and dining options, as well as Vallejo’s downtown amenities, is also described as convenient.
This offering is presented as having strong in-place income, with a stated 6.3% cap rate and 10.62 GRM.
Key Highlights
- Victorian‑style fourplex built in 1900 with one 2‑bedroom unit, two 1‑bedroom units, and one studio
- One unit is currently vacant, offering options to occupy or lease at market rate
- Tenants pay for PG&E, helping keep owner utility expenses minimal
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
$44,264
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
6.15%
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%
$885,280
$885.3K
Cap Rate 7%
$632,343
$632.3K
Cap Rate 9%
$491,822
$491.8K
Market Conditions
NOI Build-Up for 2,276 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
$66.9K $29.40/SF
− Vacancy
−$3.7K −$1.62/SF
EGI
$63.2K $27.78/SF
− OpEx
−$19.0K −$8.33/SF
NOI
$44.3K $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 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%
$885,280
Cap Rate 7%
$632,343
Cap Rate 9%
$491,822
Alternative Uses
Best Use
Multifamily LT 5
$632.3K
$553.3K – $737.7K
NOI $44,264 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$567.9K
$497.0K – $662.6K
NOI $39,756 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$1.11M
$969.2K – $1.29M
NOI $77,539 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,411
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Victorian-style fourplex with one vacant unit, tenant-paid PG&E, and a mix of studio, 1-bedroom, and 2-bedroom residences.
Where is this quadplex located?
The property is located at 630 York St Vallejo, CA.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Victorian‑style fourplex built in 1900 with one 2‑bedroom unit, two 1‑bedroom units, and one studio; One unit is currently vacant, offering options to occupy or lease at market rate; Tenants pay for PG&E, helping keep owner utility expenses minimal
