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Four-Unit Quadplex with Carports
New
For Sale
$725,000

900 Santa Clara St, Vallejo, CA 94590

Residential income property with shared laundry, off-street parking, and carports.

Property Size3,248 SF
Days on Market2

Property Features for 900 Santa Clara St

General Information

Standard status Active
Size 3,248 SF
Property subtype Investment

Building Details

Building Size 3,248 SF
Year Built 1972
Units 4
Listing Agency: The Company Real Estate
Listed By: Shelley Tappin · License #01511617
Source: Elliman
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 3 at 5:18AM

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 The Company Real Estate

Investment Insights

Based on property information with market context.

Built in 1972, this quadplex contains four residential apartments, each measuring approximately 800 square feet with two bedrooms and one bathroom. A coin-operated laundry room serves the property, while off-street parking and carports provide on-site parking options.

Located at 900 Santa Clara St on a corner lot in Vallejo’s Historic District, the property is near the waterfront. The SF Bay Ferry Terminal, year-round Farmer’s Market, downtown Vallejo, and waterfront festivals are all identified as accessible destinations. Walk Score 91, Bike Score 53, and Transit Score 43 provide additional context for local mobility.

Key Highlights

  • Four residential units, each with 2 bedrooms and 1 bathroom
  • Approximately 800 square feet per unit
  • Coin‑operated laundry room on the premises

Financial Insights For Multifamily LT 5

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 $95.5k $29.40
− Vacancy −$5.3k −$1.62
EGI $90.2k $27.78
− OpEx −$27.1k −$8.33
NOI $63.2k $19.45
3,248 SF · lease $29.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$902.4K
$789.6K – $1.05M (±1% cap)
NOI $63,167 @ 7.0% cap · market cap 8.71%
Second Best
Apartment 5plus
$810.5K
$709.2K – $945.6K (±1% cap)
NOI $56,734 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,653 @ 7.0% cap · market cap 15.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Acupuncture (Bike/Boat/Book/etc) Store Locksmith Pharmacy Florist Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,672
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Residential income property with shared laundry, off-street parking, and carports.
Where is this quadplex located?
The property is located at 900 Santa Clara St Vallejo, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four residential units, each with 2 bedrooms and 1 bathroom; Approximately 800 square feet per unit; Coin‑operated laundry room on the premises
More about this property
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