Historic 6-Unit Multifamily
For Sale
$1,450,000
914 Sacramento St, Vallejo, CA 94590
Two-building, extensively remodeled six-unit property offers gated courtyard and enclosed off-street garages.
Property Size5,270 SF
Days on Market106
Property Features for 914 Sacramento St
General Information
Standard status
Active
Size
5,270 SF
Total Parking Spaces
2
Property subtype
Investment
Additional Details
Multifamily Units
6
Building Details
Building Size
5,270 SF
Year Renovated
2024
Units
6
Tenancy
Multi
Listed By:
Chona Ramos · License #01792859
(707) 853-3144
Source:
Elliman
Added: Jul 3
Changed: Oct 13
Last Checked: Oct 16 at 10:20AM
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 Chona Ramos
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Investment Insights
Based on property information with market context.
This historic six-unit multifamily property is arranged across two separate buildings and totals five residential units plus one additional studio configuration, with 9 bedrooms and 7 full bathrooms. The main building was fully remodeled in 2024 with permits while preserving its historic character, and includes four units: a spacious main unit with 4 bedrooms and 2 bathrooms, plus Unit A (1 bedroom/1 bathroom), Unit B (studio), and Unit C (2 bedrooms/1 bathroom). The rear building contains two fully remodeled units, with Unit D (2 bedrooms/1 bathroom) on the upper level and Unit E (studio) on the lower level.
The property includes two enclosed private garages for off-street parking and storage, with one garage designated for the main unit and the other for Unit D. A gated, private courtyard provides a communal outdoor space. Located in the Saint Vincent’s Hill Historic neighborhood, the property is centrally positioned near the Vallejo Ferry Terminal, Farmer’s Market, shopping, parks, schools, restaurants, and major freeways.
With all six units extensively updated and currently income-producing, the building is well suited for investors seeking a turn-key rental setup, or an owner-occupant interested in a premium larger unit alongside fully remodeled supplemental units.
The property includes two enclosed private garages for off-street parking and storage, with one garage designated for the main unit and the other for Unit D. A gated, private courtyard provides a communal outdoor space. Located in the Saint Vincent’s Hill Historic neighborhood, the property is centrally positioned near the Vallejo Ferry Terminal, Farmer’s Market, shopping, parks, schools, restaurants, and major freeways.
With all six units extensively updated and currently income-producing, the building is well suited for investors seeking a turn-key rental setup, or an owner-occupant interested in a premium larger unit alongside fully remodeled supplemental units.
Key Highlights
- Six‑unit, two‑building investment property in Vallejo with 9 bedrooms and 7 full bathrooms
- Main building fully remodeled in 2024 with permits, featuring 4 units including a 4BD/2BA main unit with soaring ceilings
- Additional unit mix in main building: Unit A (1BD/1BA), Unit B (studio), and Unit C (2BD/1BA)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,053
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,841,060
$1.8M
Cap Rate 7%
$1,315,043
$1.3M
Cap Rate 9%
$1,022,811
$1.0M
Market Conditions
NOI Build-Up for 5,270 SF
Gross rent
$175.8K $33.36/SF
− Vacancy
−$8.4K −$1.60/SF
EGI
$167.4K $31.76/SF
− OpEx
−$75.3K −$14.29/SF
NOI
$92.1K $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 Rate 5%
$1,841,060
Cap Rate 7%
$1,315,043
Cap Rate 9%
$1,022,811
Alternative Uses
Best Use
Apartment 5plus
$1.32M
$1.15M – $1.53M
NOI $92,053 @ 7.0% cap · market cap 6.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,538 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,672
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-building, extensively remodeled six-unit property offers gated courtyard and enclosed off-street garages.
Where is this apartment building located?
The property is located at 914 Sacramento St Vallejo, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Six‑unit, two‑building investment property in Vallejo with 9 bedrooms and 7 full bathrooms; Main building fully remodeled in 2024 with permits, featuring 4 units including a 4BD/2BA main unit with soaring ceilings; Additional unit mix in main building: Unit A (1BD/1BA), Unit B (studio), and Unit C (2BD/1BA)
