337 Georgia St Vallejo, CA 94590-5906
Property profile & analytics
337 Georgia St Vallejo, CA 94590-5906
- Investment properties
- 14,656 SF
- 0.15 lot acres
Property ID
US09-1051408
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Solano County Arts Council / Art Gallery
- The Stonewall Democratic Club of Solano County / Nightclub / Music Venue
Property Details for 337 Georgia St
- Year built
- 1900
- Lot size
- 0.15 lot acres
- Property size
- 14,656 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 0056-192-050
- APU
- 56192050
Description
This exceptional 10-unit apartment building at 337 Georgia St, Vallejo, CA 94590, presents a compelling investment opportunity. The property boasts 14,999 square feet on a 6,500 square foot lot and features a three-story building constructed in 1900, with significant renovations completed between 2003 (seismic retrofit) and 2023 (interior unit upgrades). Eight residential units and one commercial unit have undergone complete renovations, showcasing a blend of preserved Victorian charm and modern amenities. These updates include high ceilings, stainless steel appliances, new cabinetry and countertops, vinyl plank flooring, updated bathrooms, and modern lighting fixtures. Original Victorian details such as picture rail moldings, built-in cabinets, bay windows, and exposed brick walls remain, adding unique character. The current Net Operating Income (NOI) is $163,692, with a pro-forma NOI of $194,347, resulting in a current cap rate of 6.82% and a pro-forma cap rate of 8.10%. The asking price is $2,400,000, or $240,000 per unit. The property's prime downtown Vallejo location offers high walkability (Walk Score of 89), proximity to amenities, and easy access to transportation. Additional income potential exists through leasing the vacant retail and storage spaces. The APN is 0056-192-050. This stabilized investment offers a blend of historical character and modern upgrades in a thriving downtown location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,920,000
- AI Estimate
- $2,034,000
Market price range: $871k - $3.02MMarket price range: $646k - $2.13M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,945,000 Current use
- MEDICAL BUILDING
- $2,690,000 Change: +38% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $2,100,000 Change: +8% Conversion: Moderate
- RETAIL STORES
- $2,040,000 Change: +5% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,870,000 Change: -4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.257
- Latitude
- 38.1008
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,967
$191,387
$1,452,360
$1,643,747
-
$0.00
$0.00
$0.00
