723 Florida St Vallejo, CA 94590
This Vallejo, CA triplex, located at 723 Florida St (APN 0056-136-030), offers a compelling investment opportunity. Priced at $825,000, this property boasts 3,366 square feet of net rentable space across three units, achieving 100% occupancy. The two buildings, constructed in 1895, sit on a 3,380 square foot lot and are zoned for multi-family dwellings. One building features a spacious three-bedroom, one-bathroom unit, while the other building contains a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit. The property's prime location offers easy access to the Vallejo ferry, downtown area, restaurants, and bars. This owner-user opportunity allows for comfortable living in one unit while generating rental income from the other two, making it an attractive option for those seeking a blend of homeownership and investment potential. The property's total square footage is 1,566 square feet, with a price per square foot of $526.82 and a price per unit of $275,000. This is a rare chance to acquire a well-located, income-producing property in a thriving neighborhood. The property is situated in Solano County, CA, zip code 94590.
-
April Alford Condominium Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.