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About the Listing CCBE-CCWBBQD - CCBE-213500084
Excellent multi-family / residential income investment opportunity in the heart of downtown Vallejo! This 4,269 SF 3-unit mixed-use building at 531-537 Georgia St features 3 fully leased income-generating units at 100% occupancy, offering immediate, stable cash flow with upside potential. Built in 1930 and renovated in 2023, the property has been meticulously maintained with a newer roof (~5 years old), upgraded electrical capacity with PG&E (including new exterior panels), new gutters, and fresh exterior paint. Unit 537 features additional high-value upgrades including new split HVAC, new flooring, and a new electrical subpanel. Zoned DMX (Downtown Mixed Use), the property offers high-density residential and commercial flexibility on a 6,500 SF lot complete with off-street rear parking plus ample street parking. Prime location just half a block from Old Town Vallejo, moments from the Farmers Market, Empress Theatre, and Georgia Street corridor. Current Cap Rate 6.72%, Pro Forma 6.88%. Buyer to verify all measurements, income, expenses, and zoning uses
Listing Highlights for 531 Georgia St
Interior Details
- Appliances:
- Air Cond:
- Heating: See Remarks
- Fireplaces:
- Floor: Laminate,Tile
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof: Shingle
- Others: Stucco,2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 0056196050
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
531 Georgia St Vallejo, CA 94590
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