www.121Lincoln.com; 11-unit apartment complex offering excellent current income and solid long-term upside. The units mix offers three 2bd/2bth units, five 1bd/1bth units, and three studio units. The property was originally built in 1938, offers approximately 4,548 square feet of rental space, and sits on an oversized 24,292 square foot lot with ample room for parking and possible future development. Many of the units have been remodeled and offer updated kitchens and bathrooms, wood floors, new cabinets, new tile, new lighting, and fresh paint. The building is easy to manage, with very little maintenance, providing low annual operating expenses. Currently, the property is almost 100% occupied with stable tenants with rents approximately 25% below market providing predictable income and a profitable investment. This is a perfect opportunity for an investor to acquire a turn-key property in a rapidly improving neighborhood with excellent long-term potential.
3 rents from this property! 2 units and a big garage rented out for a total of 3 incomes! Each unit has 1 bed, 1 bath and there is plenty off street parking at front of the units! The garage is appr. 600 sq ft with a PG&E meter. It has great potential to be converted to a living area to enhance income, buyers to decide! Units are well maintained! Newer upgrades include new carpet, paint and newer water heater in unit A. Unit B has recently been remodeled. Both units have newer dual pane windows as well. Great central location to freeway and to the S.F Ferry! VIEW AND WRITE OFFER!
Rare opportunity to acquire a centrally located triplex in the heart of Vallejo with immediate income and long-term upside. 734-738 Florida St offers two well-sized 2BD/1BA units and one spacious 3BD/2BA unit (buyer to verify), creating strong rental flexibility for investors or owner-occupants. Ideal for house hacking—live in one unit and offset your mortgage with rental income or add to your portfolio for steady cash flow potential. Situated on a generous lot with off-street parking, RV parking, and an attached garage, the property may offer additional expansion or ADU possibilities (buyer to verify with city). Each unit has its own entrance and ample natural light. With cosmetic improvements, rents could be increased to market levels, making this an attractive value-add opportunity. Conveniently located near downtown Vallejo, the Vallejo Ferry Terminal with service to San Francisco, shopping, schools, major freeways, and public transportation. Strong rental demand and commuter accessibility enhance the appeal. Whether you're seeking income, appreciation, or a strategic multi-unit investment, this property delivers versatility and potential.
Presenting a distinguished mixed-use investment opportunity in one of Vallejo's established corridors. This fully occupied property offers two stable income streams, featuring a well-established insurance office in the prime street-front commercial space and a spacious, light-filled 2-bedroom, 1-bath residential unit on the upper level. The property benefits from reliable tenants, excellent street presence, and dedicated on-site parking. With immediate cash flow and long-term upside potential, this turnkey asset is ideal for investors or future owner-users. Conveniently located near downtown, transportation, retail, and waterfront amenities, this is a rare opportunity to acquire a pride-of-ownership mixed-use property in a growing Bay Area market.
Great opportunity to own a charming Four-plex, located directly on the Vallejo/Mare Island waterfront. With Napa River & Mt. Tamalpais views, this is quite the unique investment. Each of the four units has Two Large Bedrooms, one Bathroom and Laundry Hook-ups, plus great water views from every unit as well. Terrific rents make this a great investment opportunity. Central to everything; only a short walk to the SF Ferry Terminal, or jump directly onto Highway 37 to go anywhere in the Bay area easily.
Rare investment opportunity in the heart of Old City Vallejo! Great opportunity to own an income-producing property at 315 Evans Avenue, Vallejo. This property features two separate homes on one lot, offering flexible living and investment potential. The front home is approximately 1,000 sq ft with 3 bedrooms and 1 bathroom. The rear structure includes multiple living areas with a 3-bedroom, 2-bath layout on the first floor, a 3-bedroom, 1-bath layout on the second-floor front, and a studio at the rear. Separate gas and electric meters and one shared water meter. Long driveway provides parking for multiple vehicles. Conveniently located near transportation, shopping, and commuter routes. Ideal for investors seeking multi-unit income or owner-occupants looking to live in one unit while renting the others to offset expenses, potentially allowing the property to pay for itself.
Stunning Queen Ann Victorian Triplex in Vallejo! Discover a unique investment opportunity with this beautifully updated Queen Ann Victorian triplex, originally a single-family home, located in the heart of Vallejo. This property features three distinct units: a spacious 2-bedroom, 1-bath unit, and two charming studio apartments, making it perfect for investors or homeowners looking for rental income. The 2-bedroom, 1-bath unit has been recently remodeled with modern finishes, including elegant quartz countertops and updated appliances. There is also a loft area of over 200 sq. ft. that is ideal for an office or craft space. One of the studio apartments was remodeled approximately seven years ago, while the second studio awaits your creative touch, with some cabinets and appliances included (washer/dryer, stove, and dishwasher). Both studios boast impressive 10 ft. ceilings, adding to their charm. The triplex features separate gas meters for each unit, 3-car garage with separate entry doors, and additional basement space for storage & easy maintenance access. The 2 bedroom unit and 1 of the studios are currently rented for $1,800 and $1,200 respectively. Centrally located, this property offers convenient access to major highways (Hwy 37 and I-80) and nearby ferry terminal, with parks, schools, and shopping centers just moments away. Great for commute to SF, Marin, and East Bay. Within 30 minutes of the World Famous Napa Valley and Sonoma wine country!
Remodeled duplex with back unit delivered vacant with excellent cash flow potential. The proforma cap rate is 7.28% and the proforma GRM is 9.59. The property features two detached homes offering one 2bd/1bth unit and one 1bd/1bth unit. The property was originally built in 1930, offers approximately 1,274 square feet of rental space, and sits on a 6,969 square foot lot with a large back yard and ample parking space. The homes have been remodeled over time and offer updated kitchens and bathrooms, wood floors, newer paint, custom lighting and molding, double pane windows and more. The property has historically been easy to rent and is separately metered for electric and gas providing low annual operating expenses. This is a perfect opportunity for an owner-occupant who can live in one unit and have the other unit pay down their mortgage. This is a high-demand rental location in Vallejo near many restaurants, parks, schools, and shopping options. The block is very nice and surrounding by single-family homes with pride of ownership. This location has easy access to HWY 80 and HWY 780 making this a very convenient location that's easy to rent.
Outstanding Four-Unit Investment Opportunity – DSCR Loan Eligible This well-maintained, professionally managed four-unit offers a rare opportunity to acquire a true investor-ready asset with immediate and reliable income. The property qualifies for DSCR financing, making it ideal for buyers focused on strong cash flow and simplified underwriting. All units are leased at market rents with strong tenancy, delivering day-one stability. The improvements include: • A 3-bed / 1-bath single-family featuring a basement, additional storage, and washer/dryer hookups. • Two 2-bed / 1-bath units, each with full kitchens and bathrooms. • A studio apartment above the garages with a kitchenette and private bath. Each unit is well cared for and has off-street parking. Three of the residences enjoy their own private yard space. Beyond the in-place rents, the property provides additional income upside: • Two garage/storage spaces with potential for separate rental revenue. This is a durable, professionally operated income property combining stability, functionality, and future growth potential — well suited for both seasoned investors and those entering the multi-unit market.
Income Generating Triplex Near Vallejo's Waterfront Welcome to 519, 521 & 523 Branciforte, a well located three unit property offering stable in place income and long term investment potential. This triplex features two units on the upper level and one unit on the lower level, providing a practical and efficient layout for multi unit ownership. Each unit offers a 2-bedroom, 1-bath configuration, and the property currently generates $5,890 per month in rental income. Tenants benefit from a shared community washer and dryer, along with separate deeded parking spaces, supporting strong tenant retention. Located within walking distance to Vallejo's waterfront, marina, ferry building, and scenic trails, the property is ideally positioned for commuter and lifestyle driven renters. Proximity to downtown Vallejo, public transit, and key amenities further enhances rental demand. This fully occupied triplex presents an excellent opportunity for investors seeking consistent cash flow, long term appreciation, or portfolio expansion in a desirable Vallejo location.
Three new homes built in 2024 with excellent cash flow and long-term upside! The current cap rate is 6.27% and the current GRM is 12.24. Each house offers 3 bedrooms and 2 bathrooms and 1,500 square feet of rental space with attached garage parking and nice yards. Each house offers remodeled kitchens and bathrooms, new electrical, new plumbing, new roofs, upgraded flooring, paint, lighting and more. Currently, two homes are rented at top market rates and one home will be delivered vacant at the close of escrow making a perfect set-up for an owner-occupant. The property is easy to manage and separately metered for PG&E and water providing for low annual operating expenses. The exterior and interior are in excellent condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is a high demand rental location near numerous restaurants, shopping centers, and schools. Nearby is the Dead Fish restaurant, the Brewery and Distillery on Mare Island, the Ferry to San Francisco, Sausalito and Tiburon, and only 14 miles to the Napa wineries.
Located in the heart of downtown Vallejo on the high-visibility Highway 29 corridor, this well maintained commercial building offers a premier opportunity for retail or restaurant use. Originally constructed in 1926, the property combines vintage character with a spacious, functional layout.
Great investment opportunity in Vallejo. 2008 Marin Street is a triplex with tenants in place, offering immediate rental income of $4650 per month and an additional unit for more income or owner move in. Located in an established residential neighborhood close to downtown, shopping, and transportation. Ideal for investors seeking a turnkey multifamily asset with consistent cash flow. Do not miss this opportunity to add a solid triplex to your portfolio. Potential House hack opportunity to live in one unit and rent the other two. Add this one to your portfolio today!
Wonderful opportunity to own a well-maintained and updated Victorian with views in Vallejo's Historic District. This duplex features two spacious 3-bedroom, 2-bath units, with the bottom unit recently updated. The property includes a garage and a carport, offering convenient off-street parking. Ideal for an owner-occupant or as a strong addition to an investment portfolio. Located within walking distance to the ferry, downtown, and a variety of restaurants. Excellent upside potential with market-rate rents. A rare opportunity you won't want to miss!
Rare opportunity to own a duplex / multi-family income property in central Vallejo, ideal for both owner-occupants and investors. The property features two separate units, allowing flexibility to live in one unit and rent the other, or operate as a fully leased income property. Each unit offers its own living space, making it suitable for long-term rental or multi-generational living. Situated on a generous lot set back from the street, the property provides added privacy, a quieter residential setting and with views. Built in 1910, this duplex offers classic character with a solid structure and value-add potential through cosmetic updates or future improvements. Conveniently located near downtown Vallejo, Mare Island, the Vallejo Waterfront, and the Vallejo Ferry Terminal, with easy access to Highway 80 and Highway 37, making it attractive for Bay Area and Sacramento commuters. Close to shopping, dining, schools, and public transportation.
Exceptional Investment Opportunity. Offered for the first time in many years, this well-maintained fourplex reflects true pride of ownership and represents a rare addition to the market. The property features strong in-place income with rents near current market levels, allowing for immediate and stable cash flow. Offered at an approximate 6.3% capitalization rate, the asset delivers positive cash flow with 30% down, with increased returns as equity investment increases. This property is ideally suited for an investor completing a 1031 exchange, particularly those transitioning from a smaller multifamily asset into a larger, income-producing property. Each unit is separately metered for gas and electricity, minimizing owner expenses. Vallejo does not have local rent control; therefore, the property is subject to California statewide rent control, allowing for annual rent increases of up to 5% plus CPI, providing a clear path for long-term income growth. A compelling opportunity for investors seeking a stable asset with immediate income and built-in upside.
Rare investment opportunity in the heart of East Vallejo! This professionally managed 8-unit apartment complex features spacious, townhome-style residences designed for long-term appeal. Each unit has been thoughtfully updated with modern kitchens boasting quartz countertops and stainless steel appliances. The two-level layouts offer a sense of privacy and space, complete with oversized living rooms that open to private balconies with scenic views. Residents will enjoy the ultimate convenience of in-unit laundry and dedicated parking. Situated in the desirable Granada Hills neighborhood, this property offers a calm, coastal-inspired setting just moments from local shops, small diners, and San Pablo Bay. Perfectly positioned for commuters, you are only an hour from both San Francisco and Sacramento. Experience city living at its best with this unique, well-maintained income property.
This four plex has a ton of new improvements. All units have new kitchen with cabinetry & appliances. Each unit has electric range, micro hood, and refrigerator. Flooring is LVP throughout. Painted exterior, interior, interior and exterior lighting, and new windows with blinds. Laundry on site currently has coin op but is changing to card op. In laundry room area there are 4 storage closets for the units. All units are 2 bed/ 1 bath and have either private enclosed patio (Downstairs) or balcony(upstairs). All bathrooms are also improved. Each unit has updated fire extinguishes, and security screen doors. Parking lot is asphalt and there are 5 designed spots. Do not disturb tenants.
Situated in the highly coveted Vista neighborhood, Seventeen Hanns offers an exceptional blend of charm, functionality, and income-generating opportunity. Recently remodeled throughout, the home features new kitchen, new bathroom, new windows, updated electrical, refinished original hardwood flooring, new lighting, new paint, a custom-built laundry room and much much more. The home also features newly insulated cellar—an ideal space to store your wine or create additional organized storage. Outside, the low-maintenance backyard and newly built decking provide an inviting setting for outdoor dining and entertaining. A detached garage with a brand-new cement pad, along with attached covered parking add convenience. The fully finished upstairs ADU with private entry hosts two bedrooms, one bathroom, a full eat-in kitchen, and a large living room is perfect for Airbnb, Furnished Finder, or other rental options. With the hospital located just minutes away, the home is ideally positioned to attract traveling professionals year round. Live in the beautifully updated main residence while renting out the upstairs unit and enjoy the potential to offset or even cover your mortgage. An adaptable, turnkey opportunity in one of Vallejo’s most desirable neighborhoods.
Get the ideal blend of cash flow and lifestyle amenities in a pristine East Vallejo end-of-the-court location. This property features a desirable unit mix, including a large 3-bed/2-bath unit with private laundry closet option, street entrance with additional parking, a patio off the living room and swimming pool acess off the primary suite. The sparkling swimming pool, shared laundry room and storage access for tenant appeal. Each unit offers pool access or a view. With 1 convenient vacancy and 3 month to month tenancies, the income is approximately $8,900/month. This is an exceptional opportunity for an investor seeking immediate income or an owner-occupier looking to live for little to free. The location is excellent, providing easy access to Benicia, Glen Cove, and I-780, complemented by ample parking including four carports and a garage. Don't miss this perfect, well-maintained asset.
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. |

Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Vallejo is located in California. Vallejo, California has a population of 125,350. Vallejo is less family-centric than the surrounding county with 27.94% of the households containing married families with children. The county average for households married with children is 30.48%.
The median household income in Vallejo, California is $78,243. The median household income for the surrounding county is $89,648 compared to the national median of $69,021. The median age of people living in Vallejo is 39.8 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 37.5 degrees. The average rainfall is approximately 21.4 inches per year, with 0 inches of snow per year.