531 Georgia St, Vallejo, CA — listing photo 1
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FOR SALENew Listing

531 Georgia St

Vallejo, CA 94590
6,500 Lot Sq Ft
Built 1930
$829,999

Property Overview

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

Home Details

Property type
Residential Income - Triplex
Year built
1930
Lot size
6,500 sq ft
Parking
6 spaces
Days on market
7
MLS status
Active

Community, Schools & Utilities

Community

Subdivision
OLD TOWN

Utilities

Heating
SeeRemarks
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Location & Neighborhood

531 Georgia St

Vallejo, CA 94590

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Frequently Asked Questions About 531 Georgia St

Property type: Residential Income

The current asking price is $829,999. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 531 Georgia St. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1930. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Vallejo, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Vallejo property.
The MLS currently reports the property as Active. It has been listed for 7 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Brian Baniqued
MLS ID: CCBE-213500084

Available property

$829,999

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.