531 Georgia St, Vallejo, CA 94590

Local realty services provided by:CENTURY 21 Sierra Properties
531 Georgia St,Vallejo, CA 94590
$829,999
  • - Beds
  • - Baths
  • 4,269 sq. ft.
  • Multi-family
  • Active
Listed by: brian baniqued
Office: bcre510-222-0900
MLS#:41148291
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$829,999
  • Price per sq. ft.:$194.42

About this home

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...

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Home facts

  • Year built:1930
  • Subdivision & Development:OLD TOWN
  • Listing ID #:41148291
  • Added:46 day(s) ago
  • Updated:October 31, 2026 at 07:51 PM

Rooms and interior

  • Flooring:Laminate, Tile
  • Living area:4,269 sq. ft.

Heating and cooling

  • Cooling:Heat Pump

Structure and exterior

  • Year built:1930
  • Building area:4,269 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Triplex
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$829,999
  • Price per sq. ft.:$194.42

Parking

  • Parking description:See Remarks
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at October 31, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs