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Introducing a prime investment opportunity in Vallejo, CA - a meticulously maintained 1,776 SF multifamily property with two spacious 2 bed/1 bath units. With a strong rental history and 100% occupancy, this property offers high in-place income, along with tenants responsible for PG&E. Featuring laundry hookups in both units, new water heaters and furnaces, and a roof in good condition, this property provides investors with minimal maintenance costs. Boasting a sought-after location just 3 minutes from the Ferry Building, this low-rise gem presents an enticing opportunity for the savvy investor seeking a turnkey income generator in a thriving market. Located in the vibrant city of Vallejo, CA, the area surrounding the property offers a wealth of attractions and amenities. Just minutes away, residents can enjoy the Vallejo Ferry Building, providing easy access to San Francisco and its numerous job opportunities and entertainment options. The Vallejo Waterfront Park is also within close reach, offering a picturesque escape with walking paths and scenic views. Nearby dining options include popular local eateries such as The Sardine Can and Front Room at the Wharf, ensuring a diverse culinary scene for residents to explore. With its convenient proximity to these attractions and more, this location presents an enticing opportunity for multifamily investors seeking a dynamic and attractive rental market.
Listing agent: Ethan Berger DRE #01868467 ethan@nainorcal.com, Listing office: NAI Northern California
MLS data updated 10/20/2026, 10:22:23 AM PT
Source: CRMLS, MLS #: 41136406
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 28, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$599,000Original asking price · May 28, 2026ZIP 94590 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.