601 Alabama St Vallejo, CA 94590
West Vallejo NeighborhoodEstimated payment $9,374/month
Highlights
- No HOA
- Heating Available
- 4-minute walk to Vallejo City Park
- Cooling Available
About This Home
8-unit apartment complex with excellent current income and strong rental upside. The property offers eight 1bd/1bth units and is currently 100% occupied. The property was originally built in 1961, offers approximately 3,480 square feet of rental space, and sits on a 6,400 square foot lot with ample room for off-street parking. The interior has been fully remodeled with new kitchens, new bathrooms, new flooring, lighting and more. The exterior also offers numerous upgrades including newer paint, seal coated asphalt, a new roof, new fencing, and newer exterior lighting. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The interior and exterior are in great condition with no deferred maintenance providing an attractive turn-key investment for the next owner. The property is located in an Opportunity Zone providing excellent tax benefits. This is a high-demand location near numerous restaurants, coffee shops and shopping in Downtown Vallejo. The property is only a short drive to HWY 37, the Vallejo Marina, and Mare Island making this a popular rental location.
Listing Agent
David Howarth
The Pinza Group, Inc License #01360348 Listed on: 09/04/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1961
Lot Details
- 6,500 Sq Ft Lot
Home Design
- 3,480 Sq Ft Home
Utilities
- Cooling Available
- Heating Available
Additional Features
- Basement
Community Details
- No Home Owners Association
- Bridge Aor Association
- Vallejo Highland Subdivision
Listing and Financial Details
- Tax Tract Number 94590
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $1,495,000 | +8.3% | $430 / Sq Ft | |
| 02/04/2025 02/04/25 | Off Market | $1,380,000 | -- | -- | |
| 12/25/2024 12/25/24 | Off Market | $1,600 | -- | -- | |
| 11/21/2024 11/21/24 | For Rent | $1,600 | 0.0% | -- | |
| 03/27/2023 03/27/23 | Sold | $1,380,000 | -4.8% | $396 / Sq Ft | View Prior Sale |
| 01/30/2023 01/30/23 | Pending | -- | -- | -- | |
| 12/17/2022 12/17/22 | Price Changed | $1,449,000 | 0.0% | $416 / Sq Ft | |
| 12/17/2022 12/17/22 | For Sale | $1,449,000 | -3.1% | $416 / Sq Ft | |
| 12/12/2022 12/12/22 | Pending | -- | -- | -- | |
| 09/13/2022 09/13/22 | For Sale | $1,495,000 | -- | $429 / Sq Ft |
Source: bridgeMLS
MLS Number: 41110303
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