940 York St Vallejo, CA 94590
Downtown Vallejo NeighborhoodEstimated payment $6,211/month
About This Home
Excellent Investment Opportunity in Vallejo! This 3,473 sq. ft. American Foursquare Post-Victorian triplex delivers a strong 7%+ cap rate with reliable cash-on-cash returns. Fully renovated in 2020, the building was stripped to the studs and updated with a new roof, plumbing, electrical, and heatingminimizing maintenance while maximizing rental appeal. Each unit features a modern kitchen, upgraded bathroom, and access to an on-site laundry room, ensuring steady occupancy and tenant satisfaction. The property blends historic character with income stability, offering sweeping valley and mountain views in a quiet, safe neighborhood. With two on-site spaces and abundant street parking, tenants enjoy convenience without the need for a garage. Heating includes both gas and radiant systems for year-round efficiency. Strategically located within the Vallejo City Unified School District and close to shopping, public transportation, and freeway access, the triplex is just one hour from San Francisco by car or ferryhighly attractive to renters seeking Bay Area affordability. With modern upgrades already in place, this turnkey property generates immediate income with minimal overhead. Ideal for investors seeking a strong-performing asset with historic charm and proven returns.
Property Details
Home Type
- Multi-Family
Year Built
- 1915
Lot Details
- 3,899 Sq Ft Lot
Property Views
- Mountain
- Valley
Home Design
- Triplex
- Victorian Architecture
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,473 Sq Ft Home
- 2-Story Property
Parking
- 2 Parking Spaces
- No Garage
- Off-Street Parking
- Off-Site Parking
Utilities
- Wall Furnace
- Heating System Uses Gas
- Radiant Heating System
Listing and Financial Details
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $1,100
- Insurance Expense $3,500
- Maintenance Expense $2,400
- Manager Expense $5,500
- Trash Expense $1,200
- Operating Expense $25,250
- Gross Income $101,460
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 |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | Price Changed | $998,000 | -5.0% | $287 / Sq Ft | |
| 09/27/2025 09/27/25 | For Sale | $1,050,000 | +169.2% | $302 / Sq Ft | |
| 07/12/2019 07/12/19 | Sold | $390,000 | 0.0% | $130 / Sq Ft | View Prior Sale |
| 07/02/2019 07/02/19 | Pending | -- | -- | -- | |
| 04/29/2019 04/29/19 | For Sale | $390,000 | -- | $130 / Sq Ft |
Source: MLSListings
MLS Number: ML82023124
APN: 0056-212-120
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