940 York St Vallejo, CA 94590
Downtown Vallejo NeighborhoodEstimated payment $5,717/month
About This Home
Excellent Investment Opportunity in Vallejo! American Foursquare Post-Victorian multi-unit 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 heating, minimizing 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. 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 ferry highly 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
- Built in 1915
Parking
- Off-Street Parking
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Heating System Uses Gas
- Radiant Heating System
- Wall Furnace
Additional Features
- 2-Story Property
- 3,899 Sq Ft Lot
Community Details
- 5 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,908 | $426,517 | $82,021 | $344,496 |
| 2024 | $6,908 | $418,155 | $80,413 | $337,742 |
| 2023 | $6,465 | $409,957 | $78,837 | $331,120 |
| 2022 | $6,284 | $401,920 | $77,292 | $324,628 |
| 2021 | $6,125 | $394,040 | $75,777 | $318,263 |
| 2020 | $6,132 | $390,000 | $75,000 | $315,000 |
| 2019 | $2,548 | $101,664 | $10,983 | $90,681 |
| 2018 | $2,340 | $99,671 | $10,768 | $88,903 |
| 2017 | $2,176 | $97,717 | $10,557 | $87,160 |
| 2016 | $1,082 | $95,801 | $10,350 | $85,451 |
| 2015 | $1,067 | $94,363 | $10,195 | $84,168 |
| 2014 | $1,052 | $92,516 | $9,996 | $82,520 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/20/2026 02/20/26 | For Sale | $998,000 | +155.9% | $267 / 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: San Francisco Association of REALTORS®
MLS Number: 326013666
APN: 0056-212-120
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Ask me questions while you tour the home.