940 York St - Apartments FOR SALE


$998,000 USD
650-520-7483
940 York St, Vallejo, CA for Sale
$998,000 USD
Apartments - FOR SALE
1/36
null | 7.36% Cap Rate


OVERVIEW

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 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, 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 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.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$287 USD /SF

# OF UNITS

3

PRICE/UNIT

$332,667

CAP RATE

7.36%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

-

APN/PARCEL ID

0056-212-120

ASK ABOUT THIS PROPERTY

Joel DiazeXp Realty of California, Inc.More Info
650-520-7483

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Joel DiazeXp Realty of California, Inc.More Info
650-520-7483

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.