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628 Kentucky St

Vallejo, CA 94590
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Bed 8

Bed

Bath 4

Bath

SqFt6,500

Sqft(Lot)

4-unit apartment complex spread across two buildings with great current cash flow and excellent upside. The current cap rate is 8.0% and the current GRM is 9.45. The front building offers an extra large 2bd/1bth house and 1bd/1bth unit and the back building offers two large 2bd/1bth units and a huge basement. The property was originally built in 1900, offers approximately 3,248 square feet of rental space, and sits on a 6,500 square foot lot with four off-street parking spaces. The front 2bd/1bth unit and the back upper-level 2bd/1bth unit will be delivered vacant at closing making for a perfect set-up for an owner-occupant or investor seeking maximum market rents. All units have been remodeled over time and feature updated kitchens and bathrooms, hardwood floors, newer carpet, new pai nt, custom tile and lighting, and mature landscaping. The property is easy to manage and separately metered for PG&E providing for low annual operating expenses. This well-located property is situated in one of Vallejo's most desirable rental neighborhoods, on a charming tree-lined street surrounded primarily by single-family homes. Tenants enjoy convenient access to downtown Vallejo, an abundance of restaurants, parks, and shopping options. The Vallejo Marina and Mare Island are nearby making this a high demand location for tenants.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $895,000

AD Id : 87028625

MLS Id : 41139945

Beds : 8

Lot Size : 6,500 Sqft

Year Built : 1900

County : Solano

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: See Remarks Has Cooling: Yes Cooling: See Remarks

  • Building Information

    Year Built: 1900
    Construction Materials: Other
    Private Pool: No

  • Lot Information

    Main Square Feet: 6500 Lot Size Acres: 0.1492 Lot Size Source: Public Records Lot Size Square Feet: 6,500

    Property Information

    Subdivision: Other Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 126

  • Listing Price Information

    Listing Price: $895000

  • Tax Information

    Parcel Number: 0056104110

  • Location Information

    Direction: Cross Street: Marin Street.
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ByOwner last updated this listing 08/16/2026 @ 10:36

MLS: 41139945 LISTED BY: David Howarth, The Pinza Group, Inc 510-725-4775 SOURCE: CRMLS

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