739 Alabama St Vallejo, CA 94590
West Vallejo Neighborhood
5
Beds
6
Baths
2,410
Sq Ft
4,687
Sq Ft Lot
About This Home
As of January 2025This is a large property. 2 buildings and 3 spacious units all independently metered for gas and electric. A great opportunity to start your real estate portfolio or add to it on your way to being a real estate mogul. Rentometer.com puts rents between $5385 (lower range), and $5942 (mid range), monthly. Gross rent multiplier of 10 is based on an average of these two numbers. The CAP rate based on 60% of that average number. (60% is a reasonable industry-standard for net rental income after deducting expenses.) Live in one unit and rent the other two or rent all three. A great opportunity either way. Three separate electric meters and three separate gas meters
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,279
Year Built
- Built in 1930
Parking
- 1 Parking Space
Home Design
- 2,410 Sq Ft Home
- Triplex
Additional Features
- 4,687 Sq Ft Lot
- No Cooling
Listing and Financial Details
- Assessor Parcel Number 0056-082-400
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Gross Income $67,962
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2025 01/14/25 | Sold | $610,000 | +1.8% | $253 / Sq Ft |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 12/12/2024 12/12/24 | Price Changed | $599,000 | -11.3% | $249 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $675,000 | -- | $280 / Sq Ft |
Source: Bay Area Real Estate Information Services (BAREIS)
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 |
|---|---|---|---|---|
| 2024 | $3,279 | $189,968 | $25,610 | $164,358 |
| 2023 | $3,063 | $186,244 | $25,108 | $161,136 |
| 2022 | $2,960 | $182,593 | $24,616 | $157,977 |
| 2021 | $2,894 | $179,014 | $24,134 | $154,880 |
| 2020 | $2,894 | $177,179 | $23,887 | $153,292 |
| 2019 | $2,794 | $173,706 | $23,419 | $150,287 |
| 2018 | $2,607 | $170,301 | $22,960 | $147,341 |
| 2017 | $2,479 | $166,962 | $22,510 | $144,452 |
| 2016 | $1,909 | $163,689 | $22,069 | $141,620 |
| 2015 | $1,885 | $161,231 | $21,738 | $139,493 |
| 2014 | $1,859 | $158,074 | $21,313 | $136,761 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $488,000 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $610,000 | Old Republic Title |
Source: Public Records
Similar Home in Vallejo, CA
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 324074788
APN: 0056-082-400
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Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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