Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
3 Baths
1,040 sqft

$525,000

1038 Alabama Street, Vallejo CA, 94590

Price per sqft$504.81
Built in1960
Property size1,040 sqft
Property typeMulti-family

Overview

Active

Listed Sep 25, 2026

Updated 8 days ago

This versatile property is a cash-flow machine currently generating three separate incomes. Two incomes from the front units and a third income from the big rear garage (appr. 670 sq ft) which features convenient alley access. The true value lies in the untapped potential! Let your imagination run wild and increase your equity with endless possibilities to maximize the return on your investment. Add a bedroom or two and/or an extra bathroom to instantly command premium market rents by utilizing the big existing garage. Alternatively, convert the back garage into an additional unit. There are 3 meters. There is ample off-street parking in the front adding even more convenience and value, you can invest, expand, and watch your portfolio thrive!

$3,493/mo

Est. mortgage payment based on a $525,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
326081640

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Listed by Pat Molinar-Jeffers (01768586) with Messina Realty Inc

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Marni Cunha shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Bay Area Real Estate Information Services, Inc. all rights reserved.

 

.

 

Powered by Luxury Presence