




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 Dena Bliss | CA DRE# 02129735 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.
.