What's a realistic Vallejo cap rate?
B-class SFR: 3.5-4.5%. Small-multifamily: 4.0-5.5%. Anything claiming 7%+ in Vallejo is either C-class neighborhood or pro-forma fiction.
For Vallejo investors
Vallejo investment property realtor — real underwriting, no pro-forma fiction.
Roger Grubb specializes in Bay Area small-multifamily and SFR-rental underwriting. He has closed Richmond duplexes, Concord triplexes, and Oakland 4-unit properties. He underwrites on actual rents and actual carrying costs — not Zillow estimates. (510) 504-0402.
Vallejo stats: median $560,000 · $373/sqft · 24 DOM.
Why Vallejo for investors
Historic downtown, Mare Island redevelopment, ferry access to SF Ferry Building. The most affordable major Bay Area city in 2026.
Roger\'s read: Heritage District (Victorians) is the gem. Mare Island redevelopment is a 10-year story still unfolding.
Vallejo investor FAQ
Does Vallejo cash flow work at 25% down?
Year 1 typically no. The math works on 5+ year holds with rent growth + appreciation + principal paydown.
Can I 1031 into Vallejo?
Yes. Roger works with two qualified intermediaries and has hit 45-day identification windows under tight conditions.
How do I find off-market deals in Vallejo?
Roger's 18-year East Bay + Peninsula network surfaces 1-in-4 deals before they hit MLS. Investors avoid bidding wars there.