Sold

1509 Valle Vista Ave, Vallejo, CA 94589

Sqft
5,432

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCompass
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Overview

***Back on market at no fault of Sellers*** Prime Value-Add Multi-Family Opportunity – 1509 Valle Vista Ave, Vallejo Located in a desirable Vallejo neighborhood, 1509 Valle Vista Ave is a well-maintained six-unit multi-family property offering significant upside potential. With current rents approximately 20% below market, this asset presents a compelling value-add opportunity for investors looking to increase cash flow and long-term appreciation. Built in 1968, the property consists of six spacious townhouse-style 2BD/1.5BA units, each 905 SF in size, providing a comfortable and desirable living space for tenants. Situated on a 13,068 SF lot, the property boasts a 1:1 off-street parking ratio and private back patios for each unit. Investment highlights include a 8.00% market cap rate and 8.6 market GRM, along with the benefit of no city rent control, allowing for strategic rent increases over time. Conveniently located near restaurants, shopping, I-80, and Six Flags Discovery Kingdom, this property offers both strong tenant demand and future appreciation potential. Don’t miss this exceptional investment opportunity in one of Vallejo’s growing rental markets.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
5,432
Lot size (acres)
0.30
Year built
1968

Utilities

Heating
Electric
Cooling
Ceiling fan(s), None

Public schools

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Sourced from: Bay East Association of REALTORS MLS®#: 41092889 Last checked:

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