1. California
  2. Vallejo
  3. 1509 Valle Vista Ave
$1,295,000

1509 Valle Vista Ave, Vallejo, CA 94589

  • 5,432 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $238/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Pending
Date Added:
April 10, 2025 at 05:00AM
Listing Office:
COMPASS : 415-660-9955
Listing Agent:
Willem Bos : 916-698-9954
MLS ID:
41092889

This listing courtesy of Willem Bos, COMPASS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cooper Elementary School

612 Del Mar Ave, Vallejo, CA, 94589

Grades KG-5

0.44 miles away

C

Cave Language Academy

770 Tregaskis Ave, Vallejo, CA, 94591

Grades KG-8

1.43 miles away

V

Vallejo High School

840 Nebraska St, Vallejo, CA, 94590

Grades 9-12

1.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.