1509 Valle Vista Ave, Vallejo, CA 94589
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1509 Valle Vista Ave,Vallejo, CA 94589
$1,295,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:willem bos
Office:compass
MLS#:41092889
Source:CRMLS
Price summary
- Price:$1,295,000
About this home
***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.
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Home facts
- Year built:1968
- Listing Id #:41092889
- Added:125 day(s) ago
- Updated:August 13, 2025 at 01:10 PM
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1968
- Lot area:0.3 Acres
Finances and disclosures
- Price:$1,295,000
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