***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.
Property Details
Price:
$1,295,000
MLS #:
41092889
Status:
Pending
Baths:
0
Type:
Residential Income
Listed Date:
Apr 10, 2025
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1968
See this Listing
Schools
Interior
Cooling
None
Heating
Electric
Exterior
Construction Materials
Stucco, Wood Siding
Parking Spots
6.00
Roof
Shingle
Financial
Map
Community
- Address1509 Valle Vista Ave Vallejo CA
- CityVallejo
- CountySolano
- Zip Code94589
Subdivisions in Vallejo
Market Summary
Current real estate data for Residential Income in Vallejo as of Oct 24, 2025
6
Residential Income Listed
221
Avg DOM
$859,473
Avg List Price
Property Summary
- 1509 Valle Vista Ave Vallejo CA is a Residential Income for sale in Vallejo, CA, 94589. It is listed for $1,295,000
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