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:
Active
Baths:
0
Address:
1509 Valle Vista Ave
Type:
Residential Income
City:
Vallejo
Listed Date:
Apr 10, 2025
State:
CA
ZIP:
94589
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1968
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
None
Heating
Electric
Exterior
Parking Spots
6.00
Roof
Shingle
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address1509 Valle Vista Ave Vallejo CA
- CityVallejo
- CountySolano
- Zip Code94589
Similar Listings Nearby
- 1158 Louisiana St
Vallejo, CA$975,000
1.57 miles away

1509 Valle Vista Ave
Vallejo, CA
LIGHTBOX-IMAGES