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About the Listing BMLS-OBBCOMP - BMLS-R02013980,BMLS-R02013980
***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.
Listing Highlights for 1509 Valle Vista Ave
Status
Pending
Days on Site
148
Property Type
Multi-Family
MLS ®
41092889
Year Built
1968
Total Square Footage
0
Lot/Acreage
0.3
County
Solano
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof: Shingle
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 0052282050
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1509 Valle Vista Ave Vallejo, CA 94589
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