$1,295,000

Estimated payment $8,523/month

Total Views 1,530
-- Bed
-- Bath
5,432 Sq Ft
$238 Price per Sq Ft

Highlights

  • 0.3 Acre Lot
  • No HOA
  • Rectangular Lot
  • Wood Flooring
  • Cooling Available
  • Wood Siding

About This Home

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 Agent

Willem Bos

COMPASS License #02013980

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Rectangular Lot

Parking

  • Uncovered Parking

Home Design

  • Shingle Roof
  • Wood Siding
  • Stucco

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Laundry

  • No Washer or Dryer Hookups

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 5,432 Sq Ft Building
  • Bridge Aor Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.3
  • Directions: Left off fairgrounds dr
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile, Carpet, Wood
  • Basement: None
  • Other Equipment: Other
  • Basement YN: No

Exterior Features

  • Roof: Shingle
  • Lot Features: Regular
  • Construction Type: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side Yard Access, Uncovered Parking Space

Utilities

  • Heating: Electric
  • Utilities: Water/Sewer See Remarks
  • Cooling: Ceiling Fan(s), None
  • Laundry Features: No Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 06095251

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $1,295,000 -- $238 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41092889

bridgeMLS