1509 Valle Vista Ave Vallejo, CA 94589
West Vallejo NeighborhoodEstimated payment $8,447/month
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.
Listing Agent
Willem Bos
COMPASS License #02013980 Listed on: 04/10/2025
Map
Property Details
Home Type
Multi-Family
Year Built
1968
Lot Details
0
Listing Details
- Property Sub Type: 5 or More Units
- Property Type: COMM RI MULTI-UNITS 5+
- Co List Office Mls Id: OBBCOMP
- Directions: Left off fairgrounds dr
- Special Features: VirtualTour
- Year Built: 1968
Interior Features
- Other Equipment: Other
Exterior Features
- Construction Type: Stucco, Wood Siding
- Roof: Shingle
Garage/Parking
- Parking Features: Side Yard Access, Uncovered Parking Space
Utilities
- Laundry Features: No Hookups
- Cooling: Ceiling Fan(s), None
- Heating Yn: Yes
- Utilities: Water/Sewer See Remarks
Condo/Co-op/Association
- Association Name: Bridge AOR
Lot Info
- Lot Size Sq Ft: 13068
Tax Info
- Tax Tract: 06095251
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2025 07/08/25 | For Sale | $1,295,000 | 0.0% | $238 / Sq Ft |
06/20/2025 06/20/25 | Pending | -- | -- | -- |
04/10/2025 04/10/25 | For Sale | $1,295,000 | -- | $238 / Sq Ft |
Source: bridgeMLS
MLS Number: 41092889

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