1509 Valle Vista Ave Vallejo, CA 94589
West Vallejo NeighborhoodEstimated payment $8,523/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 41092889

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