1509 Valle Vista Ave, Vallejo, CA 94589
- $1,125,000
Listed by Willem Bos, (916) 698-9954 from COMPASS
(If provided) CoList: from
Sold listing courtesy of Willem Bos from OBBCOMP
- Sold Price
- $1,125,000
- List Price
- $1,295,000
- Closing Date
- Oct 03, 2025
- MLS#
- EB41092889
- Status
- SOLD
- Lot Size
- 13,068
- Listing Area
- Other Area
- Year Built
- 1968
Property Description
***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.
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Additional Information
- Acres
- 0.30
- Age
- 57
- Amenities
- Balcony/Patio
- Cooling System
- None, Ceiling Fan
- Exterior Features
- Stucco, Siding - Wood
- Floor Covering
- Laminate, Tile, Carpet - Wall to Wall, Wood
- Garage Parking
- Access - Side Yard
- Heating System
- Electric
- Lot Description
- Regular
- Lot Size
- 13,068
- Neighborhood
- Other Area
- Numberof Units
- 6
- Roof
- Composition
- Unincorporated Yn
- Yes
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