Description
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 Type
Residential IncomeCounty
SolanoStyle
Residential IncomeAD ID
49325108
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Roof : Shingle
Cooling Features
- None
- Air Conditioning
Heating Source
- Electric
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1968
- Construction: Stucco,Wood Siding
- Roof: Shingle
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 13068
-
Listing Information
Listing Price Information
- Original List Price: 1,295,000
- Listing Contract Date: 2025-04-10
Lease Information
-
Taxes / Assessments
Tax Information
- Parcel Number: 0052282050
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: Left off fairgrounds dr Cross Street: Fairgrounds.
- Source Property Type: Residential Income
Building and Construction
- Property Age: 57
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/14/2025 @ 05:42
- MLS: 41092889
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 13,068 sized lot, and 0 parking. are nearby neighborhoods.