Link Copied
Listed price in listed location currency (USD).
$1,300,000

004

MLS® 41119969

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 67
Lot Size 0.241 acres
Approx. Age 1969
MLS® Number 41119969

Property Address: 709 709 Pope Dr, Vallejo, CA, 94591

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Investment Opportunity. Offered for the first time in many years, this well-maintained fourplex reflects true pride of ownership and represents a rare addition to the market. The property features strong in-place income with rents near current market levels, allowing for immediate and stable cash flow. Offered at an approximate 6.3% capitalization rate, the asset delivers positive cash flow with 30% down, with increased returns as equity investment increases. This property is ideally suited for an investor completing a 1031 exchange, particularly those transitioning from a smaller multifamily asset into a larger, income-producing property. Each unit is separately metered for gas and electricity, minimizing owner expenses. Vallejo does not have local rent control; therefore, the property is subject to California statewide rent control, allowing for annual rent increases of up to 5% plus CPI, providing a clear path for long-term income growth. A compelling opportunity for investors seeking a stable asset with immediate income and built-in upside.
MLS® Number41119969
Laundry Level
Central VacNo
FireplaceNo
Acreage0.241
Exterior
GarageNo
Approx. Age1969
Basement
DrivewayCovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 5, 2026List Date
$1,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
709 709 Pope Dr, Vallejo, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties