USACAVallejoOther709 Pope Dr
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New
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$1,250,000

For Sale

2 days ago

709 Pope Dr, Vallejo, CA

House

MLS® 41139980

0 Bed

0 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 1
Lot Size 0.241 Acres
Approx. Age 1969
MLS® Number 41139980

Property Address: 709 Pope Dr, Vallejo, CA, 94591-6750

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 6.9% 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® Number41139980
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1969
Basement
DrivewayCovered
Garage Spaces
HeatSee Remarks
A/CSee Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 29, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
709 Pope Dr, Vallejo, CA

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