Property Details
About this Property
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.
MLS Listing Information
MLS #
MR41092889
MLS Source
Bridge MLS
Days on Site
32
Interior Features
Flooring
Carpet - Wall to Wall, Laminate, Tile, Wood
Cooling
Ceiling Fan, None
Heating
Electric
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Access - Side Yard, Garage: Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 905 | 2 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1509 Valle Vista Ave is a Residential Income in Vallejo, CA 94589. This 5,432 square foot property sits on a 0.3 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,295,000 and was built in 1968. This address can also be written as 1509 Valle Vista Ave, Vallejo, CA 94589.
©2025 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of April 17, 2025. For the most current information, please contact Willem Bos, (916) 698-9954
