714-745-2708

709 Pope Dr, Vallejo, CA 94591

$1,250,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

John L. Morra | morra.johnl@gmail.com
Lic#: 01884598
Broker: Courtesy of CENTURY 21 Masters
Phone: 510-200-4449

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# 41139980

Price: $1,250,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1969

0.24 acres

Lot size: 0.2410

Subdivision: Other

County: Solano

Construction: Stucco

Parking description: Covered

Lot description: Front Yard

Heating/cooling: See Remarks

Heating description: See Remarks

Last Updated: 9/4/2026

Days On Market (DOM): 92

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Lat/Long: 38.093220, -122.207105.
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