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1509 Valle Vista Ave, Vallejo, CA 94589
Priced at Only: $1,295,000
For more Information Call
Mobile: 714.478.6676
Address: 1509 Valle Vista Ave, Vallejo, CA 94589
Property Photos

Property Location and Similar Properties
- MLS#: 41092889 ( )
- Street Address: 1509 Valle Vista Ave
- Viewed: 1
- Price: $1,295,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1968
- Bldg sqft: 0
- Days On Market: 92
- Additional Information
- County: SOLANO
- City: Vallejo
- Zipcode: 94589
- Provided by: COMPASS
- Contact: Willem Willem
- DMCA Notice
-
Description***Back on market at no fault of Sellers*** 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. Dont miss this exceptional investment opportunity in one of Vallejos growing rental markets.
Features
Association Fee
- 0.00
Construction Materials
- Stucco
- Wood Siding
Cooling
- None
Days On Market
- 72
Heating
- Electric
Netoperatingincome
- 88586.00
Parcel Number
- 0052282050
Roof
- Shingle
Sourcesystemkey
- 41092889:BMLS
Tenant Pays
- Gas
Year Built
- 1968

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com