Contact Xavier Gomez
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709 Pope Dr , Vallejo, CA 94591
Priced at Only: $1,300,000
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Address: 709 Pope Dr , Vallejo, CA 94591
Property Location and Similar Properties
- MLS#: 41119969 ( Quadruplex )
- Street Address: 709 Pope Dr
- Viewed: 2
- Price: $1,300,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1969
- Bldg sqft: 0
- Days On Market: 48
- Additional Information
- County: SOLANO
- City: Vallejo
- Zipcode: 94591
- Subdivision: Other
- Provided by: CENTURY 21 Masters
- Contact: John L. John L.

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DescriptionExceptional 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.
Features
Association Fee
- 0.00
Construction Materials
- Stucco
Cooling
- See Remarks
Days On Market
- 42
Heating
- See Remarks
Insurance Expense
- 5500.00
Lot Features
- Front Yard
Netoperatingincome
- 81825.00
Parcel Number
- 0072272110
Parking Features
- Covered
Property Type
- Quadruplex
Sewer
- Public Sewer
Sourcesystemkey
- 41119969:BMLS
Subdivision Name Other
- Other
Tenant Pays
- Gas
Year Built
- 1969
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com








