1509 Valle Vista Ave
Vallejo, CA 94589
- – beds
- – baths
- – sqft
- 13,068 sqft lot
- 1968 build
- – on site
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.
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Last updated Apr 11, 2025
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MLS# 41092889 —
The Building
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Year Built:1968
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Construction Materials:Stucco, Wood Siding
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Total Number Of Units:6
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Roof:Shingle
Location
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Directions:Left off fairgrounds dr Cross Street: Fairgrounds.
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Latitude:38.12745900
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Longitude:-122.23164800
The Property
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Property Type:Residential Income
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Lot Size Area:13068.0000
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Lot Size Acres:0.3000
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Lot Size SqFt:13068.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:06095251
The Listing
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Parcel Number:0052282050
Heating & Cooling
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Heating:1
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Heating:Electric
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Cooling:Yes
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Cooling:None
Parking
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Parking Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/10/25
Apr 10, 2025
|
Listed / Active | CRMLS_CA | $1,295,000 |
