$1,300,000

709 Pope Dr, Vallejo, CA 94591

  • 8 beds
  • 4,265 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $305/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 6.3% 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.

Listing Status:
Active
Date Added:
January 5, 2026
Data Last Updated:
February 6, 2026 at 3:08PM
Listing Office:
CENTURY 21 Masters : 510-257-4441
Listing Agent:
John L. Morra : 510-200-4449
MLS ID:
41119969
  • Basement: None
  • Flooring: Other
  • A/C: Other
  • Heating: Other
  • Fireplace: Fireplace
  • General: Front YardOther
  • Parking: Covered
  • General: Stucco
  • Originating MLS: Paragon
  • County: Solano
  • Zoning: 0072272110
  • Source: Paragon

Presented by Veterans United Realty

This listing courtesy of John L. Morra , CENTURY 21 Masters

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pennycook Elementary School

3620 Fernwood St, Vallejo, CA, 94591

Grades KG-5

0.45 miles away

H

Hogan Middle School

850 Rosewood Ave, Vallejo, CA, 94591

Grades 6-8

1.13 miles away

J

Jesse Bethel High School

1800 Ascot Pkwy, Vallejo, CA, 94591

Grades 9-12

1.93 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.