709 Pope Dr, Vallejo, CA 94591

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 6.9% 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 Status:

Active

Date Added:

June 29, 2026

Data Last Updated:

July 6, 2026 at 7:16AM

Listing Office:

CENTURY 21 Masters : 510-257-4441

Listing Agent:

John L. Morra : 510-200-4449

MLS ID:

41139980

Interior

• A/C: See Remarks
• Heating: See Remarks

Exterior

• Parking: CoveredParking spaces: 4

Construction

• General: Stucco

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CCBE
• County: Solano

Lot

• Zoning: 0072272110

Financial

• Source: CRMLS_CCBE