709 Pope Dr, Vallejo, CA 94591
- 8 beds
- 4,265 sqft
Multi-Family Home
Built in 1969
10,454sqft lot
—— car garage
$305/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Pennycook Elementary School
3620 Fernwood St, Vallejo, CA, 94591
Grades KG-5
0.45 miles away
Hogan Middle School
850 Rosewood Ave, Vallejo, CA, 94591
Grades 6-8
1.13 miles away
Jesse Bethel High School
1800 Ascot Pkwy, Vallejo, CA, 94591
Grades 9-12
1.93 miles away
