Vallejo, CA 94589,1509 Valle Vista Ave
Vallejo, CA 94589,1509 Valle Vista Ave
Vallejo, CA 94589,1509 Valle Vista Ave
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$1,295,000
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5,432 SqFt
Active

1509 Valle Vista Ave Vallejo, CA 94589

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,432 sqft

Price per Sqft $238

MLS Listing ID 41092889

HOA Y/N No

Year Built 1968

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type 5 or More Units

Property Description

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.

Location

State CA

County Solano

Rooms

Basement None

Interior

Heating Electric

Cooling Ceiling Fan(s), None

Flooring Laminate, Tile, Carpet, Wood

Fireplace No

Laundry No Hookups

Exterior

Utilities Available Water/Sewer See Remarks

Building

Lot Description Regular

New Construction No


Bridge MLS
Listed by Willem Bos • COMPASS

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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1509 Valle Vista Ave