Property Details
About this Property
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.
MLS Listing Information
MLS #
BE41119969
MLS Source
Bay East
Days on Site
5
Interior Features
Appliances
Other
Flooring
Other
Cooling
Other
Heating
Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 3 | 0/0 | – |
| 2 | – | 2 | 0/0 | – |
| 3 | – | 2 | 0/0 | – |
| 4 | – | 1 | 0/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
709 Pope Dr is a Residential Income in Vallejo, CA 94591. This 4,265 square foot property sits on a 10,496 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,300,000 and was built in 1969. This address can also be written as 709 Pope Dr, Vallejo, CA 94591.
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This listing information is up-to-date as of January 05, 2026. For the most current information, please contact John L. Morra, (510) 200-4449
