Home | Solano County | Vallejo | 94591 | 709 Pope Dr
MLS: BE41139980 | Status: Active | Price: $1,250,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,265 | 10,496 | 1969 |
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.
| Field | Value |
|---|---|
| MLS # | BE41139980 |
| MLS Source | Bay East |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Flooring | Other |
| Cooling | Other |
| Heating | Other |
| Feature | Details |
|---|---|
| Roof | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Covered Parking, Garage: Car(s) |
| Complex Amenities | Other |
John L. Morra
CENTURY 21 Masters
License #: 01884598
Phone: (510) 200-4449
| # 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 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2015 Springs Rd | $1,150,000 | – | – | 3,110 | Active |
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This listing information is up-to-date as of June 29, 2026. For the most current information, please contact John L. Morra, (510) 200-4449.