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709 Pope Dr

Vallejo, CA 94591
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Bed 8

Bed

Bath 5

Bath

SqFt10,496

Sqft(Lot)

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, t he 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,250,000

AD Id : 87070272

MLS Id : 41139980

Beds : 8

Lot Size : 10,496 Sqft

Year Built : 1969

County : Solano

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: SeeRemarks Has Cooling: Yes Cooling: SeeRemarks

  • Building Information

    Year Built: 1969
    Construction Materials: Stucco
    Private Pool: No

  • Lot Information

    Main Square Feet: 10496 Lot Size Acres: 0.241 Lot Size Source: PublicRecords Lot Size Square Feet: 10,496 Lot Description: FrontYard

    Property Information

    Subdivision: Other Source Property Type: ResidentialIncome Property SubType: Quadruplex Property Age: 57

  • Listing Price Information

    Listing Price: $1250000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0072272110

  • Location Information

    Direction: Cross Street: Rollingwood Dr..
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
200 Westwood St, Vallejo, CA, 94591 $899,000 8 4 --

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ByOwner last updated this listing 08/19/2026 @ 17:19

MLS: 41139980 LISTED BY: John L. Morra, CENTURY 21 Masters 510-257-4441 SOURCE: CRMLS

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