709 Pope Dr, Vallejo, CA 94591

Vallejo
Local realty services provided by:ERA Excel Realty
709 Pope Dr,Vallejo, CA 94591
$1,300,000
  • - Beds
  • - Baths
  • 4,265 sq. ft.
  • Multi-family
  • Active
Listed by: john l. morra
Office: century 21 masters
MLS#:41119969
Source:CAREIL

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$304.81

About this home

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1969
  • Listing ID #:41119969
  • Added:114 day(s) ago
  • Updated:April 26, 2026 at 04:21 PM

Rooms and interior

  • Living area:4,265 sq. ft.

Structure and exterior

  • Year built:1969
  • Building area:4,265 sq. ft.
  • Lot area:0.24 Acres
  • Construction Materials:Stucco

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$304.81

Parking

  • Parking description:Covered Parking
MLS LogoThe information being provided by Mlslistings Inc is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Mlslistings Inc. ERA Excel Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Excel Realty, a broker participant of Mlslistings Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Mlslistings Inc and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Mlslistings Inc. All rights reserved.

New listings near 709 Pope Dr