NOT LISTED FOR SALE

709 Pope Dr Vallejo, CA 94591

8 Beds
5 Baths
4,265 Sq Ft
10,454 Sq Ft Lot Lot

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 investors seeking a stable asset with immediate income and built-in upside.

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Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2026 01/05/26 For Sale $1,300,000 -- $305 / Sq Ft

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