1509 Valle Vista Ave - Apartments FOR SALE


Vallejo, CA 94589- West Vallejo
$1,295,000 USD
916-698-9954
1509 Valle Vista Ave, Vallejo, CA for Sale
$1,295,000 USD
Apartments - FOR SALE
1/23
null | 6.84% Cap Rate

1509 Valle Vista Ave
Vallejo, CA 94589
West Vallejo


HIGHLIGHTS

  • None rent controlled city (Besides Statewide)
  • Over 12% Upside to be achived
  • All 6 townhome styled units
  • Over 6.4% Cash on cash return day 1
  • 100% Occupied

OVERVIEW

Prime Value-Add Multi-Family Opportunity – 1509 Valle Vista Ave, Vallejo Located in a desirable Vallejo neighborhood, 1509 Valle Vista Ave is a well-maintained six-unit multi-family property offering significant upside potential. With current rents approximately 20% below market, this asset presents a compelling value-add opportunity for investors looking to increase cash flow and long-term appreciation. Built in 1968, the property consists of six spacious townhouse-style 2BD/1.5BA units, each 905 SF in size, providing a comfortable and desirable living space for tenants. Situated on a 13,068 SF lot, the property boasts a 1:1 off-street parking ratio and private back patios for each unit. Investment highlights include a 8.00% market cap rate and 8.6 market GRM, along with the benefit of no city rent control, allowing for strategic rent increases over time. Conveniently located near restaurants, shopping, I-80, and Six Flags Discovery Kingdom, this property offers both strong tenant demand and future appreciation potential. Don’t miss this exceptional investment opportunity in one of Vallejo’s growing rental markets.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$238 USD /SF

# OF UNITS

6

PRICE/UNIT

$215,833

CAP RATE

6.84%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

All 6 town home styled units!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

0052-282-050

ASK ABOUT THIS PROPERTY

Willem BosCompass CommercialMore Info
916-698-9954

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Willem BosCompass CommercialMore Info
916-698-9954

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