Vallejo, CA 94591,709 Pope Dr
Vallejo, CA 94591,709 Pope Dr
Vallejo, CA 94591,709 Pope Dr
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
29
Jan
Fri
30
Jan
Sat
31
Jan
High State Realty

High State Realty

+1(805) 490-1401
$1,300,000
Est. payment /mo
10,497 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41119969

HOA Y/N No

Year Built 1969

Lot Size 10,497 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Solano

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Parking Features Covered

Total Parking Spaces 4

Building

Lot Description Front Yard

Sewer Public Sewer

Others

Tax ID 0072272110

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info
CRMLS – RECore
Listed by John L. Morra CENTURY 21 Masters

NEARBY SCHOOLS & PROPERTIES

SCHOOLS PROPERTIES
Elementary Schools 20
  • 7

    Joe Henderson Elementary School

    Public | KG - 5

  • 6

    Mary Farmar Elementary School

    Public | KG - 5

  • 5

    Grace Patterson Elementary School

    Public | KG - 5

  • 5

    Vallejo Charter

    Public | KG - 8

  • 5

    Pennycook Elementary School

    Public | KG - 5

  • 5

    Cave Language Academy

    Public | KG - 8

  • 5

    Joseph Wardlaw Elementary School

    Public | KG - 5

  • 4

    Glen Cove Elementary School

    Public | KG - 5

  • 4

    Beverly Hills Elementary School

    Public | KG - 5

  • 4

    Highland Elementary School

    Public | KG - 5

  • 2

    Steffan Manor Elementary School

    Public | KG - 5

  • 1

    Cooper Elementary School

    Public | KG - 5

  • 0

    Willow High School

    Public | KG - 12

  • 0

    Kindercare Learning Centers-Benicia

    Private | PK - KG

  • 0

    St Catherine of Siena School

    Private | KG - 8

  • 0

    St Basil Elementary School

    Private | KG - 8

  • 0

    North Hills Christian School

    Private | PK - 12

  • 0

    Kindercare Learning Center

    Private | PK - KG

  • 0

    Starting Gate School

    Private | PK - 12

  • 0

    New Horizons a Montessori School

    Private | PK - KG

Middle Schools 4
  • 5

    Benicia Middle School

    Public | 6 - 8

  • 4

    Carquinez Middle School

    Public | 6 - 8

  • 4

    Hogan Middle School

    Public | 6 - 8

  • 1

    Franklin Middle School

    Public | 6 - 8

High Schools 6
  • 8

    Benicia High School

    Public | 9 - 12

  • 5

    John Swett High School

    Public | 9 - 12

  • 3

    Jesse Bethel High School

    Public | 9 - 12

  • 1

    Vallejo High School

    Public | 9 - 12

  • 0

    St Patrick-St Vincent High School

    Private | 9 - 12

  • 0

    John Finney High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

High State Realty

High State Realty

+1(805) 490-1401

BROKER, OWNER | License ID: 02181686

BROKER, OWNER License ID: 02181686

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of HIGH STATE REALTY, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

709 Pope Dr