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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 6.3% 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, 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 : Residential Income

Price : $1,300,000

AD Id : 72416684

MLS Id : 41119969

Beds : 8

Lot Size : 10,496 Sqft

Year Built : 1969

County : Solano

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Feature Features

  • Bathroom Information

    Total Baths: 0

    Water/Sewer

    Sewer: Public Sewer
  • Cooling Features

    See Remarks Air Conditioning

    Heating Source

    See Remarks Has Heating

  • Building Information

    Year Built: 1969 Construction: Stucco

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.241
  • Lot Size Source: Public Records Lot Size Square Feet: 10496

  • Listing Price Information

    Original List Price: 1,300,000 Listing Contract Date: 2026-01-05

  • Tax Information

    Parcel Number: 0072272110

  • Garage and Parking

    Garage Description: Covered

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Mapquest it Cross Street: Rollingwood Dr.. Source Property Type: Residential Income Property SubType: Quadruplex
  • Building and Construction

    Property Age: 57 Structure Type: Quadruplex Year Built Source: Vendor Enhanced
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
324 Idora Ave, Vallejo, CA, 94591 $495,000 3 2 --

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ByOwner last updated this listing 04/07/2026 @ 00:42

MLS: 41119969 LISTED BY: John L. Morra, CENTURY 21 Masters 510-257-4441 SOURCE: CRMLS

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