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709 Pope Dr, 
Vallejo, CA 94591

$1,300,000


Bed


Bath


4,265

Sq Ft


Multi-Family

Active

Listed by

John L. Morra

Century 21 Masters

Last updated:

January 7, 2026, 05:31 PM

MLS#

41119969

Source:

CAREIL

About This Home

709 Pope Dr

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.

Home Facts

Multi-Family

Built in 1969

Price Summary

1,300,000

$304 per Sq. Ft.

MLS #:

41119969

Last Updated:

January 7, 2026, 05:31 PM

Added:

2 day(s) ago


Rooms & Interior

Interior

Living Area:

4,265 Sq. Ft.


Structure

Structure

Building Area:

4,265 Sq. Ft.

Year Built:

1969


Lot

Lot Size (Sq. Ft):

10,496


Finances & Disclosures

Finances

Price:

$1,300,000

Price per Sq. Ft:

$304 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, 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 a Coldwell Banker 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®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.