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Bedrooms
Sold for $1,125,000 · Oct 2025
SOLDListed at $1,295,000
Vallejo, CA
MLS# 41092889
Willem Bos
Listing Agent
COMPASS
DRE #: 02013980
Brokerage: COMPASS
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Bedrooms
0
Bathrooms
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Square Feet
1968
Year Built
0.3 acres
Lot Size
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Price/Sq Ft
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Garage Spaces
N/A
HOA
Property
Property Type
***Back on market at no fault of Sellers*** 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.
Listing description from the October 2025 sale, as reported to CRMLS.
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1 recorded sale
1509 Valle Vista Ave sold for $1,125,000 in October 2025, 13% under its $1,295,000 list price, after 109 days on the market. Across 34 closed sales in 94589 over the last 12 months, the median sold price is $467,500 and the median is $334 per square foot.
| Quarter | Closed sales in 94589 | Median sold price |
|---|---|---|
| Q1 2026 | 3 | $515,000 |
| Q2 2026 | 14 | $521,000 |
| Q3 2026 | 17 | $440,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Vallejo · Homes for sale in 94589
Closed sales reported in 94589, nearest first, last 12 months. All recent sales in Vallejo →
1509 Valle Vista Ave
Contact Willem Bos
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Contact Listing Agent
COMPASS
DRE #02013980
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