1 Parrott Street, Vallejo, CA 94590, Vallejo, 94590 - 3 bed, 2 bath
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Vallejo, CA 94590
This Mid-Renovation Condominium Asset enters the market at $345,000, offering a high-utility project for those seeking a Value-Add opportunity in Vallejo. While the current $244,347 Fair Market Value reflects its Condition Rating of 5, the property features critical infrastructure upgrades including new electrical, windows, and insulation. These improvements reduce renovation timelines. Investors must account for the $350 monthly association fee during construction. Located near the Vallejo Ferry, the property requires a full interior completion to realize its maximum potential. This acquisition offers a strategic entry point for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Parrott Street Subject | $345,000* List Price | 3 | 2 | 1,100 | $222 | - |
A 43 Rodgers Street Sold | $250,000 | 2 | 1 | 884 | $283 | 0.2 mi |
B 2251 Sacramento Street Active | $275,000 List Price | 3 | 1 | 988 | $278 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 and currently mid-renovation, the property is stripped to the studs with no functional kitchen or bathrooms. While it features new electrical and insulation, it is currently unlivable and requires a full interior rehab to be completed.
The property features brand-new electrical, windows, insulation, and framing, saving a buyer substantial time and capital on the most critical and expensive phases of a renovation.
Conveniently located near Highways 37 and 80 and the Vallejo Ferry, this property offers excellent accessibility for Bay Area commuters, enhancing its resale and rental appeal.
As a mid-renovation project taken down to the studs, it provides a blank canvas for an investor or contractor to install modern finishes and maximize the property's after-repair value.
The property is currently uninhabitable and mid-construction, which limits the buyer pool to cash or hard-money investors and prevents immediate occupancy.
A $350 monthly association fee must be paid throughout the renovation process, increasing the total holding costs and potentially tightening profit margins for a flip.
3 bed, 1.5 bath condo offering approximately 1,100 sq ft, ready for completion. This unit has been taken down to the studs and is mid-renovation, providing a strong head start for investors or contractors. Major improvements already completed, including brand new electrical, new windows, and new insulation, along with framing in placesaving significant time and upfront costs. Finish the project and capitalize on the upside. Great opportunity for a flip, rental, or long-term hold in Vallejo. Conveniently located with easy access to Highways 37 & 80, shopping, and the Vallejo Ferry for Bay Area commuters.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,100 | 918 | 71% |
| Lot Size | 871 | 871 | 50% |
| Price | $345.0K | $265.0K | 71% |
| Price per sq ft | $314 | $283 | 71% |
| Built year | 1980 | 1988 | 29% |
| HOA | $350 | $569 | 14% |
| Days on market | 55 | 230 | 14% |
Apr 20, 2026
$345,000
Initial Listing
Oct 31, 2017
$170,000
Public Record
Jun 5, 2008
$120,000
Public Record
Jun 30, 2005
$307,000
Public Record