1011 Louisiana Street, Vallejo, CA 94590, Vallejo, 94590 - 2 bed, 1 bath
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1011 Louisiana Street
Vallejo, CA 94590
ACTIVE
CONDITION: FAIR
2Beds
1Baths
633Sq Ft
5,523Lot Size
Property Price
LIST PRICE$365,000
EST. MARKET VALUE
$384,951
5% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $379,900—positioned above the $361,741 Fair Market Value by 5%. While the price reflects a premium, the Fair Condition Rating (108 years old) is offset by significant Development Potential on the 5,523 sq. ft. lot and Immediate Cash Flow from the occupied upstairs unit. The flexible downstairs space allows for Buy-and-Hold Investors or Value-Add Developers to increase equity through strategic renovations and potential ADU expansion.
Estimated Market Value
$384,951+$19,951 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Vallejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1011 Louisiana Street Subject 2 bd · 1 ba · 633 sqft · $608 | $365,000* List Price | 2 | 1 | 633 | $608 | - |
A 910 Branciforte Street Sold 1 bd · 1 ba · 650 sqft · $669 · 0.6 mi | $435,000 | 1 | 1 | 650 | $669 | 0.6 mi |
B 1810 Sutter Street Sold 2 bd · 1 ba · 824 sqft · $425 · 0.3 mi | $350,000 | 2 | 1 | 824 | $425 | 0.3 mi |
C 817 Colusa Street Active 2 bd · 1 ba · 816 sqft · $440 · 0.2 mi | $359,000 List Price | 2 | 1 | 816 | $440 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1916, this 108-year-old structure is significantly aged. While the upstairs unit is currently habitable and rented with some reported updates, the downstairs remains unfinished 'potential' space. The property is dated, the lot is unmaintained, and it requires significant work to fully utilize the structure and modernize the systems.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The generous 5,523 square foot lot features a structure positioned at the rear with alley access, providing significant open space for a potential ADU or second primary residence pending city approval.
- Immediate Cash Flow
The upstairs two-bedroom unit is currently occupied by a month-to-month tenant and has undergone modern updates, offering immediate rental income for an investor.
- Value-Add Versatility
The flexible downstairs area offers a prime opportunity to increase equity by converting the space into an additional living unit, a garage, or specialized storage.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
With only 633 square feet of living space for a two-bedroom layout, the interior is exceptionally compact, which may deter buyers seeking more spacious accommodations.
- Low School Ratings
The property is zoned for local schools with performance ratings as low as 2 out of 10, which could impact long-term appreciation and appeal to families.
About 1011 Louisiana Street
This single family home is situated on a 5,523 square foot lot with alley access in back. The two story structure is located on the back of the lot on the alley. The upstairs features a 2 bed and 1 bath currently rented on a month to month agreement. This 2 bed unit has had some good updates including complete rebuild including foundation, plumbing, electrical, roof, windows, and stucco exterior in 2008. The downstairs has potential for a second unit, garage or storage with windows installed, plus plumbing and rebar already installed for the slab floor. The way the structure is situated at the back of the lot leaves potential for adding another structure and leaves plenty of room for parking and landscaping.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1916
- Lot Size
- 5,523 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Vallejo Unified Schools
Lincoln Elementary School
Grades K-5 • 0.4 mi
2/10
Highland Elementary School
Grades K-5 • 0.9 mi
4/10
Grace Patterson Elementary School
Grades K-5 • 2.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 633 | 1,440.296 |
| Lot Size | 5,523 | 6,355.915 |
| Price | $365.0K | $529.2K |
| Price per sq ft | $577 | $358 |
| Built year | 1916 | 1959 |
| HOA | $0 | $142 |
| Days on market | 46 | 47 |
Pricing History
Listed for Sale
Oct 7, 2026
$365,000
$379,900
-4% Price Drop
Initial Listing
Price Change
Sep 8, 2026
$379,900
Initial Listing
Sold
Jul 16, 2008
$94,000
Public Record