This Value-Add Residential Asset presents a High-Potential Investment Opportunity with a List Price of $328,888, aligned with its $320,754 Fair Market Value. The property requires a comprehensive transformation, reflected in its Condition Rating of 5. However, the functional 4-bedroom, 2-bathroom layout and 5,227 square foot lot provide a strong foundation for forced appreciation. Located near Steffan Manor Elementary and Franklin Middle School, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside project in an established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1023 Caldwell Avenue Subject | $328,888* List Price | 4 | 2 | 1,290 | $249 | - |
A 402 Tregaskis Ave Sold | $347,500 | 4 | 2 | 1,270 | $274 | 0.1 mi |
B 120 Sunset Ave Sold | $400,000 | 4 | 3 | 1,216 | $329 | 0.6 mi |
C 930 Brookwood Avenue Sold | $350,000 | 3 | 1 | 1,119 | $313 | 0.5 mi |
D 120 Sunset Ave Pending | $400,000 List Price | 4 | 3 | 1,216 | $329 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 with no mentioned updates, the property is described as a 'complete refresh' and a 'project' for investors or contractors. The age (>70 years) and the call for a 'transformation' and 'reimagining the space' indicate significant rehab is required for kitchens, baths, and likely aging systems.
Priced competitively at $328,888, this property offers a substantial equity-building opportunity for investors or contractors looking to renovate and capitalize on the upside potential.
The 1,290 square foot floor plan includes 4 bedrooms and 2 bathrooms, providing a versatile and high-demand footprint for both families and rental purposes.
Situated in an established neighborhood near schools and major commuter routes, the property offers long-term appeal and accessibility for residents.
The property is marketed as a project needing a complete refresh, implying significant deferred maintenance and the need for a substantial capital investment.
The local public schools assigned to this address currently hold lower ratings (3/10), which may limit the property's appeal to certain family-oriented buyer demographics.
Welcome to 1023 Caldwell Ave in Vallejo a rare chance to bring your vision to life and unlock the full potential of this property. Situated in an established neighborhood, this home offers a solid footprint and a canvas ready for transformation. Perfect for investors, contractors, or buyers looking to customize their dream home, this property is ready for a complete refresh. With the right improvements, there is tremendous upside and the opportunity to create something truly special. The lot and layout provide a strong foundation to reimagine the space, whether you're considering a modern renovation, expansion, or long-term investment. Conveniently located near local amenities, schools, and commuter routes, adding to its long-term appeal. If youve been waiting for a project with potential and value-add opportunity, this is one you wont want to miss. Bring your imagination and make it your own!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,290 | 1,595 | 33% |
| Lot Size | 5,227 | 6,098 | 28% |
| Price | $328.9K | $542.5K | 13% |
| Price per sq ft | $255 | $343 | 18% |
| Built year | 1950 | 1974 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 206 | 1% |
Apr 17, 2026
$328,888
Initial Listing