
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $587,000—positioned well below the $557,791 Fair Market Value by -5%. While the home carries a Fair Condition Rating and requires TLC, the 11,761 sqft lot provides significant upside for an ADU conversion. Recent capital improvements, including a 2018 roof and new windows, mitigate immediate maintenance risks. This asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through renovation and landscaping.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1032 Atherton Street Subject | $587,000* List Price | 3 | 3 | 1,978 | $282 | - |
A 306 Winchester St Active | $618,900 List Price | 5 | 4 | 2,238 | $277 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960 with kitchen and bath renovations that appear to be 15-20+ years old based on the cabinetry and tile styles. While the home features a newer roof (2018) and recent cosmetic updates including fresh paint and new carpet, the listing explicitly states the property 'needs some TLC' and the landscaping is unfinished, placing it in the fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1978.
The property sits on a generous 11,761 sqft lot featuring a large shed that offers excellent potential for a home office, gym, or future ADU conversion.
Key updates include a roof installed in 2018, six new dual-pane windows, fresh interior paint, and new carpeting, reducing immediate maintenance costs for the buyer.
The listing explicitly mentions the home needs 'TLC,' suggesting that beyond the cosmetic updates, there may be underlying repairs or modernization required.
The backyard is currently a blank slate requiring significant landscaping work, which may be a daunting project for buyers not looking for a major outdoor renovation.
This is a great house on a great lot! It does need some TLC, mostly minor, but it has been recently painted inside, new lighting, new carpet, and 6 new dual pane windows. The backyard is just waiting for a master gardener to come along and make it beautiful. Original hardwood floors in a very spacious dining room, gas stove and granite counter tops in kitchen, large rooms, 2 car garage. Great oversized shed in the backyard - maybe an office, workout room, or the start of an ADU? Roof installed in 2018. There really is a lot to love.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,978 | 1,479.515 |
| Lot Size | 11,761 | 6,467.939 |
| Price | $587.0K | $557.8K |
| Price per sq ft | $297 | $359 |
| Built year | 1960 | 1959 |
| HOA | $0 | $159 |
| Days on market | 33 | 46 |
Aug 7, 2026
$587,000
Initial Listing
Nov 24, 2021
$550,000
Public Record