1057 Topsail Drive, Vallejo, CA 94591, Vallejo, 94591 - 4 bed, 2 bath
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Vallejo, CA 94591
This Value-Add Residential Asset is listed at $450,000, representing a stable entry point aligned with its $446,559 Fair Market Value. Currently holding a Condition Rating of 5, the home requires substantial rehabilitation, presenting a clear path for forced appreciation in a competitive market. The Flexible 4-Bedroom Layout and separate living areas offer a versatile footprint for modernization, while proximity to Benicia High School adds significant long-term appeal. Optimized for FHA 203k Renovation Financing, this property serves as a high-upside project for Fix-and-Flip Investors or Contractors seeking to build equity in Vallejo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1057 Topsail Drive Subject | $450,000* List Price | 4 | 2 | 1,430 | $312 | - |
A 1048 Topsail Drive Sold | $545,000 | 4 | 2 | 1,430 | $381 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property exhibits significant deferred maintenance and requires substantial rehabilitation to be move-in ready. Built in 1987, the interior features original oak cabinetry and outdated appliances. The flooring is in very poor condition, with heavily stained carpets and sections of exposed subflooring. Additionally, the presence of boarded-up interior sections and the listing's recommendation for FHA 203k renovation financing indicate that the home needs major system and cosmetic updates.
The 1,430 square foot layout includes separate living and family rooms plus a dedicated dining area, providing versatile spaces for a home office or multi-generational living without sacrificing bedrooms.
Priced aggressively to reflect its current state, this property offers a significant opportunity for buyers to build immediate sweat equity by customizing the home to their own tastes rather than paying for a premium renovated product.
The property is specifically positioned as an ideal candidate for FHA 203k or Conventional Homestyle renovation financing, making it accessible for buyers who wish to bundle repair costs into their mortgage.
The home requires significant work and repairs, which may deter traditional buyers looking for a move-in ready residence and will necessitate immediate post-closing investment.
While some nearby schools carry higher ratings, others in the immediate vicinity are rated as low as 3, which could impact long-term resale value and appeal to education-focused families.
Opportunity knocks in Vallejo. Don't pass on this 4 bedroom, 2 bathroom home with 1,430 square feet and a full 2 Car garage perfect for the growing family. Inside, you will find separate living and family rooms, giving you a flexible living area that most homes don't have. Whether it is a space for the kids, a second TV area, or a quiet place to unwind, the separation makes a difference. There is also a dedicated dining area that can easily double as a home office, perfect for remote work or anyone needing a productive space without sacrificing a bedroom. The home does need some work, but that is where the value is. You are not paying for someone else's upgrades. You have the opportunity to make this home your own. Create equity in this tough market while making a space that fits your lifestyle. Priced aggressively to reflect condition, this property is a strong fit for FHA 203k or Conventional Homestyle renovation financing. For buyers looking to get more space for their money and grow into a home over time, this checks the boxes.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.8 mi
Grades 6-8 • 1.8 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 | 1,430 | 1,595 | 41% |
| Lot Size | 6,103 | 6,098.2 | 51% |
| Price | $450.0K | $542.5K | 28% |
| Price per sq ft | $315 | $343 | 35% |
| Built year | 1987 | 1976 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 206 | 1% |
Apr 13, 2026
$450,000
Initial Listing