108 Mesa Street, Vallejo, CA 94591, Vallejo, 94591 - 3 bed, 1 bath
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Vallejo, CA 94591
This Value-Add Residential Asset is listed at $425,000, positioned relative to a $376,248 Fair Market Value. Carrying a Condition Rating of 5, this "As-Is" short sale requires a comprehensive interior overhaul but offers significant upside through its 5,662 sq ft lot and potential for forced appreciation. Located near Beverly Hills Elementary, Franklin Middle School, and Jesse M. Bethel High, the property is well-situated for long-term residential demand. This project represents a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on Vallejo's investment potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 Mesa Street Subject | $425,000* List Price | 3 | 1 | 1,040 | $359 | - |
A 113 Laguna Street Sold | $405,000 | 3 | 1 | 1,040 | $389 | 0.1 mi |
B 2936 IRWIN Street Sold | $330,000 | 3 | 1 | 936 | $353 | 0.8 mi |
C 112 Laurel St Sold | $300,000 | 3 | 1 | 875 | $343 | 0.1 mi |
D 120 Sunset Ave Sold | $400,000 | 4 | 3 | 1,216 | $329 | 0.6 mi |
E 809 Maple Avenue Active | $469,000 List Price | 3 | 1 | 1,000 | $469 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1944 and offered as an 'As-Is' short sale, this property is over 80 years old with no evidence of recent renovations. Interior photos show significant wear on original hardwood floors and dated wall finishes. The listing's focus on 'investors' and 'upside potential' confirms the need for a full rehab of the kitchen, bathroom, and likely aging systems.
Listed at $425,000—well below its 2022 sale price of $495,000—this property offers substantial equity upside for investors or buyers looking to build value through renovation.
The 5,662 sqft lot includes a generous backyard, providing a rare opportunity in this price point for gardening, expansion, or the addition of an Accessory Dwelling Unit (ADU).
The home is exceptionally well-located for families, situated within walking distance (less than 0.7 miles) of both Beverly Hills Elementary and Franklin Middle School.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1040, other record living area = 875.
As a short sale sold in 'As-Is' condition, buyers should expect a potentially lengthy bank approval process and the need for immediate capital to address deferred maintenance.
The 3-bedroom, 1-bathroom configuration may be a drawback for modern families or multi-generational households, potentially limiting the property's rental or resale appeal.
Short sale opportunity! Sales "As-Is" This 3-bedroom, 1-bath home offers 1,040 sq ft of living space and is perfect for first-time buyers or investors looking for value and upside potential. The functional floor plan includes a bright living area, comfortable bedrooms, and a spacious backyard with room to customize or expand. Conveniently located near schools, shopping, parks, and major commuter routes. With a little vision, this property can truly shine — don’t miss this opportunity to own at an attractive price.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,040 | 1,545 | 19% |
| Lot Size | 5,662 | 6,098.4 | 35% |
| Price | $425.0K | $525.0K | 30% |
| Price per sq ft | $409 | $333 | 75% |
| Built year | 1944 | 1966 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 120 | 222 | 12% |
Feb 14, 2026
$425,000
Initial Listing
Jun 16, 2022
$495,000
Public Record
Aug 25, 2010
$130,000
Public Record
Apr 30, 2009
$70,000
Public Record
Feb 4, 2004
$172,000
Public Record