114 Kentucky Street, Vallejo, CA 94590, Vallejo, 94590 - 2 bed, 1 bath
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Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $575,000—positioned well above the $460,730 Fair Market Value by -24%. Featuring a Fair Condition Rating, this 1900-built asset offers significant value-add potential through its 6,500 sqft lot, which supports ADU expansion and dual-unit rental income. With separate utility metering and a scenic water view, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants utilizing a house-hacking strategy to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 114 Kentucky Street Subject | $575,000* List Price | 2 | 1 | 845 | $545 | - |
A 8 Santa Paula Way Sold | $546,000 | 2 | 1 | 1,086 | $503 | 0.3 mi |
B 8 Santa Paula Way Sold | $546,000 | 2 | 1 | 1,086 | $503 | 0.3 mi |
C 247 Coughlan Street Sold | $510,000 | 2 | 1 | 1,008 | $506 | 0.6 mi |
D 215 Hampshire Street Active | $449,000 List Price | 2 | 1 | 913 | $492 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1900, the property shows signs of a renovation that is likely 20-25 years old. The kitchen features dated oak cabinetry and white appliances, and the bathroom utilizes older tile-in vanities and standard fixtures. While the interior appears well-maintained with some newer laminate flooring, the overall aesthetic is dated and will require modernization to meet current market standards.
Situated just one block from the waterfront with scenic water views, this property offers a highly desirable location with significant lifestyle and aesthetic appeal.
The large 6,500 sqft lot with alley access and dual-unit configuration provides excellent opportunities for high rental income, multi-generational living, or further ADU expansion.
Each unit is equipped with its own washer/dryer and separate PGE meters, simplifying property management and making it an ideal 'house-hacking' opportunity.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 845, other record living area = 1726.
With only 845 square feet of living space and a construction date of 1900, the interior may feel cramped and likely requires modernization of aging infrastructure.
The assigned public schools carry low performance ratings, which may be a drawback for families and could impact long-term appreciation compared to higher-rated districts.
Great opportunity to own 6,500 square feet lot 1 block from the waterfront. You can convert the two units into one 1700 sqft property or have multiple generations living in 1 property. Or you can live in 1 unit and rent out the other to help pay off your mortgage faster. Perfect for someone looking to buy now and eventually move up to a larger property and rent out both units for approximately $52,800/year. The location can't be beat & the lot is large enough to add a garage and an ADU. The lot goes all the way to the alley and has a parking structure. Each unit has it's own washer and dryer and PGE is metered separately.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.7 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 47% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 845 | 1,086 | 16% |
| Lot Size | 6,500 | 5,663 | 69% |
| Price | $575.0K | $420.0K | 85% |
| Price per sq ft | $680 | $356 | 96% |
| Built year | 1900 | 1937 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 225 | 2% |
May 26, 2026
$575,000
Initial Listing