
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $340,000—positioned well below the $334,613 Fair Market Value by -1.6%. While the property currently holds a Condition Rating of 6, requiring a total gut rehabilitation, the 6,500-square-foot lot and detached accessory unit provide significant value-add potential. This distressed asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to maximize the property's utility and future market appeal.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1159 Louisiana St Subject | $340,000* List Price | 3 | 2 | 1,124 | $298 | - |
A 318 Ohio Street Sold | $316,000 | 2 | 1 | 918 | $344 | 0.7 mi |
B 931 Carolina Street Active | $275,000 List Price | 1 | 1 | 874 | $315 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1941 and currently boarded up, this property is in unlivable condition. The interior shows significant damage including holes in the walls, missing fixtures in the bathroom, and heavily stained flooring. Given the age (>50 years) and the lack of recent renovations, it requires a total gut rehabilitation or represents land value for redevelopment.
Priced competitively at $340,000, this property offers significant equity-building opportunities for contractors or renovators looking to transform a fixer-upper in a central location.
The inclusion of a separate detached building provides versatile options for a home office, studio, or potential ADU conversion to generate rental income.
Situated on a 6,500-square-foot lot, the property offers ample outdoor space and room for potential expansion beyond the existing single-story footprint.
The property is currently boarded and requires a complete overhaul, which necessitates significant upfront capital and may limit financing options to cash or hard money loans.
The assigned elementary and high schools carry low ratings (2/10), which could be a concern for families and may affect the property's future resale appeal.
OWNER OCCUPANT until HUD opens. Great opportunity for a buyer looking for a property with potential to transform into something special. This single-story property sits on a good-size lot and features a main home with 3 bedrooms and 1 bathroom. The property is currently boarded and ready for renovation. There is also an additional detached building/unit on the property, providing additional space and exciting possibilities. Bring your vision, creativity, and contractor to explore the potential this property has to offer. With its single-story layout, good-size lot, and additional detached structure, this property presents a unique opportunity to create something special.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,124 | 1,479.515 |
| Lot Size | 6,500 | 6,467.939 |
| Price | $340.0K | $557.8K |
| Price per sq ft | $302 | $359 |
| Built year | 1941 | 1959 |
| HOA | $0 | $159 |
| Days on market | 18 | 46 |
Aug 22, 2026
$340,000
Initial Listing