
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $390,000—positioned well below the $397,767 Fair Market Value by 2%. This valuation gap offers $7,767 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a comprehensive rehab to address deferred maintenance and vintage infrastructure. The expansive 7,501 sqft lot provides significant upside for future ADU development. This is a value-add acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 117 Hilborn Street Subject | $390,000* List Price | 3 | 1 | 1,132 | $351 | - |
A 318 Ohio Street Sold | $316,000 | 2 | 1 | 918 | $344 | 0.6 mi |
B 2002 marin Street Active | $340,000 List Price | 2 | 2 | 1,092 | $311 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 (76 years old) with no recorded renovations. The exterior shows significant deferred maintenance, including yard debris and overgrown weeds. While the interior hardwood floors appear functional, the property's age and lack of updates to the single bathroom and kitchen suggest a need for a comprehensive rehab of systems and finishes to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7501, living area = 1132.
The property's proximity to the Vallejo Ferry terminal provides convenient and scenic access to San Francisco, making it highly attractive for Bay Area commuters.
At 7,501 square feet, the expansive lot offers significant outdoor space and potential for future expansions, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
The 3-bedroom, 1-bathroom configuration may be a drawback for larger households and could limit the property's appeal compared to homes with a second bath.
Built in 1950, the home may require updates to its core systems or cosmetic finishes to meet modern buyer expectations and energy efficiency standards.
3 bedrooms 1 bath, large lot, close to Ferry
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,132 | 1,479.515 |
| Lot Size | 7,501 | 6,467.939 |
| Price | $390.0K | $557.8K |
| Price per sq ft | $345 | $359 |
| Built year | 1950 | 1959 |
| HOA | $0 | $159 |
| Days on market | 20 | 46 |
Aug 20, 2026
$390,000
Initial Listing
Feb 10, 2012
$75,000
Public Record
Dec 8, 2004
$286,000
Public Record