120 Mississippi Street, Vallejo, CA 94590, Vallejo, 94590 - 3 bed, 2 bath
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Vallejo, CA 94590
This Versatile Updated Bungalow is a Prime Investment Opportunity, listed at $475,000—positioned well below the $494,709 Fair Market Value by 3%. This valuation gap offers $19,709 in Instant Equity. The property boasts a Move-In Ready Condition featuring a Granite Kitchen and a unique Attached Master Suite with a separate entrance, ideal for rental income or multi-generational living. With a large lot providing significant ADU Potential, this home is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 120 Mississippi Street Subject | $525,000* List Price | 3 | 2 | 1,230 | $434 | - |
A 412 Ohio Street Sold | $499,000 List Price | 3 | 3 | 1,275 | 0.6 mi | |
B 121 California Street Sold | $380,500 | 3 | 1 | 1,262 | $302 | 0.5 mi |
C 8 Santa Paula Way Sold | $546,000 | 2 | 1 | 1,086 | $503 | 0.4 mi |
D 8 Santa Paula Way Sold | $546,000 | 2 | 1 | 1,086 | $503 | 0.4 mi |
E 307 El Camino Real Active | $549,999 List Price | 3 | 2 | 1,285 | $428 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1920s bungalow is move-in ready and has undergone significant recent cosmetic updates, including new flooring throughout, fresh interior and exterior paint, and refreshed kitchen and bathrooms. The kitchen features new granite countertops and a modern stainless steel sink, though it retains older-style cabinetry. While the home is well-maintained and updated for modern living, the presence of older wall heating units and the 1920 build date keep it in the 'good' category rather than 'excellent'.
The unique attached master suite features a separate entrance and direct street access, providing an ideal setup for multi-generational living, a private guest wing, or potential rental income.
The property has been extensively updated with new flooring, fresh interior and exterior paint, and a refreshed kitchen with granite countertops, minimizing immediate post-purchase costs.
Situated on a generous 5,998-square-foot lot, the ample backyard offers significant space for family events and the potential to add a detached Accessory Dwelling Unit (ADU).
Built in 1920, the home may have underlying structural or utility components that require more maintenance compared to modern builds, despite the recent cosmetic refreshments.
At 1,230 square feet for a three-bedroom layout, the interior living spaces and individual rooms may feel somewhat constrained for larger families or those requiring expansive common areas.
Welcome to 120 Mississippi St. Updated and move-in ready, this 3-bedroom, 2-bathroom bungalow offers modern living with unique flexibility. The interior features new flooring throughout, fresh interior and exterior paint, and a refreshed kitchen complete with new granite countertops. Both bathrooms have been fully refreshed with modern finishes. The property includes a sunroom perfect for an office or additional living space. A standout feature is the additional attached master suite which includes its own separate entrance and direct street access, providing an ideal setup for multi-generational living or a private guest wing. This home sits on an ample-sized backyard, offering plenty of space for family events or the potential to create a detached ADU. Located with quick access to Highway 37 and minutes from major shopping centers, this home is perfectly positioned for commuters and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,230 | 1,159.5 | 55% |
| Lot Size | 5,998 | 5,772 | 53% |
| Price | $525.0K | $450.0K | 70% |
| Price per sq ft | $427 | $369 | 68% |
| Built year | 1920 | 1937 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 206 | 1% |
Apr 3, 2026
$525,000
$475,000
+11% Price Increase
Initial Listing
Mar 18, 2026
$475,000
Initial Listing
Sep 30, 2015
$270,000
Public Record
May 31, 2007
$189,500
Public Record
Apr 18, 2007
$547,500
Public Record