
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $314,853 Fair Market Value by -26%. Featuring a 3-bedroom, 2-bathroom layout with a separate rear living area, this asset offers significant house-hacking potential. Despite a Condition Rating of 5, the proximity to the Vallejo Ferry Terminal ensures strong rental demand. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers capable of managing a major renovation to unlock long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1209 Sacramento Street Subject | $399,000* List Price | 3 | 2 | 1,258 | $250 | - |
A 1615 Marin Street Sold | $480,000 | 3 | 2 | 1,377 | $349 | 0.2 mi |
B 318 Butte Street Active | $439,000 List Price | 4 | 1 | 1,453 | $302 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1915, this 100+ year old property shows significant deferred maintenance. While some interior flooring has been updated, the exterior displays aged stucco, cracked concrete, and questionable structural supports in the rear. The listing's 'lots of potential' description and the lack of mentioned system upgrades suggest a need for a major rehab.
The unique layout features a separate rear living area, providing an excellent opportunity for 'house-hacking' or generating rental income to offset mortgage costs.
Situated just 3 minutes from the Vallejo Ferry Terminal, this property offers a highly desirable and convenient commute to San Francisco.
Priced under $400,000 for a 3-bedroom, 2-bathroom residence, this home serves as an affordable entry point into the Bay Area real estate market for first-time buyers or investors.
Built in 1915 and marketed as having 'lots of potential,' the property likely requires significant updates and repairs to address deferred maintenance and modernize the space.
The assigned local schools, including Lincoln Elementary and Vallejo High, have low ratings (2/10), which may be a deterrent for families prioritizing education.
Lots of potential for this 3bed/2bath home. One bedroom & bath upstairs with 2 rooms & bath located behind the kitchen area at the back. A door was installed separating the kitchen to the living area if you want to rent out the 2 bedrooms at the back for additional income. Just 3 mins away to Vallejo Ferry Terminal to SF.Come check it out.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.4 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,258 | 1,086 | 63% |
| Lot Size | 3,241 | 5,663 | 12% |
| Price | $399.0K | $415.0K | 43% |
| Price per sq ft | $317 | $356 | 29% |
| Built year | 1915 | 1937 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 225 | 2% |
May 27, 2026
$399,000
Initial Listing
Jun 7, 2013
$165,000
Public Record
Aug 5, 2010
$81,000
Public Record
Sep 7, 2005
$395,000
Public Record