
Vallejo, CA 94590
This Versatile Single Family Residence is a Strong Value Opportunity, listed at $495,000—positioned well below the $538,196 Fair Market Value by 8%. This valuation gap offers $43,196 in Instant Equity. Featuring a Mint Condition Rating with a new roof, 200-amp electrical service, and high-end kitchen appliances, the home offers significant infrastructure upgrades. The flexible layout, including a heated room with a private entrance and a garden oasis, is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multigenerational living or home-business potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1316 Farrell Street Subject 3 bd · 3 ba · 1,531 sqft · $345 | $495,000* List Price | 3 | 3 | 1,531 | $345 | - |
A 140 Wallace Avenue Sold 3 bd · 2 ba · 1,227 sqft · $379 · 0.2 mi | $465,000 | 3 | 2 | 1,227 | $379 | 0.2 mi |
B 828 Grant St Sold 3 bd · 2 ba · 1,120 sqft · $388 · 0.9 mi | $435,000 | 3 | 2 | 1,120 | $388 | 0.9 mi |
C 1447 Ohio Street Sold 4 bd · 2 ba · 1,704 sqft · $363 · 0.6 mi | $618,000 | 4 | 2 | 1,704 | $363 | 0.6 mi |
D 229 Roney Avenue Sold 2 bd · 2 ba · 1,084 sqft · $369 · 0.4 mi | $400,000 | 2 | 2 | 1,084 | $369 | 0.4 mi |
E 401 Central Ave Pending 3 bd · 2 ba · 1,388 sqft · $306 · 0.1 mi | $424,950 List Price | 3 | 2 | 1,388 | $306 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1937, the property has undergone a comprehensive recent renovation (likely <5 years) including a new roof, complete electrical rewire with 200-amp service, partial repiping, and a new tankless water heater. The kitchen is updated with high-end Bosch and GE Profile appliances, and the bathrooms feature modern tiling and new fixtures, meeting the criteria for mint condition with no immediate maintenance required.
The property features significant infrastructure improvements including a full electrical rewire with 200-amp service, a new roof, and a high-capacity electric tankless water heater, offering peace of mind and modern efficiency.
With a primary suite office nook and a lower-level heated room featuring a private entrance and full bath, the home is perfectly suited for multigenerational living, a home business, or potential rental income.
The backyard is a rare find, boasting mature fruit trees, established vegetable beds, and a dedicated workshop shed, providing a turnkey environment for gardening enthusiasts and hobbyists.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1531, other record living area = 1041.
The garage is currently configured as a workshop/business space; while it can be converted back, the current lack of traditional indoor parking may be a drawback for some buyers.
Although the city allows for an ADU, the 4,722 sqft lot size may feel crowded if a new structure is added alongside the existing garden, shed, and mature trees.
Rarely does a home come along that truly has it all! Step inside this beautifully updated,freshly painted home and discover a warm, inviting layout filled with natural light, thoughtful upgrades and exceptional versatility.The main level welcomes you with a cozy living room featuring beautiful wood floors,a wood-burning fireplace and window coverings.The sun-filled dining area flows into the bright kitchen, complete with white cabinetry and high-end appliances, including a Bosch 800 Series dishwasher, GE Profile convection oven, five dedicated electrical circuits, and more. Upstairs, you'll find two comfortable bedrooms with ceiling fans and a shared bathroom with shower over tub.A few steps away is the spacious primary suite, featuring an attached room perfect for a home office, reading room, nursery, or private sitting area.The primary bathroom offers a beautifully tiled shower,while the private deck provides a wonderful spot to relax and enjoy views of the expansive backyard.The backyard is truly special, offering a garden oasis with mature fruit trees including fig, pomegranate, apple, and plum, along with several vegetable beds already producing fresh vegetables. A newly painted shed which is excellent workshop or storage space.The lower level adds even more flexibility, with an enclosed basement which includes laundry area, and abundant storage connecting to the renovated garage.The garage features four dedicated electrical circuits along the wall, making it ideal for a home business, workshop, hobby space, or other specialized use.The original exterior garage doors remain in place, allowing the space to be converted back to parking if desired.An additional heated room with its own full bathroom and private exterior entrance offers exceptional flexibility and could be ideal for guests,a home office,studio,multigenerational living,or potential rental use.Major upgrades provide peace of mind and modern functionality, including a complete electrical rewire with new 200-amp service,partially repiped with Uponor ProPEX, an electric tankless water heater with 100-amp service capable of supporting up to three showers simultaneously,new roof,fresh interior paint and new toilets.And there's more:the city allows an ADU, offering an exciting opportunity to further expand the property's potential.Sewer,pest and home inspections have been completed.Buyer to verify square footage,permits,ADU requirements and all other property information to Buyer's satisfaction
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,531 | 1,440.296 |
| Lot Size | 4,722 | 6,355.915 |
| Price | $495.0K | $529.2K |
| Price per sq ft | $323 | $358 |
| Built year | 1937 | 1959 |
| HOA | $0 | $142 |
| Days on market | 41 | 47 |
Sep 13, 2026
$495,000
Initial Listing
Jan 26, 2017
$280,000
Public Record
Sep 29, 2004
$290,500
Public Record
Oct 31, 2002
$284,000
Public Record