136 Calhoun Street, Vallejo, CA 94590, Vallejo, 94590 - 3 bed, 1 bath
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Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $198,000—positioned well above the $169,353 Fair Market Value by -16%. Featuring a Condition Rating of 5, this 3-bedroom, 1-bath residence requires significant capital investment to address deferred maintenance. Located just 0.07 miles from Federal Terrace Elementary, the asset offers proximity to community amenities like a pool. This project is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to modernize the 1978-built structure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 136 Calhoun Street Subject | $182,500* List Price | 3 | 1 | 988 | $202 | - |
A 1 Frisbie Street 207 Sold | $220,000 | 2 | 2 | 964 | $228 | 0.4 mi |
B 401 Lighthouse Drive Pending | $199,000 List Price | 2 | 2 | 918 | $217 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 (48 years old) with no mention of recent renovations and listed as an 'AS-IS' sale. Based on the age exceeding 30 years without updates and the low price point for the area, the property likely requires significant rehab of original systems, kitchen, and bath to address deferred maintenance.
Priced under $200,000, this property offers a rare entry-level opportunity in the California market, making it highly attractive for first-time buyers or budget-conscious investors.
The residence includes access to the Hillcrest Park HOA amenities, such as a community pool and covered carport parking, providing added value and lifestyle convenience.
Located just 0.07 miles from Federal Terrace Elementary School, the property offers unparalleled convenience for families with young children, minimizing daily commute times.
The 3-bedroom to 1-bathroom ratio is a significant drawback for larger households, potentially impacting daily functionality and future resale appeal.
The property is being sold in as-is condition, which suggests the potential for deferred maintenance and the need for immediate capital investment for repairs or modernization.
Presenting a distinct opportunity located in Vallejo... This 3-bedroom, 1-bath condo/townhome-style residence offers approximately 988 sq. ft. of living space across two levels in an established suburban community. Built in 1978, the property features wood-frame construction, composition roofing, public utilities, and covered parking/carport access. Community amenities reportedly include access to a pool within the Hillcrest Park HOA development. Conveniently situated near neighborhood services, schools, commuter corridors, and waterfront areas. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 988 | - |
| Lot Size | 436 | - |
| Price | $182.5K | $315.3K |
| Price per sq ft | $185 | $280 |
| Built year | 1978 | 0 |
| HOA | $386 | $0 |
| Days on market | 43 | 115 |
Jul 10, 2026
$182,500
$198,000
-8% Price Drop
Initial Listing
Jun 9, 2026
$198,000
Initial Listing
Sep 2, 2003
$175,500
Public Record