
Vallejo, CA 94590
This Value-Add Townhouse Asset is listed at $233,606, providing a stable acquisition at its $233,606 Fair Market Value. Currently holding a Fair Condition Rating, the home requires cosmetic updates but offers a functional 3-bedroom layout that maximizes utility within its 988-square-foot footprint. The property’s location is a primary strength, situated only 0.07 miles from Federal Terrace Elementary School and near Vallejo High School. While the $386 HOA fee impacts monthly costs, the low entry price ensures exceptional affordability. This is a strategic opportunity for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 136 Calhoun Street Subject | $233,606* List Price | 3 | 1 | 988 | $236 | - |
A 2269 Sacramento Street Pending | $294,950 List Price | 3 | 1 | 988 | $299 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this property is approximately 46 years old and falls into the 'Fair' category. While the exterior appears to be maintained through regular upkeep, the age of the structure and the lack of documented recent renovations suggest that the kitchen, bathroom, and major systems are likely dated and show signs of wear. The property appears functional but would require minor updates and cosmetic repairs to meet modern quality standards.
Priced at $253,920, this property offers a rare and highly accessible entry point into the California housing market for first-time buyers or budget-conscious investors.
The property is located just 0.07 miles from Federal Terrace Elementary School, providing exceptional convenience and safety for families with young children.
Despite the compact 988 square foot footprint, the three-bedroom layout provides superior utility and higher rental demand compared to typical two-bedroom units in this price bracket.
The local high school carries a rating of 2, which may be a concern for families prioritizing educational performance and could impact long-term resale value.
The $386 monthly association fee represents a significant recurring expense relative to the low purchase price, impacting the overall monthly carrying costs for the owner.
Exceptional opportunity in Vallejo. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1978 | - | 0% |
| HOA | $386 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 31, 2026
$233,606
$253,920
-8% Price Drop
Initial Listing
Dec 22, 2025
$253,920
Initial Listing
Sep 2, 2003
$175,500
Public Record