
Vallejo, CA 94590
This 1928 bungalow represents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $471,639 Fair Market Value by 15%. This valuation gap provides $71,639 in Instant Equity for buyers ready to modernize the interior. While the home carries a Fair Condition Rating, it features a New Roof, Original Hardwood Floors, and a Large Backyard. This asset is a strategic acquisition for Fix-and-Flip Investors or first-time buyers seeking a value-add starter home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1425 Gordon Subject | $400,000* List Price | 2 | 1 | 920 | $513 | - |
A 108 Mayo Avenue Sold | $415,000 | 2 | 1 | 879 | $472 | 0.3 mi |
B 123 Campbell Avenue Sold | $312,000 | 2 | 1 | 934 | $334 | 0.2 mi |
C 105 Phelan Avenue Sold | $355,000 | 4 | 2 | 945 | $376 | 0.3 mi |
D 1005 Atherton Street Sold | $420,000 | 2 | 1 | 864 | $486 | 0.9 mi |
E 417 14th Street Sold | $435,000 | 3 | 2 | 1,221 | $356 | 0.4 mi |
F 2019 Georgia Street Sold | $290,000 | 2 | 1 | 910 | $319 | 0.2 mi |
G 1434 Beach Street Active | $475,000 List Price | 2 | 1 | 920 | $516 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1928 build that, while featuring a new roof and original hardwood floors, shows signs of being an aged starter home. There is no evidence of a recent full renovation of the kitchen or bathroom, and the property analysis suggests potential deferred maintenance on major systems like electrical and plumbing, consistent with a 'fair' rating for a well-maintained but outdated home.
The property features a brand-new roof, providing immediate peace of mind and reducing near-term maintenance costs for the incoming buyer.
A large backyard offers significant potential for gardening, outdoor entertaining, or play areas, which is a highly desirable feature for a starter home.
Original hardwood floors and vintage charm from its 1928 construction provide a warm, inviting aesthetic that appeals to buyers seeking character over modern cookie-cutter designs.
With only 920 square feet of living space and a single bathroom, the home may feel restrictive for growing families or those requiring dedicated home office space.
Given the home's 1928 vintage, buyers should anticipate potential needs for updates to aging infrastructure such as electrical, plumbing, or insulation systems.
NEW ROOF AND IT HAS A LARGE BACK YARD FOR THE STARTER FAMILY HARD WOOD FLOORS REALLY CUTE HOME FORM THE RIGTH BUYER
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 920 | 1,118 | 28% |
| Lot Size | 4,724 | 5,663 | 30% |
| Price | $400.0K | $450.0K | 30% |
| Price per sq ft | $435 | $369 | 68% |
| Built year | 1928 | 1937 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 206 | 1% |
Mar 10, 2026
$400,000
Initial Listing
Jan 12, 2023
$375,000
Public Record
Sep 23, 2016
$217,000
Public Record