
Vallejo, CA 94590
This Spanish Colonial Single Family Residence represents a High-Potential Investment Opportunity, listed at $579,950—positioned well above the $498,938 Fair Market Value. While the list price exceeds current valuation, the property offers significant upside through its Flexible Living Space, including a four-room lower level with a separate entrance. With a Condition Rating of 4, the home requires modernization, yet provides a unique foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the versatile floor plan for rental income or multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 161 Viewmont Ave Subject 2 bd · 1 ba · 1,033 sqft · $449 | $499,950* List Price | 2 | 1 | 1,033 | $449 | - |
A 186 Fairmont Avenue Sold 2 bd · 1 ba · 1,258 sqft · $405 · 0.0 mi | $510,000 | 2 | 1 | 1,258 | $405 | 0.0 mi |
B 1930 Ohio St Sold 3 bd · 2 ba · 1,066 sqft · $417 · 0.7 mi | $445,000 | 3 | 2 | 1,066 | $417 | 0.7 mi |
C 1310 Alabama Street Sold 2 bd · 1 ba · 1,003 sqft · $434 · 0.7 mi | $435,000 | 2 | 1 | 1,003 | $434 | 0.7 mi |
D 118 El Verano Street Sold 2 bd · 1 ba · 1,126 sqft · $511 · 0.5 mi | $575,000 | 2 | 1 | 1,126 | $511 | 0.5 mi |
E 930 Valle Vista Avenue Sold 3 bd · 1 ba · 1,280 sqft · $365 · 0.3 mi | $467,500 | 3 | 1 | 1,280 | $365 | 0.3 mi |
F 7 Howard Ave Active 4 bd · 3 ba · 1,258 sqft · $417 · 0.3 mi | $525,000 List Price | 4 | 3 | 1,258 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1939, this home retains original charm but features a dated kitchen with ~20-year-old oak cabinetry and older white appliances. While one bathroom has received a partial modern vanity update, the secondary bath and overall systems reflect a property that is functional but requires modernization and minor repairs to meet current standards.
The home features authentic Spanish Colonial architecture with original hardwood floors and elegant craftsmanship, offering a unique aesthetic in the desirable Fairmont Gardens neighborhood.
An expansive lower level with four rooms, a full bath, and a separate entrance provides significant potential for rental income, a home office, or multi-generational living.
A large covered deck and a spacious backyard with mature landscaping create an ideal environment for relaxation and entertaining, complementing the home's timeless character.
The significant downstairs living area is not reflected in the official bedroom and bathroom count, which may complicate financing or require buyer verification of permits.
The property is served by schools with lower academic ratings, specifically a 2/10 for the local high school, which may impact long-term resale value for families.
Extra living space not included in square footage!!! This home can accomodate a large family!! Plus, appreciate the authentic Spanish Colonial charm on a peaceful street in appealing Fairmont Gardens. Character, craftsmanship, and elegant architectural details throughout! The main level features two bedrooms and a stylish, updated bathroom in addition to the beautiful hardwood floors and spacious covered deck just off the kitchen—an inviting spot to enjoy the lovely rear yard. With this drastically reduced price, 161 Viewmont won't be available for long. Downstairs, note the four rooms and another full bathroom! These downstairs spaces are not reflected in the public-record bedroom/bathroom count, offering exceptional flexibility for extended living, a home office or studio or guest accommodations. The spacious backyard is surrounded by mature landscaping and includes ample storage, creating a private outdoor setting that complements the home's timeless character. Conveniently located for commuters with easy freeway access, the home provides an appealing combination of neighborhood tranquility, authentic architectural charm, and access to the Bay Area, San Francisco, and Napa.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,033 | 1,440.296 |
| Lot Size | 6,098 | 6,355.915 |
| Price | $499.9K | $529.2K |
| Price per sq ft | $484 | $358 |
| Built year | 1939 | 1959 |
| HOA | $0 | $142 |
| Days on market | 51 | 47 |
Oct 13, 2026
$499,950
$534,950
-7% Price Drop
Initial Listing
Sep 23, 2026
$534,950
$579,950
-8% Price Drop
Initial Listing
Sep 3, 2026
$579,950
Initial Listing
Mar 1, 2022
$606,000
Public Record
Apr 6, 2011
$160,000
Public Record