
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 | $579,950* List Price | 2 | 1 | 1,033 | $483 | - |
A 186 Fairmont Avenue Sold | $510,000 | 2 | 1 | 1,258 | $405 | 0.0 mi |
B 1930 Ohio St Sold | $445,000 | 3 | 2 | 1,066 | $417 | 0.7 mi |
C 1310 Alabama Street Sold | $435,000 | 2 | 1 | 1,003 | $434 | 0.7 mi |
D 118 El Verano Street Sold | $575,000 | 2 | 1 | 1,126 | $511 | 0.5 mi |
E 307 El Camino Real Active | $549,999 List Price | 3 | 2 | 1,285 | $428 | 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.
Authentic Spanish Colonial charm in appealing Fairmont Gardens. Tucked along a peaceful street, this distinctive home offers the character, craftsmanship, and elegant architectural details throughout. The main level features two bedrooms, one bathroom, beautiful original hardwood floors and abundant natural light, plus a spacious covered deck just off the kitchen—an inviting spot to enjoy the quiet surroundings. Downstairs, an impressive additional level offers four rooms and a full bathroom, along with a potential kitchenette and its own separate entrance. These downstairs spaces are not reflected in the public-record bedroom/bathroom count, offering exceptional flexibility for extended living, a home office or studio, guest accommodations, or potential rental use, subject to buyer verification and applicable requirements. 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 | 1,479.515 |
| Lot Size | 6,098 | 6,467.939 |
| Price | $580.0K | $557.8K |
| Price per sq ft | $561 | $359 |
| Built year | 1939 | 1959 |
| HOA | $0 | $159 |
| Days on market | 6 | 46 |
Sep 3, 2026
$579,950
Initial Listing
Mar 1, 2022
$606,000
Public Record
Apr 6, 2011
$160,000
Public Record