
Vallejo, CA 94590
This Classic Craftsman represents a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $517,461 Fair Market Value by 3%. This valuation gap offers $18,461 in Instant Equity. Featuring a Mint Condition Rating with recent infrastructure updates, the property includes professional architect plans for a two-bedroom, one-bath basement expansion. This "house hack" potential makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth through strategic, permitted renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1612 Napa Street Subject | $499,000* List Price | 3 | 1 | 1,267 | $408 | - |
A 1121 Ohio Street Sold | $450,000 | 2 | 1 | 1,307 | $344 | 0.3 mi |
B 1011 Georgia Street Sold | $470,000 | 2 | 1 | 1,195 | $393 | 0.7 mi |
C 935 Virginia Street Sold | $532,000 | 3 | 2 | 1,258 | $423 | 0.6 mi |
D 717 Ohio Street Sold | $369,000 | 2 | 1 | 884 | $417 | 0.3 mi |
E 939 Ohio St Pending | $479,900 List Price | 3 | 2 | 1,314 | $365 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1923, the property underwent a comprehensive renovation between 2018 and 2021. Key systems including the roof, plumbing, water heater, and furnace are all less than 8 years old. The interior features a modern gourmet kitchen with high-end stainless steel appliances, a spa-inspired remodeled bathroom, dual-pane windows, and updated flooring throughout, placing it in mint, move-in-ready condition.
The property includes professional architect plans to add two bedrooms and a second bathroom in the high-ceiling basement, offering immediate value-add potential for investors or growing families.
This move-in ready home features a remodeled gourmet kitchen and spa-inspired bath, complemented by critical infrastructure updates including a new roof, plumbing, furnace, and water heater (2018-2021).
Built in 1923, the home retains its timeless appeal with original built-in cabinetry, a large picture window, and a cozy upstairs porch, blending vintage charm with modern designer finishes.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
While marketed as a three-bedroom home, the property is officially taxed as a two-bedroom due to the third room lacking a closet, which may affect appraisal values and financing.
The current layout provides only one bathroom for the entire residence, which may be a functional drawback for larger households until the lower-level expansion is completed.
Cheery Classic Craftsman Nestled on 1612 Napa St. ROOM TO EXPAND for Contractor, Investor, HO or growing family! What a valuable find! Not only is this spacious, attractively remodeled *3-BED. / 1-BA CLASSIC CRAFTSMAN, (with cozy upstairs porch to sip a drink & watch the sunset), "Move-In" Ready, BUT, Seller paid local Prof. ARCHITECT to DESIGN PLANS to ADD more rooms & extra bath downstairs! So new HO or Investor may want Contractor to submit Architect Plans for City Permit Approval adding 2nd BATH PLUS 2 BEDROOMS downstairs in the full, partially completed above-ground Basement/Garage with 8-ft ceilings & choose to live above while remodel below. (*Seller says will provide Prof. Architect Drawings / Plans to new owner at no extra cost). Nearly 1300 sq' already renovated upstairs in Living Area alone! This Cute Craftsman has the classic 1920's period-style touches like Built-in wood & glass cabinets in formal Dining area & big Picture Window in the cozy open-combo Living Room, and comfortable corner bedroom over-looking front porch, + 2 other rooms with window views of backyard. Remodeled Craftsman enjoys a striking customized gourmet Kitchen w/ deep Farm-house SS Sink, matching Gas stove w/ big Chef Hood & 2-Door SS Fridge. Plus has stylish Jack & Jill updated Bath between bedrooms and comfortable, tasteful flooring and classy designer grey paint with white-trimmed woodwork throughout. Recent Improvements: New ROOF, New PLUMBING, New Water Heater & Custom Blinds (2021-2019) + per 2018 MLS COMPLETELY RENOVATED Spa-Inspired tiled BATH, Updated KITCHEN, NEW FLOORING, Dual Pane Windows, NEW FURNACE etc. (RE. Upstairs *BONUS ROOM - MLS states *3-Bedrooms but shows Taxed as *2-Bed. (No closet). Seller used 3rd room as Office / Dayroom - lots of light from generous windows that look upon the double-fenced Backyard with a 'cattle' side gate. NEW Deck-Stairs firmly lead to separate entrance (ck w/ City for poss. ADU, In-law, Rental Unit?) Basement, Garage & Workshop combo. have several windows & plenty of Garage/Storage space. Metal Shelving STAYS! Large washtub in garage peers out at big yard. Backyard boasts privacy, security, two raised garden beds & an inviting level area to Entertain, Garden, or Relax! Nearby EZ Non-stop, Bay Area Commuter Bus, SF-Val Ferry, Carpool (I-80, Hwy 29 & 37). This Cheery, Classic Craftsman Nestled on Napa St. in Vallejo's convenient GARDEN Neighborhood is ready for many, but ESPECIALLY THIS ONE IS FOR YOU! Asking 499K (O.B.O.)
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,267 | - |
| Lot Size | 3,690 | - |
| Price | $499.0K | $514.3K |
| Price per sq ft | $394 | $362 |
| Built year | 1923 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 83 |
Jun 22, 2026
$499,000
Initial Listing
Dec 28, 2018
$422,000
Public Record
Apr 25, 2018
$325,000
Public Record