1815 Ohio Street, Vallejo, CA 94590, Vallejo, 94590 - 3 bed, 2 bath
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Vallejo, CA 94590
This Value-Add Renovation Project is listed at $364,998, representing a stable entry point that aligns with its $364,539 Fair Market Value. Currently holding a Condition Rating of 5, the 1934-built residence requires a full interior modernization but offers a versatile 3-bedroom, 2-bathroom floor plan. The property’s eligibility for FHA 203(k) financing allows buyers to finance repairs and build equity in a high-demand commuter hub near the Vallejo Ferry Terminal. This is a high-upside acquisition perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1815 Ohio Street Subject | $348,999* List Price | 3 | 2 | 1,103 | $324 | - |
A 700 Springs Road Sold | $277,000 | 2 | 1 | 789 | $351 | 0.0 mi |
B 312 Central Avenue Pending | $399,000 List Price | 2 | 1 | 1,025 | $389 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1934, this property is explicitly marketed as a renovation project requiring substantial capital investment, evidenced by its eligibility for FHA 203(k) rehabilitation financing. Interior images reveal significant wear including heavily stained and damaged carpeting, missing light fixtures with exposed wiring, and worn hardwood floors. The exterior features a severely cracked and uneven driveway, and the absence of kitchen or bathroom photos typically indicates these high-value areas require complete modernization.
The property is eligible for VA and FHA 203(k) financing, offering a rare opportunity for buyers to build significant equity through renovations with low down payment options.
Conveniently located near the Vallejo Ferry Terminal and I-80, this home offers excellent accessibility for Bay Area commuters and is close to local shopping and amenities.
Positioned in a rapidly growing market with strong After Repair Value (ARV) potential, this 3-bedroom, 2-bathroom layout provides a solid foundation for value-add investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1103, other record living area = 953.
Built in 1934 and marketed as a value-add opportunity, the property likely requires substantial capital investment to modernize systems and finishes.
The assigned public schools carry low ratings (ranging from 2 to 4), which may limit the property's appeal to families and impact long-term appreciation.
Incredible investment opportunity in Vallejo! 1815 Ohio Street a 3/2 with 1,103 sqft on a 3,250 lot built in 1934 offers a prime chance to add value in a rapidly growing market. This is perfect for investors, or owner-occupants looking for a home. Eligible for VA, FHA 203(k) financing, ideal for those looking to build equity with low down payment options. With strong ARV potential, this property is full of upside. Conveniently located near the Vallejo Ferry Terminal, I-80 and shops. Don't miss this opportunity to build some equity!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,103 | 1,118 | 48% |
| Lot Size | 3,250 | 5,663 | 14% |
| Price | $349.0K | $450.0K | 23% |
| Price per sq ft | $316 | $363 | 31% |
| Built year | 1934 | 1937 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 206 | 1% |
Apr 17, 2026
$348,999
$364,998
-4% Price Drop
Initial Listing
Apr 4, 2026
$364,998
Initial Listing
Dec 23, 2011
$37,500
Public Record