1839 Illinois Street, Vallejo, CA 94590, Vallejo, 94590 - 3 bed, 2 bath
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This Value-Add Residential Asset is a Prime Investment Opportunity listed at $459,000—positioned well below the $471,027 Fair Market Value by 2%. This valuation gap provides $12,027 in Instant Equity for incoming buyers. While the property maintains a Functional Vintage Condition, its original hardwood floors and expansive 6,970 square foot lot offer significant upside for cosmetic modernization. Located near Highland Elementary, this home balances character with financial growth. It is perfectly suited for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1839 Illinois Street Subject | $459,000* List Price | 3 | 2 | 1,318 | $357 | - |
A 417 14th Street Sold | $435,000 | 3 | 2 | 1,221 | $356 | 0.5 mi |
B 1515 Illinois Street Sold | $530,000 | 3 | 2 | 1,580 | $335 | 0.2 mi |
C 1040 Highland Avenue Sold | $465,000 | 3 | 1 | 1,197 | $388 | 0.4 mi |
D 1005 Mariposa Street Sold | $555,000 | 4 | 2 | 1,838 | $302 | 0.2 mi |
E 1314 Ohio Street Active | $474,990 List Price | 3 | 2 | 1,513 | $314 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this home is aged but appears maintained, featuring classic hardwood floors and architectural charm. However, the listing lacks mention of recent major renovations to the kitchen, bathrooms, or mechanical systems, suggesting the property is functional but likely features outdated styles and components consistent with its vintage.
The property is situated on a desirable tree-lined street with excellent proximity to parks, schools, and easy access to I-80 for commuters.
With a lot size of nearly 7,000 square feet, the property offers significant outdoor space for gardening, entertaining, or potential expansion.
The home features classic hardwood floors and 1940s architectural charm, providing a solid foundation for aesthetic appeal and value.
The local high school carries a low rating of 2, which may impact the property's appeal to families and long-term appreciation.
Built in 1940, the home may require updates to major systems or more frequent maintenance compared to newer residential builds.
Charming 2-story, 3 bed 2 bath home on a beautiful tree-lined street. Centrally located by parks and schools and an easy jaunt off I80. With hardwood floors and a large lot, this home has so much to offer.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 9-12 • 0.5 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 | 1,318 | 1,159.5 | 61% |
| Lot Size | 6,970 | 5,772 | 70% |
| Price | $459.0K | $450.0K | 54% |
| Price per sq ft | $348 | $363 | 44% |
| Built year | 1940 | 1938 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 206 | 1% |
Mar 16, 2026
$459,000
Initial Listing
Jun 1, 2016
$320,000
Public Record
Jun 2, 2015
$275,000
Public Record