
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $396,676 Fair Market Value by -25%. Featuring a Condition Rating of 5, the home requires a full rehab to address structural and cosmetic aging. However, the 6,970 sqft lot offers significant ADU Potential and expansion upside. While the local school district presents challenges, the Strategic Commuter Location near the SF Ferry ensures strong rental demand. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1939 Indiana Street Subject | $485,000* List Price | 3 | 1 | 1,399 | $309 | - |
A 1040 Highland Avenue Sold | $465,000 | 3 | 1 | 1,197 | $388 | 0.4 mi |
B 417 14th Street Sold | $435,000 | 3 | 2 | 1,221 | $356 | 0.4 mi |
C 105 Phelan Avenue Sold | $355,000 | 4 | 2 | 945 | $376 | 0.7 mi |
D 1839 Illinois Street Active | $459,000 List Price | 3 | 2 | 1,318 | $348 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939, this property is over 80 years old and retains mostly original or significantly dated features. The kitchen contains an outdated drop ceiling and old cabinetry, while the bathroom features original 1930s pink tile. A large structural crack is visible in the garage concrete slab, and the systems appear aged, indicating the home needs a full rehab to meet modern standards.
This 1939 Storybook home features timeless details including arched doorways, original hardwood floors, and vintage-inspired finishes that preserve its unique period charm.
The oversized 6,970 sqft lot provides a massive private backyard with established citrus trees and significant space for a potential ADU or outdoor expansion.
Ideally situated with easy access to the SF Ferry Terminal, I-80, and 780, making it a highly convenient option for Bay Area commuters.
The home features three bedrooms but only one full bathroom, which may be a drawback for modern families or impact future resale value.
The property is served by a high school with a low rating of 2, which could be a deterrent for families prioritizing local educational quality.
Charming Storybook Home in established Hanns Park with a HUGE private backyard and original 1930s character! Inside, timeless elegance shines with arched doorways and beautiful original hardwood floors. The inviting living room features a cozy fireplace and a stunning picture window. The formal dining room is perfectly sized for entertaining. The vintage-inspired kitchen includes a classic breakfast nook with a built-in china hutch. All 3 bedrooms are privately located upstairs. One is a unique wood-paneled room that would make an incredible home office, craft room, or sanctuary. The full upstairs bathroom offers a nostalgic pink tile design with both a shower and a tub. Outdoors, the massive backyard is a true showstopper offering a serene hideaway with decorative hedging, established citrus trees, and a generous amount of room for outdoor living. This blank canvas lot features a charming vintage wishing well and enough space for a dream garden, a new ADU, or the ultimate outdoor kitchen. The deep 1-car garage contains the laundry area with plenty of extra room for storage, plus a driveway for additional parking. Unbeatable location just minutes from Hanns Park trails and local favorites like Joy of Eating Cafe and Moschetti Coffee. You're also a short drive to the Historic Waterfront, the Saturday Farmers Market, and Mare Island. Perfect for commuters with easy access to the SF Ferry Terminal, I-80, and 780!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,399 | 1,086 | 75% |
| Lot Size | 6,970 | 5,881 | 71% |
| Price | $485.0K | $420.0K | 69% |
| Price per sq ft | $347 | $356 | 43% |
| Built year | 1939 | 1938 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 224 | 2% |
May 25, 2026
$485,000
$499,000
-3% Price Drop
Initial Listing
May 8, 2026
$499,000
Initial Listing