2002 marin Street, Vallejo, CA 94590, Vallejo, 94590 - 2 bed, 2 bath
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Vallejo, CA 94590
This 1917 Contractor Special is a strategic Value-Add Asset situated on a prime Corner Lot in Vallejo. Offered at a List Price of $375,000, the property aligns with its $362,055 Fair Market Value, requiring a "Cash Only" acquisition due to its Condition Rating of 5. The 1,092 SqFt layout, Patio, and Detached Rear Structure provide a blank canvas for forced appreciation. With local renovated comparables exceeding $465,000, this project offers substantial equity potential for Fix-and-Flip Investors and Contractors seeking a high-upside renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2002 marin Street Subject | $375,000* List Price | 2 | 2 | 1,092 | $332 | - |
A 1113 Sacramento Street Sold | $323,000 | 2 | 1 | 1,092 | $296 | 0.5 mi |
B 517 Branciforte Street Active | $397,000 List Price | 2 | 1 | 1,083 | $367 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1917 property is explicitly marketed as a 'Contractor Special' and 'Cash Only,' indicating it is not in a condition to qualify for traditional financing. The listing description confirms it requires a full remodel. Exterior images reveal significant deferred maintenance, including a sagging roofline on the detached structure and weathered siding. The absence of interior photos typically suggests that the kitchen and bathrooms are in a state of severe disrepair or have been gutted, fitting the criteria for substantial rehabilitation.
The property is situated on a prime corner lot, offering enhanced curb appeal, increased natural light, and greater privacy compared to mid-block homes.
As a 'Contractor Special,' this home presents a major equity-building opportunity for investors or renovators to modernize a vintage 1917 structure and maximize its market value.
The inclusion of a detached rear structure provides excellent flexibility for a workshop, studio, or storage, offering additional utility and upside potential for the site.
The property is in need of a full remodel and is sold strictly as-is, which will require a substantial capital investment and experienced project management.
The 'Cash Only' requirement significantly limits the pool of potential buyers by excluding those who rely on traditional residential mortgage financing.
Contractor Special on a desirable corner lot! This property presents a true value-add opportunity for investors and experienced renovators ready to unlock its full potential. The home is ready for a full remodel and offers great potential for inverstors or contractors. With the right vision and improvements, this property can be reimagined into a highly desirable residence or income-producing asset. A detached rear structure (permit status unknown; buyer to verify) adds additional flexibility for workshop, studio, storage, or creative use, enhancing the overall upside potential. Sold strictly as-is. Cash Only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,092 | 1,118 | 48% |
| Lot Size | 5,000 | 5,663 | 35% |
| Price | $375.0K | $450.0K | 26% |
| Price per sq ft | $343 | $363 | 40% |
| Built year | 1917 | 1937 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 206 | 6% |
Mar 2, 2026
$375,000
Initial Listing