209 Alhambra Avenue, Vallejo, CA 94591, Vallejo, 94591 - 5 bed, 2 bath
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Vallejo, CA 94591
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well above the $405,966 Fair Market Value by -10%. While the property is priced above market, its 5-bedroom, 2-bathroom layout offers significant utility for multigenerational living or rental income. Featuring a Condition Rating of 4, the home requires modernization to reach its full potential. With a spacious lot and proximity to I-80, this is a strategic asset for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 209 Alhambra Avenue Subject | $450,000* List Price | 5 | 2 | 875 | $464 | - |
A 426 La Jolla St Sold | $440,000 | 3 | 1 | 900 | $489 | 0.6 mi |
B 113 Laguna Street Sold | $405,000 | 3 | 1 | 1,040 | $389 | 0.0 mi |
C 108 Mesa Active | $495,000 List Price | 3 | 1 | 1,040 | $476 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1944, the property is functional and move-in ready but shows significant dating. The kitchen features oak-style cabinetry and laminate countertops likely exceeding 20 years in age. While the interior has been maintained with newer carpet and paint, the overall aesthetic and systems are dated and will require modernization.
The property features a highly flexible layout with a separate lower level containing 2 bedrooms and 1 bathroom, making it ideal for extended family, guests, or potential rental income.
A spacious backyard equipped with a storage shed and potential RV parking provides excellent utility for homeowners with recreational vehicles or additional storage needs.
Conveniently situated near I-80 and Highway 780, the home offers easy access for commuters while remaining close to local shopping, dining, and essential services.
With 5 bedrooms configured within a reported 875 square feet, the living spaces and individual rooms are likely very small, which may feel restrictive for larger households.
The assigned public schools carry low ratings (3-4 out of 10), which may be a significant drawback for families prioritizing education and could impact future appreciation.
Discover the possibilities at this unique South Vallejo property offers a flexible layout with 3 bedrooms and 1 bathroom upstairs (875 sq ft), plus an additional lower level featuring 2 bedrooms and 1 bathroom perfect for multigenerational living, extended family, guests, or potential income opportunities. Enjoy a spacious backyard with a storage shed and possible RV parking, all conveniently located near I-80, Hwy 780, shopping, dining, and schools. Lower Level 3D walkthrough: https://my.matterport.com/show/?m=B1kobKG1TFa&brand=0&ts=1
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 875 | 1,545 | 6% |
| Lot Size | 5,227 | 6,098.4 | 23% |
| Price | $450.0K | $525.0K | 33% |
| Price per sq ft | $514 | $333 | 93% |
| Built year | 1944 | 1966 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 224 | 1% |
Jun 3, 2026
$450,000
Initial Listing
Nov 22, 2017
$349,000
Public Record
Aug 13, 2008
$140,000
Public Record
May 25, 2006
$147,500
Public Record