227 Evans Avenue, Vallejo, CA 94590, Vallejo, 94590 - 3 bed, 2 bath
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Vallejo, CA 94590
This Move-In Ready Single-Family Residence is a Prime Investment Opportunity, listed at $545,000—positioned well below the $560,166 Fair Market Value by 2%. This valuation gap provides $15,166 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features a versatile 1,749 sq ft layout, a large bonus family room, and solar panels. The generous 6,534 sq ft lot offers significant ADU development potential near the Vallejo Ferry Terminal. This is an ideal acquisition for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 227 Evans Avenue Subject | $545,000* List Price | 3 | 2 | 1,749 | $320 | - |
A 910 Virginia Street Sold | $505,000 | 3 | 2 | 1,884 | $268 | 0.7 mi |
B 706 Porter Street Sold | $490,000 | 4 | 3 | 1,782 | $275 | 0.7 mi |
C 542 Starr Avenue Sold | $435,000 | 3 | 2 | 1,894 | $230 | 0.4 mi |
D 215 Roney Ave Pending | $474,999 List Price | 3 | 2 | 1,639 | $290 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features recent cosmetic updates, including fresh interior paint and new carpeting. While the kitchen and bathrooms retain some dated elements—such as the electric coil cooktop, white appliances, and vintage wall tile in one bathroom—they are well-maintained and fully functional. The addition of solar panels and modern laminate flooring in the living areas further supports a 'good' condition rating for a home of this vintage.
The 1,749 sq ft layout includes a large bonus family room in addition to the separate living room, offering excellent flexibility for a home office, gym, or multi-generational living arrangements.
The property is ideally positioned for commuters with quick access to I-80, I-780, and the Vallejo Ferry Terminal, providing convenient links to San Francisco, the East Bay, and Napa Valley.
Situated on a generous 6,534 sq ft lot, the property offers significant outdoor space with the potential for future ADU development, providing a path for increased property value and rental income.
As a 1953 build, the home may require ongoing maintenance or upgrades to major systems like plumbing and electrical that are common for properties of this vintage, despite recent cosmetic updates.
The property is currently listed at $545,000, which is slightly below its 2022 sale price of $550,000, indicating a lack of recent appreciation and a potentially slower local market response.
Transparently priced to reflect current market conditions, 227 Evans Avenue presents a clear and compelling opportunity for buyers looking for value without the guesswork. Discover this move-in ready single-family home in Vallejo featuring 3 spacious bedrooms and 2 baths across approximately 1,749 sq ft. The functional layout includes a separate living room and a large bonus family room, ideal for entertaining, a home office, or multi-generational living. Set on a generously sized lot, the backyard offers room for outdoor enjoyment, gardening, and potential future ADU development (buyer to verify). Located on a quiet street with excellent commuter access to I-80, I-780, and the Vallejo Ferry Terminal, the home is also close to shopping, dining, parks, waterfront attractions, and regional destinations including Napa Valley and the East Bay. With fresh paint, new carpet, and versatile living spaces, this property combines move-in readiness, expansion potential, and a convenient, commuter-friendly location. Whether you're looking to move in, update over time, or maximize the home's full potential, this is an opportunity worth exploring.
No exterior & parking available.
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 | 1,749 | 1,159.5 | 80% |
| Lot Size | 6,534 | 5,772 | 66% |
| Price | $545.0K | $450.0K | 75% |
| Price per sq ft | $312 | $363 | 30% |
| Built year | 1953 | 1938 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 206 | 4% |
Mar 5, 2026
$545,000
Initial Listing
Oct 12, 2022
$550,000
Public Record
May 11, 2017
$300,000
Public Record