229 Roney Avenue, Vallejo, CA 94590, Vallejo, 94590 - 2 bed, 2 bath
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Vallejo, CA 94590
This Turnkey Cottage represents a Prime Investment Opportunity, listed at $419,950—positioned well below the $431,070 Fair Market Value by 2%. This valuation gap offers $11,120 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a refreshed interior with new flooring and paint, ensuring a move-in ready experience. Its strategic location near the Vallejo Ferry makes it an ideal asset for Buy-and-Hold Investors or first-time buyers seeking a stable, commuter-friendly residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 229 Roney Avenue Subject | $419,950* List Price | 2 | 2 | 1,084 | $398 | - |
A 317 Central Avenue Sold | $485,000 | 3 | 2 | 1,155 | $420 | 0.3 mi |
B 1011 Georgia Street Sold | $470,000 | 2 | 1 | 1,195 | $393 | 0.6 mi |
C 140 Tuolumne Street Sold | $400,000 | 3 | 2 | 1,076 | $372 | 0.2 mi |
D 700 Springs Road Sold | $380,000 | 2 | 1 | 789 | $482 | 0.3 mi |
E 108 Mayo Avenue Sold | $415,000 | 2 | 1 | 879 | $472 | 0.2 mi |
F 1121 Ohio Street Sold | $450,000 | 2 | 1 | 1,307 | $344 | 0.8 mi |
G 312 Central Avenue Pending | $399,000 List Price | 2 | 1 | 1,025 | $389 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1941, this property has received a recent cosmetic refresh (<5 years) including new interior/exterior paint and brand new laminate flooring. While the kitchen and baths are 'refreshed' with new fixtures and paint rather than fully remodeled (retaining older tile counters and cabinetry), the home is well-maintained and move-in ready.
The property features extensive recent updates including new interior and exterior paint, brand-new flooring throughout, and refreshed kitchen and bathrooms, offering a turnkey experience for buyers.
Ideally located near the Vallejo Ferry Terminal and I-80, providing easy access to San Francisco, Napa Wine Country, and major local employment hubs like CSU Maritime Academy.
The home is explicitly marketed as eligible for FHA, VA, and conventional financing, making it an accessible and highly attractive option for first-time homebuyers and military veterans.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The 3,484 sq ft lot is relatively small, which may be a drawback for buyers seeking significant outdoor recreational space or a large garden.
With 1,084 sq ft of living space divided over two floors, the interior footprint may feel constrained for families or those requiring a more spacious, open floor plan.
Welcome home to 229 Roney Ave, a beautifully refreshed 1941 detached cottage in the heart of downtown Vallejo. 2 bedrooms, 1.5 baths, 1,084 sq ft of two-level living on a low-maintenance 3,484 sq ft lot, with new interior and exterior paint, brand new flooring throughout, and a refreshed bath. Ideal for first-time buyers, FHA/VA/Conventional financed buyers, and investors alike. Step inside to a light-filled main level anchored by wide corner windows, mature treetop views, and the original multi-lite window character that makes this cottage sing. New wood-look laminate flooring flows throughout, crisp white trim and crown molding frame every wall, and a bright refreshed white kitchen features clean tile counters, freshened cabinetry, and a full appliance package. Upstairs, both bedrooms are freshly painted with new flooring, crown molding, and corner windows. The full bath has been refreshed with a new vanity, mirror, and fixtures. A convenient upper-level half bath rounds out the layout. Outside, a fully fenced backyard with mature shade tree offers a low-maintenance blank canvas for a garden, patio, or pet area. Attached 1-car garage with direct driveway access. Minutes to the Vallejo Ferry Terminal (SF Ferry Building in about 60 minutes), Mare Island, downtown Vallejo's Georgia Street, CSU Maritime Academy, and I-80. Quick access to Napa Wine Country, Six Flags Discovery Kingdom, and Travis AFB. FHA, VA, and conventional financing all welcome. Welcome home. Call your realtor to schedule a showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,084 | - |
| Lot Size | 3,485 | - |
| Price | $419.9K | $514.3K |
| Price per sq ft | $387 | $362 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 83 |
Jul 19, 2026
$419,950
Initial Listing
Sep 23, 2016
$232,000
Public Record