235 12th Street, Vallejo, CA 94590, Vallejo, 94590 - 2 bed, 2 bath
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235 12th Street
Vallejo, CA 94590
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
2,653Sq Ft
2,653Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$725,271
10% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a turnkey duplex listed at $650,000—positioned well below the $725,271 Fair Market Value by 10%. This valuation gap provides $75,271 in Instant Equity. Featuring a Mint Condition Rating following a $152,000 permitted renovation, the property includes new roofs, ductless mini-split HVAC, and modern interiors. With separate utilities and in-unit laundry, this asset is optimized for immediate cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, income-generating property.
Estimated Market Value
$725,271+$75,271 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Vallejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 235 12th Street Subject | $650,000* List Price | 2 | 2 | 2,653 | $273 | - |
A 415 Napa Street Sold | $625,000 | 0 | 0 | 2,055 | $304 | 0.9 mi |
B 435 Grant Street Sold | $465,000 | 4 | 0 | 1,872 | $248 | 0.9 mi |
C 620 Capitol Street Active | $650,000 List Price | 0 | 0 | 2,244 | $290 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a comprehensive $152,000 permitted renovation completed within the last year, featuring a new roof, new ductless mini-split HVAC systems, and completely updated interiors including kitchens, baths, and flooring, meeting the criteria for mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Permitted Renovation
A $152,000 methodical rebuild under permit ensures structural integrity and significantly reduces deferred maintenance risks for a new owner.
- Modern Infrastructure Upgrades
The property features a brand-new 2025 roof and high-efficiency ductless mini-split HVAC systems, providing long-term value and energy savings.
- Turnkey Income Potential
With in-unit laundry, fresh modern finishes, and separate utilities, the property is move-in ready for tenants, allowing for immediate cash flow.
CONSRISKS & DEFICIENCIES
- Limited Parking Capacity
The presence of only a one-car covered garage for two separate units may be a logistical challenge for multi-vehicle households.
- Restricted Unit Configuration
Both units are limited to a 1-bedroom/1-bathroom layout, which narrows the potential tenant pool to singles or couples and may cap total rental upside.
About 235 12th Street
Renovated Duplex | 1BD/1BA Each Unit | Turnkey Income Property This is not a property that was painted and listed. This is a property that was rebuilt - methodically, under permit, and with inspection at every stage. What you are seeing today is the finished product of a $152,000 construction project that touched nearly every system and surface of the building. Each Unit Offers: ● 1 bedroom / 1 bathroom (Unit A ~791 sqft and Unit B ~735 sqft) ● In-unit washer and dryer ● New laminate flooring (living areas) and carpet (bedrooms) ● New light fixtures and window blinds ● Fresh interior and exterior paint ● New porch and railing built to current code ● Detached one car covered garage ● New roof installed in October 2025, under City of Vallejo permit BP25-01383 dual system covering both low-slope and high-slope sections of the dwelling ● HVAC: Independently controlled ductless mini split system installed in each unit $13,000 investment
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 0
- Lot Size
- 2,653 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 6.0 |
| Baths | 2.0 | 7.0 |
| Square foot | 2,653 | 2,224.5 |
| Lot Size | 2,653 | 7,187 |
| Price | $650.0K | $602.5K |
| Price per sq ft | $245 | $334 |
| Built year | 0 | 1924 |
| HOA | $0 | $0 |
| Days on market | 5 | 100 |
Pricing History
Listed for Sale
Sep 4, 2026
$650,000
Initial Listing