
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $399,900—positioned well below the $410,684 Fair Market Value by 2%. This valuation gap offers $10,784 in Instant Equity for buyers prepared to manage a comprehensive restoration. Featuring an expansive swimming pool and a 6,098 sqft lot, the home has a Condition Rating of 5, requiring significant capital to address fire damage. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 307 El Camino Real Subject 3 bd · 2 ba · 1,285 sqft · $320 | $399,900* List Price | 3 | 2 | 1,285 | $320 | - |
A 904 Valle Vista Avenue Sold 3 bd · 2 ba · 1,296 sqft · $293 · 0.3 mi | $380,000 | 3 | 2 | 1,296 | $293 | 0.3 mi |
B 1939 Indiana Street Sold 3 bd · 1 ba · 1,399 sqft · $331 · 0.7 mi | $463,000 | 3 | 1 | 1,399 | $331 | 0.7 mi |
C 930 Valle Vista Avenue Sold 3 bd · 1 ba · 1,280 sqft · $365 · 0.3 mi | $467,500 | 3 | 1 | 1,280 | $365 | 0.3 mi |
D 34 Hermosa Avenue Pending 3 bd · 2 ba · 1,562 sqft · $255 · 0.4 mi | $399,000 List Price | 3 | 2 | 1,562 | $255 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938, the property is currently unlivable due to fire damage. While partially cleared, the interior is stripped to the studs with exposed insulation, wiring, and plumbing. The bathroom is dated and requires a full gut, and the entire structure needs a comprehensive rehab.
Priced under $400,000, this property offers a significant equity-building opportunity for investors or contractors looking to restore a home in an established Vallejo neighborhood.
The property features an expansive swimming pool and a 6,098 sqft lot, providing the foundation for a premium backyard oasis once revitalized.
Much of the fire-damaged material has already been removed, saving the next owner time and labor costs during the initial phase of the renovation.
The home requires a complete restoration due to previous fire damage and is being sold in as-is condition, necessitating significant capital and construction expertise.
The assigned schools, including Vallejo High School, currently hold low ratings, which may impact the property's appeal to families prioritizing education.
Nestled in an established Vallejo neighborhood, this charming home is filled with character, possibilities, and the promise of a beautiful new beginning. Although the property previously sustained fire damage, much of the damaged material has already been removed, providing a head start for the next owner to complete the restoration and bring their vision to life. The property offers a wonderful opportunity to reimagine the living spaces, incorporate modern finishes, and restore the home's original charm while creating a personalized retreat. One of its standout features is the expansive swimming pool, awaiting revitalization to become a spectacular backyard oasisperfect for entertaining, relaxing, and making lasting memories with family and friends. With imagination, thoughtful planning, and the right improvements, this property has the potential to be transformed into a truly special residence. Whether you are an investor, contractor, or ambitious homeowner looking for a rewarding renovation project, this is an opportunity to create something extraordinary. A home with a story to tell, a future full of possibilities, and a place where beautiful new memories are waiting to be made. Bring your creativity and vision to unlock the potential of this hidden gem! Property is being sold in its present as-is condition. Buyers are encouraged to conduct their own investigations regarding the property's condition, fire damage, permits, pool, and restoration requirements.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,285 | 1,440.296 |
| Lot Size | 6,098 | 6,355.915 |
| Price | $399.9K | $529.2K |
| Price per sq ft | $311 | $358 |
| Built year | 1938 | 1959 |
| HOA | $0 | $142 |
| Days on market | 10 | 47 |
Oct 14, 2026
$399,900
Initial Listing
Jan 6, 2015
$370,000
Public Record
Jan 12, 2012
$165,000
Public Record
Apr 19, 2002
$320,000
Public Record