
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $229,000—positioned well above the $185,053 Fair Market Value by -23%. Featuring a Fair Condition Rating, this 1988-built unit offers a functional layout with access to a swimming pool, gym, and private porch. While the high HOA fees and lower-rated local schools require careful financial planning, the proximity to the marina and commuter routes provides strong rental appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 405 Lighthouse Dr Subject | $229,000* List Price | 1 | 1 | 718 | $258 | - |
A 445 LIGHTHOUSE Drive Sold | $169,000 | 1 | 1 | 718 | $235 | 0.0 mi |
B 43 Rodgers Street Sold | $250,000 | 2 | 1 | 884 | $283 | 0.4 mi |
C 1 Frisbie Street 207 Sold | $220,000 | 2 | 2 | 964 | $228 | 0.6 mi |
D 511 Lighthouse Drive Active | $220,000 List Price | 1 | 1 | 718 | $306 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this property falls into the 'Fair' category as it is over 30 years old and maintains much of its original character without evidence of a recent comprehensive renovation. While the unit appears well-maintained and move-in ready, the kitchen and bathroom features, including cabinetry and fixtures, reflect older design standards. The property serves as a functional residence but requires cosmetic updates to meet modern 'Good' or 'Excellent' quality standards.
Ideally situated within walking distance to the marina ferry and near Highways 37 and 80, offering effortless access to San Francisco, Napa Valley, and the greater Bay Area.
The property includes a robust suite of amenities such as a swimming pool, gym, private garage, and dedicated storage, providing significant lifestyle value for a one-bedroom unit.
As a desirable ground-floor unit with a private porch, this home offers superior accessibility and a seamless indoor-outdoor flow compared to upper-level alternatives.
The monthly HOA fee of $711 is notably high relative to the listing price, which may impact buyer affordability and overall return on investment.
The local high school carries a low rating of 2, which could be a deterrent for some buyers and may affect the property's long-term appreciation potential.
Discover the charm of 405 Lighthouse Dr, Vallejo, a convenient lower unit retreat boasting a one-bedroom, one-bathroom unit. Relax on your private porch and enjoy amenities like a sparkling swimming pool, gym, garage, and storage. Ideally located near Highways 37 and 80 for perfect weekend getaways to nearby Napa Valley wine country, Mare Island, or a day at Six Flags Discovery Kingdom. Walking distance to the marina for effortless city ferry commutes. This is Bay living at its finest.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 43% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 718 | 894 | 29% |
| Lot Size | 689 | 689 | 50% |
| Price | $229.0K | $250.0K | 43% |
| Price per sq ft | $319 | $283 | 71% |
| Built year | 1988 | 1988 | 50% |
| HOA | $711 | $610 | 71% |
| Days on market | 352 | 232 | 0% |
Jun 27, 2025
$229,000
Initial Listing
Jun 15, 2023
$230,000
Public Record