422 Monterey Street, Vallejo, CA 94590, Vallejo, 94590 - 2 bed, 1 bath
Loading property details...
Vallejo, CA 94590
This Tenant-Occupied Residential Asset provides a stable entry into the market with a List Price of $350,000, aligning with its $344,474 Fair Market Value. Holding a Condition Rating of 4, the home features a functional 973 sq ft layout with significant potential for forced appreciation through modernization. The existing month-to-month lease offers immediate rental income and flexibility for future occupancy. While local schools like Lincoln Elementary and Vallejo High have lower ratings, the accessible price point makes this a prudent acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 422 Monterey Street Subject | $350,000* List Price | 2 | 1 | 973 | $354 | - |
A 718 Monterey Street Sold | $450,000 | 2 | 1 | 1,004 | $448 | 0.2 mi |
B 1511 Napa Street Sold | $347,000 | 2 | 1 | 1,014 | $342 | 0.6 mi |
C 130 12th St Sold | $390,000 | 3 | 1 | 940 | $415 | 0.6 mi |
D 1121 Ohio Street Sold | $450,000 | 2 | 1 | 1,307 | $344 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, this property is nearly a century old and is marketed as an investor opportunity, suggesting it has not undergone recent major renovations. The exterior shows signs of deferred maintenance, such as overgrown weeds and older window frames. While currently tenant-occupied and functional, the home likely features outdated interior systems, kitchen, and bathroom fixtures consistent with a property that has been maintained but not modernized.
The property is currently tenant-occupied on a month-to-month lease, offering immediate rental income for investors or flexibility for owner-occupants planning a future move-in.
Listed at $350,000, this home represents a highly competitive entry-level price for a detached single-family residence in the California market.
The 973 sq ft floor plan provides a manageable and efficient living space, making it an ideal starter home or a low-maintenance addition to a rental portfolio.
The local assigned schools, including Lincoln Elementary and Vallejo High, have low performance ratings (2/10), which may affect long-term appreciation and appeal to families.
With a lot size of only 2,252 sq ft, the property offers very little yard space and limited potential for future expansions or significant outdoor amenities.
Investor or owner-occupant opportunity in Vallejo! Welcome to 422 Monterey St, a 2-bedroom, 1-bath home offering approximately 973 sq ft of living space. The property is currently tenant-occupied on a month-to-month lease, providing flexibility for investors seeking rental income or buyers considering future occupancy.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 973 | 1,118 | 34% |
| Lot Size | 2,252 | 5,663 | 9% |
| Price | $350.0K | $450.0K | 23% |
| Price per sq ft | $360 | $364 | 50% |
| Built year | 1927 | 1937 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 206 | 1% |
Mar 13, 2026
$350,000
Initial Listing