
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well above the $368,247 Fair Market Value by -8%. While the property requires significant rehabilitation due to its Condition Rating of 5, the expansive 9,207 sqft lot offers substantial ADU & Expansion Potential. The 1939 construction provides a unique aesthetic foundation for a full restoration. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a value-add strategy in a commuter-friendly location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 462 SPRINGS RD Subject | $360,000 | 2 | 1 | 936 | $394 | - |
A 1930 Ohio St Sold | $445,000 | 3 | 2 | 1,066 | $417 | 0.4 mi |
B 931 Carolina Street Active | $275,000 List Price | 1 | 1 | 874 | $315 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939 and explicitly marketed as a 'fixer' needing a 'makeover,' this property shows significant deferred maintenance. The interior features worn, dated carpeting and original-style windows, while the exterior and systems likely require a full rehabilitation to meet modern safety and functional standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9207, living area = 936.
Situated on a generous 9,207 sqft lot, the property offers significant potential for adding one or more Accessory Dwelling Units (ADUs), providing a path for rental income or multi-generational living.
The 1939 construction features high ceilings with wood accents and a charming front porch, offering a unique aesthetic foundation for a creative restoration project.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9207, other record lot size in square feet = 9147. Living area discrepancy between mls listing and other public or private record. mls listing living area = 936, other record living area = 1156.
As a designated 'fixer,' the home requires a substantial investment of time and capital to address its current condition and modernize the interior and exterior.
The local assigned schools, including the elementary and high school, currently hold low ratings, which may impact the property's appeal to families prioritizing education.
First home or starter investment? The choice is yours! This is a fixer with a future! This charming 2 bedroom fixer needs a makeover has a high ceiling with wood accent, a nice sized kitchen, 2 spacious bedrooms and attached garage. The front porch views is the large front yard, ready for its transformation into a garden. Bring your creativity and ideas to transform this to a to a charming residence. A bonus feature is the HUGE rear yard. Situated on almost a quarter acre, there may be potential for one or more ADUs (accessory dwelling units) for family or added income. Amenities in Vallejo include the scenic views, hiking trails, restaurants and shops land the Ferry, which may provide a cool eco-friendly option for commuters..
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 936 | 1,479.515 |
| Lot Size | 9,207 | 6,467.939 |
| Price | $360.0K | $557.8K |
| Price per sq ft | $385 | $359 |
| Built year | 1939 | 1959 |
| HOA | $0 | $159 |
| Days on market | 39 | 46 |
Aug 1, 2026
$399,000
Initial Listing
Nov 4, 2010
$70,000
Public Record
Jul 30, 2001
$182,000
Public Record