474 LA JOLLA ST, Vallejo, CA 94591, Vallejo, 94591 - 3 bed, 1 bath
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Vallejo, CA 94591
This property presents a High-Potential Investment Opportunity with a List Price of $299,999—positioned well below the $405,970 Fair Market Value by 26%. This valuation gap offers $105,971 in Instant Equity for buyers. With a Condition Rating of 4, the home requires modernization of major systems and finishes to reach its full potential. The 3-bedroom layout and spacious backyard with views provide a solid foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking significant equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 474 LA JOLLA ST Subject | $299,999* List Price | 3 | 1 | 1,246 | $326 | - |
A 225 Gary Circle Sold | $317,000 | 3 | 1 | 1,140 | $278 | 0.5 mi |
B 1207 1/2 Warren Ave Sold | $300,000 | 2 | 2 | 981 | $306 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the property shows some cosmetic improvements such as updated laminate flooring and interior paint in the living areas. However, given the 70+ year age and the listing's emphasis on 'possibilities' and 'value,' the kitchen, bathrooms, and major systems (HVAC/Electric) are likely dated and require modernization to meet current standards.
Listed at $299,999, this property is priced significantly below its previous sale price of $500,000, offering a high-equity opportunity for investors or first-time buyers.
The home features a flexible bonus room and a spacious backyard with scenic views, providing excellent utility for a home office, hobby space, or outdoor entertaining.
Situated in the La Riviera subdivision with rapid freeway access and proximity to local shopping and dining, the property offers high convenience for daily commuting.
The 3-bedroom configuration is served by only a single bathroom, which may be a significant drawback for families and can limit the property's competitive edge.
The assigned public schools have low ratings ranging from 3 to 4 out of 10, which may deter families prioritizing educational quality and impact future resale value.
Experience comfort, convenience, and charm in this Vallejo gem featuring 3 bedrooms, 1 bathroom, and a versatile bonus room perfect for work or play. The spacious backyard offers beautiful views and plenty of room to relax, garden, or entertain. With quick freeway access, commuting is effortless, and nearby shopping, dining, parks, and entertainment make everyday living a breeze. Warm, inviting, and ideally located, this home delivers incredible value and endless possibilities. Don’t miss this fantastic opportunity.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,246 | 1,545 | 31% |
| Lot Size | 5,662 | 6,098.4 | 35% |
| Price | $300.0K | $525.0K | 12% |
| Price per sq ft | $241 | $333 | 17% |
| Built year | 1953 | 1966 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 224 | 1% |
Jun 10, 2026
$299,999
Initial Listing
Mar 25, 2024
$500,000
Public Record
Jul 31, 2018
$338,000
Public Record
Dec 5, 2003
$253,000
Public Record
Aug 15, 2001
$175,000
Public Record
Feb 23, 1994
$127,500
Public Record