500 Calaveras Street, Vallejo, CA 94590, Vallejo, 94590 - 0 bed, 0 bath
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500 Calaveras Street
Vallejo, CA 94590
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,866Sq Ft
6,499Lot Size
Property Price
LIST PRICE$645,000
EST. MARKET VALUE
$615,535
4% AboveMARKET VALUE
SUMMARY
This Triplex Residential Income Asset is a Strong Value Opportunity, listed at $645,000—positioned well above the $615,535 Fair Market Value by -4%. While priced slightly above market, the property features Owned Solar, a Sunroom, and a Game Room, offering significant utility savings and rental appeal. With a Condition Rating of 4, the unit requires cosmetic updates to modernize its vintage 1938 infrastructure. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in Vallejo.
Estimated Market Value
$615,535
Based on Realkey algorithm analyzing recent comparable sales in Vallejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Calaveras Street Subject 0 bd · 0 ba · 2,866 sqft · $215 | $645,000* List Price | 0 | 0 | 2,866 | $215 | - |
A 725 Louisiana Street Active 0 bd · 0 ba · 2,962 sqft · $245 · 1.0 mi | $725,000 List Price | 0 | 0 | 2,962 | $245 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1938, this triplex is well-maintained but dated. The bathroom features older fixtures and a basic acrylic shower stall, likely from a renovation 15-30 years ago. Systems appear dated with visible wall heaters and window AC units, though the addition of owned solar is a significant upgrade. The property is functional and move-in ready but requires cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
This triplex offers diverse rental options with a 3-bedroom main house, a 2-bedroom unit, and a studio, providing excellent cash flow flexibility for investors or owner-occupants.
- Sustainable Energy Upgrades
The main residence features owned solar panels, offering significant long-term savings on utility costs and increasing the property's overall value and appeal.
- Enhanced Living Features
The property includes premium additions such as a sunroom, a dedicated game room, and beautifully manicured landscaping, which distinguish it from standard multi-family listings.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The assigned public schools carry relatively low ratings, which may limit the property's appeal to families prioritizing high-performing educational districts.
- Vintage Infrastructure
Built in 1938, the property may require ongoing maintenance or capital improvements to its aging systems and structural components compared to newer builds.
About 500 Calaveras Street
Spacious 3 unit property. Main house has owned solar. Delightful sunroom off master bedroom. 3 bedrooms, 2 baths and game room. Second unit has 2 bedrooms and third unit a studio. Beautifully manicured landscaping.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1938
- Lot Size
- 6,499 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Vallejo Unified Schools
Highland Elementary School
Grades K-5 • 0.5 mi
4/10
Lincoln Elementary School
Grades K-5 • 1.0 mi
2/10
Grace Patterson Elementary School
Grades K-5 • 2.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.3 |
| Baths | 0.0 | 7.0 |
| Square foot | 2,866 | 2,231 |
| Lot Size | 6,499 | 6,533.667 |
| Price | $645.0K | $621.7K |
| Price per sq ft | $225 | $321 |
| Built year | 1938 | 1940 |
| HOA | $0 | $0 |
| Days on market | 46 | 83 |
Pricing History
Listed for Sale
Sep 10, 2026
$645,000
$645,000,000
-100% Price Drop
Initial Listing
Price Change
Sep 8, 2026
$645,000,000
Initial Listing
Sold
Mar 27, 1997
$4,500
Public Record