507 Central Avenue, Vallejo, CA 94590, Vallejo, 94590 - 3 bed, 2 bath
Loading property details...
Vallejo, CA 94590
This Significant Fixer-Upper Asset presents a High-Potential Investment Opportunity with a List Price of $360,000 and a $353,826 Fair Market Value. Currently holding a Poor Condition Rating, the property requires extensive rehabilitation to address deferred maintenance across its 1,908 sq ft interior. Key value-add features include a paid solar system, a private patio, and a flexible room for a potential 4th bedroom. Located near major commuter corridors, this project offers significant ROI potential for Fix-and-Flip Investors or Contractors looking to capitalize on the Vallejo market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 507 Central Avenue Subject | $360,000* List Price | 3 | 2 | 1,908 | $185 | - |
A 2015 Tennessee Street Pending | $379,000 List Price | 4 | 2 | 2,067 | $183 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1935-built property is a significant fixer-upper requiring extensive rehabilitation. Interior images reveal substantial deferred maintenance, including holes in walls with exposed studs, damaged hardwood flooring, unfinished drywall patches, and outdated electrical/utility configurations. The kitchen and bathrooms are in poor condition with aged fixtures and cabinetry, and the overall state of the home suggests it may not meet standard habitability requirements without a full renovation.
Ideally situated in the heart of Downtown Vallejo with immediate access to Highways 80 and 780, offering excellent commuter convenience and proximity to local shopping and dining.
The inclusion of a fully paid solar system provides significant long-term value and energy savings, a rare and desirable feature for a property at this price point.
With 1,908 square feet of living space and a flexible room that can serve as a fourth bedroom or office, there is substantial room to increase equity through strategic renovations.
Marketed as a true fixer-upper, the property requires a significant capital investment to address deferred maintenance and modernize the interior for resale or rental.
The current condition likely limits the buyer pool to cash investors or contractors, as it may not meet the safety and habitability standards required for traditional FHA or VA financing.
Investor opportunity in the heart of Central Downtown Vallejo! Ideally located near Highways 80 and 780, this 3-bedroom, 2-bath property offers approximately 1,908 square feet of living space and significant value-add potential. Situated in a prime, commuter-friendly location, the property includes a detached garage and an additional flexible room that may serve as a potential 4th bedroom, office, or expanded living area (buyer to verify). A paid solar system provides added long-term value and energy efficiency. This is a true fixer-upper and is best suited for investors, contractors, or buyers looking to renovate and capitalize on the strong upside potential. With its central location near downtown Vallejo, shopping, dining, and major transportation corridors, the property presents an excellent opportunity for resale or rental income. Bring your vision and transform this property into a standout investment. Opportunities in this location with this level of potential are increasingly rare. Schedule your showing today and explore the possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,908 | 1,195 | 90% |
| Lot Size | 5,401 | 5,663 | 44% |
| Price | $360.0K | $450.0K | 23% |
| Price per sq ft | $189 | $358 | 11% |
| Built year | 1935 | 1937 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 207 | 1% |
Apr 14, 2026
$360,000
Initial Listing
Apr 8, 2020
$395,000
Public Record
Aug 14, 2015
$275,000
Public Record
Feb 24, 2012
$96,000
Public Record
Aug 27, 1998
$107,000
Public Record
May 20, 1998
$108,000
Public Record