
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $549,000—positioned well below the $527,916 Fair Market Value by -3%. While the property requires modernization due to its Fair Condition Rating, the Dual-Income Potential of two houses on one lot provides a clear path to cash flow. The Flexible Layout and Strategic Location near the SF Bay Ferry terminal make this a versatile Asset. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset their mortgage through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 Indiana Street Subject 0 bd · 0 ba · 1,905 sqft · $265 | $525,000* List Price | 0 | 0 | 1,905 | $265 | - |
A 1513 Santa Clara Street Sold 2 bd · 0 ba · 1,542 sqft · $282 · 0.3 mi | $435,000 | 2 | 0 | 1,542 | $282 | 0.3 mi |
B 1319-1321 Sacramento Street Active 0 bd · 0 ba · 1,804 sqft · $324 · 0.2 mi | $584,000 List Price | 0 | 0 | 1,804 | $324 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920, this property is significantly dated. The kitchen nook and bathroom show finishes, such as linoleum flooring and basic cabinetry, that appear to be 20-30 years old. While the structures are functional and currently habitable, the property requires cosmetic updates and likely system modernizations to meet current standards.
The property features two separate houses on a single lot, providing an excellent opportunity for rental income or multi-generational living.
Situated near the SF Bay Ferry terminal and downtown Vallejo, the location offers high appeal for commuters and easy access to local amenities.
The front house includes a basement with an in-law setup, including a kitchenette and bathroom, adding significant versatility to the living space.
Built in 1920, the property may require updates to aging infrastructure and systems to meet modern standards and efficiency.
The use of a tandem garage for the front house and alley access for the rear unit may present logistical challenges for residents with multiple vehicles.
Two Houses on One Lot! Great investment opportunity that is centrally located and in close proximity to downtown. Front house features 3 bedrooms, 1 bathroom upstairs. Main living area has a spacious living room with dining space, Kitchen with breakfast nook. Lower level has in law type setup with additional bedroom, living area, kitchenette and bathroom. Two car tandem garage. Back house is a 1 bedroom, 1 bathroom house with detached garage accessed off of the alley. Convenient location close to shopping, transportation and downtown restaurants, weekly Farmer's Market, waterfront festivals and SF Bay Ferry terminal.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.3 |
| Baths | 0.0 | 7.0 |
| Square foot | 1,905 | 2,231 |
| Lot Size | 6,499 | 6,533.667 |
| Price | $525.0K | $621.7K |
| Price per sq ft | $276 | $321 |
| Built year | 1920 | 1940 |
| HOA | $0 | $0 |
| Days on market | 40 | 83 |
Oct 13, 2026
$525,000
$549,000
-4% Price Drop
Initial Listing
Sep 14, 2026
$549,000
Initial Listing