551 Vallejo Avenue, Rodeo, California 94572, Rodeo, 94572 - 3 bed, 2 bath
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551 Vallejo Avenue
Rodeo, California 94572
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,174Sq Ft
5,775Lot Size
Property Price
LIST PRICE$549,888
EST. MARKET VALUE
$531,453
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $549,888—positioned well above the $531,454 Fair Market Value by -3%. Featuring a Full Basement with ADU potential and a 5,775 sq. ft. lot, the home requires a comprehensive rehab given its Condition Rating of 5. While the lack of central HVAC and dated finishes present challenges, the ground-floor bedroom and John Swett Unified School District location offer long-term utility. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Estimated Market Value
$531,453
Based on Realkey algorithm analyzing recent comparable sales in Rodeo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 551 Vallejo Avenue Subject 3 bd · 2 ba · 1,174 sqft · $453 | $549,888* List Price | 3 | 2 | 1,174 | $453 | - |
A 958 Viewpoint Blvd Sold 3 bd · 2 ba · 1,203 sqft · $532 · 0.5 mi | $640,000 | 3 | 2 | 1,203 | $532 | 0.5 mi |
B 248 Garretson Ave Sold 2 bd · 1 ba · 908 sqft · $449 · 0.6 mi | $408,000 | 2 | 1 | 908 | $449 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1948, this property shows significant signs of age and deferred maintenance. The kitchen and bathroom are highly dated with 30+ year old finishes, and the home relies on inefficient window/wall cooling and electric heating. Exterior structures are in a state of decay, and the overall condition requires a comprehensive rehab rather than minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Development Potential
The full basement offers a significant value-add opportunity to develop an in-law unit or ADU, providing potential for rental income or expanded living space subject to permits.
- Accessible Layout
The floor plan includes a convenient ground-floor bedroom, which is a highly desirable feature for multi-generational living or those seeking long-term accessibility.
- Functional Living Features
The home is equipped with practical amenities including an interior laundry area, a fireplace, and a one-car garage, maximizing the utility of the 5,775 sq. ft. lot.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Ratio
With only one full bathroom serving three bedrooms, the property may lack the convenience required for larger families or modern buyer expectations.
- Lack of Central HVAC
The property relies on window and wall units for cooling rather than a central system, which may impact energy efficiency and consistent climate control throughout the home.
About 551 Vallejo Avenue
Located in Rodeo, this 1,174 sq. ft. home offers three bedrooms, including a convenient ground-floor bedroom, and one full bathroom with both shower and tub options. A major feature is the full basement, which offers potential to be developed into an in-law unit or ADU, subject to applicable permits and approvals. The kitchen features tile countertops, a dishwasher, and a refrigerator, while laminate flooring extends throughout the main living areas. The living room includes a fireplace, and the interior laundry area adds everyday convenience. Situated on a 5,775 sq. ft. lot, the property includes a one-car garage and additional existing structures. Cooling is provided by window and wall units, with electric heating for year-round comfort. The open dining area provides a practical and functional layout without a separate formal dining room or family room. The home is located within the John Swett Unified School District. Highlights: -Full basement with potential ADU/in-law unit -1,174 sq. ft. living area, 3 bedrooms, including 1 ground-floor bedroom -1 full bathroom with shower and tub; 5,775 sq. ft. lot; Fireplace; Interior laundry -John Swett Unified School District
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,775 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Rodeo Unified Schools
Rodeo Hills Elementary School
Grades K-5 • 0.4 mi
3/10
Carquinez Middle School
Grades 6-8 • 2.6 mi
4/10
John Swett High School
Grades 9-12 • 2.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,174 | 1,361.857 |
| Lot Size | 5,775 | 6,654.857 |
| Price | $549.9K | $681.7K |
| Price per sq ft | $468 | $495 |
| Built year | 1948 | 1970 |
| HOA | $0 | $2.5K |
| Days on market | 28 | 55 |
Pricing History
Listed for Sale
Sep 26, 2026
$549,888
Initial Listing
Sold
Sep 15, 2011
$138,000
Public Record
Sold
Jun 20, 1994
$159,000
Public Record