
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $229,900—positioned well below the $236,830 Fair Market Value by 2%. This valuation gap offers $6,930 in Instant Equity for buyers willing to address the Fair Condition Rating. Featuring an expansive private backyard and end-unit privacy, the asset requires a comprehensive rehab to maximize its rental or resale potential. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project in an established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 62 Parrott Street Subject 3 bd · 1 ba · 988 sqft · $240 | $229,900* List Price | 3 | 1 | 988 | $240 | - |
A 2251 Sacramento Street Active 3 bd · 1 ba · 988 sqft · $278 · 0.2 mi | $275,000 List Price | 3 | 1 | 988 | $278 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Property is nearly 50 years old (built in 1978) with no evidence of recent renovations. Interior images show significant cosmetic neglect, including heavily stained and soiled carpeting, worn hardwood flooring, and missing closet doors. The exterior wooden deck and backyard shed appear weathered and deteriorated, indicating the property requires a comprehensive rehab.
The property features an exceptionally large, fenced backyard with a raised wood deck and mature trees, offering rare outdoor living space and privacy for a condominium.
As an end unit, this home provides increased natural light and enhanced privacy with fewer shared walls compared to interior units.
Priced at $229,900 for a three-bedroom layout, this property offers a highly affordable entry point for first-time buyers or savvy investors in the Vallejo market.
With three bedrooms but only one bathroom, the home's layout may present logistical challenges for families or multiple occupants.
The $448 monthly association fee is relatively high in proportion to the listing price, which increases the total monthly carrying costs for the owner.
Charming 3-bedroom, 1-bath end-unit condominium in Hillcrest Park ready for an owner occupant or the savvy investor, offering 988 sq. ft. of living space and an exceptionally spacious private backyard. The two-story floor plan features a bright living room with hardwood flooring, a separate dining area, and a kitchen with white cabinetry and tile flooring. All three bedrooms are located upstairs. Enjoy the convenience of indoor laundry and the added privacy and natural light of an end unit. Step outside to a large, fenced backyard with mature trees, a raised wood deck, and plenty of room for outdoor entertaining, gardening, or simply relaxing. Conveniently located just steps from Terrace Park, with easy access to Highway 37, shopping, dining, and commuter routes. A great opportunity to own a home with generous outdoor space in an established Vallejo neighborhood.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.8 |
| Baths | 1.0 | 1.4 |
| Square foot | 988 | 929.471 |
| Lot Size | 436 | 921.588 |
| Price | $229.9K | $303.4K |
| Price per sq ft | $233 | $338 |
| Built year | 1978 | 1987 |
| HOA | $448 | $638 |
| Days on market | 26 | 88 |
Sep 28, 2026
$229,900
Initial Listing
Apr 19, 2018
$205,000
Public Record
May 4, 1994
$60,000
Public Record