
Vallejo, CA 94590
This property represents a High-Potential Investment Opportunity, listed at a List Price of $448,000—positioned above the $428,485 Fair Market Value. While the price reflects a premium, the asset is fully leased through Section 8, providing immediate, government-backed cash flow. With a Fair Condition Rating and a 5-bedroom, 3-bathroom layout, this unit maximizes rental voucher potential. Despite the $572 monthly HOA fee, the 2003 construction offers modern systems. This is a stable, income-generating Buy-and-Hold Asset ideal for Passive Income Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 Daniels Avenue Subject 5 bd · 3 ba · 1,702 sqft · $248 | $438,000* List Price | 5 | 3 | 1,702 | $248 | - |
A 712 Daniels Avenue Active 4 bd · 3 ba · 1,702 sqft · $217 · 0.0 mi | $370,000 List Price | 4 | 3 | 1,702 | $217 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old, placing it in the Fair category. The exterior and interior appear functional and well-kept for a tenant-occupied property, but it shows signs of being dated and requires minor repairs, such as a missing ceiling light fixture visible in the hallway.
The property is fully leased through Section 8 housing, offering investors a stable, government-backed income stream and immediate cash flow upon acquisition.
With 5 bedrooms and 3 bathrooms, this unit provides a rare high-capacity layout that is highly desirable for large families and maximizes rental voucher limits.
Built in 2003, the property is relatively new for the Vallejo market, likely featuring more modern building standards and systems compared to older area inventory.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The monthly HOA fee of $572 is significant and represents a fixed overhead cost that could impact the net return on investment and overall affordability.
With a lot size of only 1,568 square feet for a 1,702 square foot home, there is virtually no private yard space, which may limit appeal for certain tenant profiles.
Great growth opportunity.Price includes appliances. Fully leased through section 8 housing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 1.8 |
| Baths | 3.0 | 1.4 |
| Square foot | 1,702 | 929.471 |
| Lot Size | 1,568 | 921.588 |
| Price | $438.0K | $303.4K |
| Price per sq ft | $257 | $338 |
| Built year | 2003 | 1987 |
| HOA | $572 | $638 |
| Days on market | 43 | 88 |
Oct 23, 2026
$438,000
$448,000
-2% Price Drop
Initial Listing
Sep 11, 2026
$448,000
Initial Listing
Feb 4, 2025
$445,000
Public Record
Oct 27, 2004
$335,000
Public Record
Aug 28, 2003
$274,000
Public Record