721 5th Street, Vallejo, CA 94590, Vallejo, 94590 - 4 bed, 1 bath
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Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well above the $344,922 Fair Market Value by 11%. While the property requires a full rehab due to its Condition Rating of 5, the 6,000-square-foot lot and 4-bedroom layout provide significant value-add potential. The home serves as a blank canvas for those looking to modernize aging systems. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with substantial upside in a competitive market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 721 5th Street Subject | $385,000* List Price | 4 | 1 | 1,476 | $234 | - |
A 706 Porter Street Sold | $490,000 | 4 | 3 | 1,782 | $275 | 0.1 mi |
B 1012 Pine Street Sold | $305,000 | 2 | 1 | 936 | $326 | 0.4 mi |
C 123 Campbell Avenue Sold | $312,000 | 2 | 1 | 934 | $334 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 (78 years old) with no mention of recent renovations. The listing's use of 'endless potential' and 'functional kitchen' are industry indicators for a property that is significantly dated and requires a full rehab. Given the age and lack of updates, systems and interiors likely exceed the 30-50 year threshold for major replacement.
Priced competitively at $385,000, this property offers a rare and affordable entry point for a four-bedroom home in the California market, making it highly attractive to first-time buyers and investors.
The 6,000-square-foot lot provides a substantial backyard, offering significant potential for outdoor entertaining, gardening, or future ADU development.
With nearly 1,500 square feet of living space and four dedicated bedrooms, the home provides a flexible floor plan that can easily accommodate a large family or multiple home office configurations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1476, other record living area = 1156.
The presence of only one bathroom for a four-bedroom residence is a significant functional drawback that may cause inconvenience for larger households and impact overall marketability.
Built in 1948 and described as having 'endless potential,' the property likely requires updates to its aging systems and finishes to meet contemporary living standards.
Charming 4 bedroom, 1 bath home filled with warmth, character, and endless potential. This inviting property features a spacious living area with a functional kitchen with ample cabinet space, and 4 bedrooms perfect for family, guests, or a home office. The cozy layout creates a comfortable atmosphere while maintaining practicality for everyday living. Outside, enjoy a large yard ideal for entertaining, gardening, or relaxing evenings. Conveniently located near schools, shopping, dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 86% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,476 | 1,086 | 76% |
| Lot Size | 6,000 | 5,881 | 53% |
| Price | $385.0K | $415.0K | 41% |
| Price per sq ft | $261 | $356 | 20% |
| Built year | 1948 | 1938 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 223 | 2% |
May 27, 2026
$385,000
Initial Listing
Sep 1, 2000
$96,000
Public Record