
Vallejo, CA 94590
This property presents a High-Potential Investment Opportunity with a List Price of $359,000—positioned well below the $374,763 Fair Market Value by 4%. This valuation gap offers $15,763 in Instant Equity. Featuring a Fair Condition Rating (4/10), the home includes an updated bathroom but requires modernization to reach its full potential. The 6,913 sq. ft. lot provides significant upside for expansion or an ADU. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 817 Colusa Street Subject 2 bd · 1 ba · 816 sqft · $459 | $359,000* List Price | 2 | 1 | 816 | $459 | - |
A 1310 Alabama Street Sold 2 bd · 1 ba · 1,003 sqft · $434 · 0.2 mi | $435,000 | 2 | 1 | 1,003 | $434 | 0.2 mi |
B 462 SPRINGS RD Sold 2 bd · 1 ba · 936 sqft · $385 · 0.3 mi | $360,000 | 2 | 1 | 936 | $385 | 0.3 mi |
C 1930 Ohio St Sold 3 bd · 2 ba · 1,066 sqft · $417 · 0.7 mi | $445,000 | 3 | 2 | 1,066 | $417 | 0.7 mi |
D 1810 Sutter Street Sold 2 bd · 1 ba · 824 sqft · $425 · 0.5 mi | $350,000 | 2 | 1 | 824 | $425 | 0.5 mi |
E 214 12th Street Pending 2 bd · 1 ba · 858 sqft · $478 · 0.7 mi | $410,000 List Price | 2 | 1 | 858 | $478 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, the property features a recently updated bathroom with modern fixtures and tile flooring. However, the exterior shows signs of deferred maintenance, and the lack of information regarding kitchen or system (HVAC/Electric) upgrades suggests the home is largely dated and requires minor repairs and modernization to be considered move-in ready by modern standards.
The property features a generous 6,913 sq. ft. lot, providing significant outdoor space and excellent potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
Priced at $359,000, this home offers a highly accessible entry point for first-time buyers and investors looking for a detached single-family residence in the Bay Area market.
The inclusion of an updated bathroom provides immediate value and reduces the need for initial renovation capital in one of the home's most essential spaces.
With only 816 sq. ft. of interior living area, the home's compact footprint may be a constraint for growing families or those requiring additional storage and workspace.
The assigned public schools have low performance ratings, which could be a significant drawback for families with children and may impact the property's long-term appreciation potential.
Welcome to 817 Colusa Street in Vallejo! This charming 2-bedroom, 1-bath home offers approximately 816 sq. ft. of comfortable living space and features an updated bathroom. Situated on a generous 6,912 sq. ft. lot, the property offers plenty of outdoor space and possibilities to make it your own. Conveniently located near shopping, dining, parks, schools, and transportation. A wonderful opportunity for first-time buyers, downsizers, or investors looking for a well-located Vallejo property with a spacious lot.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 816 | 1,440.296 |
| Lot Size | 6,913 | 6,355.915 |
| Price | $359.0K | $529.2K |
| Price per sq ft | $440 | $358 |
| Built year | 1938 | 1959 |
| HOA | $0 | $142 |
| Days on market | 18 | 47 |
Oct 6, 2026
$359,000
Initial Listing
Sep 27, 2017
$289,000
Public Record