Hope everyone enjoyed yesterday’s Vallejo field trip, because we’re returning to the first California city to declare bankruptcy! Despite managing to stay current on its bond debt, any place of comedy gold such as homeowners pouring cooking oil on their fences to repel excess prostitutes has to have real estate worthy of the Burbed treatment.
And fortunately for you, Burbed reader sfbubblebuyer has found just the place. You are going to love this one.
745 Georgia St, Vallejo, CA 94590
SQ. FT.: 3,382
$/SQ. FT.: $228
LOT SIZE: 6,500 Sq. Ft.
YEAR BUILT: 1908
COMMUNITY: Vallejo Heights
ON REDFIN: 222 days
Located in the heart of Vallejo, this 3382 sq. ft home has 7 bedrooms and 2.5 baths in the Heritage Area of downtown. Extra rooms downstairs can serve as study and/or work rooms. Recently renovated, this home has hardwood floors. Escrow#502-7525 in Placer Title Vallejo
Here’s what sfbubblebuyer has to say about this house:
$770k to live in Vallejo. Still within walking distance of the hookers. It sold for 766, then foreclosed for under 300k. Then bought for even less, now flipped back on the market for more than the peak pricing.
Walking distance of the hookers? That’s not a bug, that’s a feature! Can you say… bordello? Come on, this place has 7 bedrooms, plus extra rooms downstairs that can definitely serve as study and/or work rooms. The property history came from BAREIS, wink wink nudge nudge. The agent all but spells it out: this home has hardwood floors.
Just imagine all the work you could get done in this one featured room alone, at left! Century-old brickwork ensures nobody leaves without payment in full.
Now look at this location, location, location for a high-traffic business!
See the lucky guy in the mirror on the left? Bet he didn’t know about the home’s built-in videocam system, clearly the inspiration for Vallejo’s plans to deal with aggressive street business. So not only will the city’s police efforts drive traffic to your (closed) doors, you can generate a second line of income by selling souvenir photos! Your clients will be delighted to pay premium rates for exclusive copies, too!
Don’t let a little thing like this place going pending after 222 days stop you! Obviously it’s not really in contract, since the listing history isn’t updated. That’s just a marketing trick to make you get more excited, wondering how firm the other offer really is. You need to batter down the agent’s door and make your best overbid so you can start doing Vallejo business now!