
Fairfield, CA 94533
This fourplex presents a High-Potential Investment Opportunity with a List Price of $949,000—positioned above the $882,339 Fair Market Value. While the property requires capital for aging infrastructure, it offers a stable 7.82% cap rate and a diverse unit mix of two 3-bedroom and two 1-bedroom units. With a Condition Rating of 4, the asset provides immediate cash flow for Buy-and-Hold Investors and Portfolio Managers seeking a centrally located, income-generating property in a high-demand Fairfield commuter corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 Tabor Ave Subject 0 bd · 0 ba · 3,402 sqft · $259 | $949,000* List Price | 0 | 0 | 3,402 | $259 | - |
A 1712 Fillmore St Sold 0 bd · 0 ba · 3,344 sqft · $269 · 0.5 mi | $900,000 | 0 | 0 | 3,344 | $269 | 0.5 mi |
B 1718 Fillmore Street Active 8 bd · 0 ba · 3,344 sqft · $284 · 0.5 mi | $951,150 List Price | 8 | 0 | 3,344 | $284 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974 (50 years old) with no mention of recent renovations to kitchens, baths, or major systems in the listing. While functional and currently income-generating, the exterior shows dated windows and older electrical meters, suggesting the property is in dated condition and requires minor repairs or updates to meet modern standards.
The property boasts an impressive estimated 7.82% cap rate with a gross monthly income of $8,200, offering immediate cash flow potential for investors.
Featuring a combination of two 3-bedroom and two 1-bedroom units, the property appeals to a wide range of tenants, from families to single professionals, reducing vacancy risk.
Situated centrally in Fairfield near major commuter routes, shopping, and dining, the location ensures high tenant demand and long-term desirability.
Built in 1974, the property may require significant capital expenditures for deferred maintenance or upgrades to major systems like plumbing, electrical, and roofing.
The property is listed at $949,000 after selling for $730,000 just two years prior, which may lead to appraisal challenges or closer scrutiny regarding the value-add improvements.
Rare opportunity to own a fourplex in Fairfield! This property features two three-bedroom, one-and-a-half-bath units and two one-bedroom, one-bath units, offering a versatile mix for investors. Current gross rental income is $8,200 per month, with an estimated 7.82% cap rate based on the stated annual NOI of $70,308. Ample parking and a central location near shopping, dining, and commuter routes add to its appeal. Explore the potential of this four-unit investment property
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 3,402 | 2,465.333 |
| Lot Size | 8,377 | 6,981.333 |
| Price | $949.0K | $759.0K |
| Price per sq ft | $279 | $317 |
| Built year | 1974 | 1961 |
| HOA | $0 | $0 |
| Days on market | 25 | 64 |
Sep 29, 2026
$949,000
Initial Listing
Oct 16, 2024
$730,000
Public Record