1607 James Street, Fairfield, CA 94533, Fairfield, 94533 - 3 bed, 1 bath
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Fairfield, CA 94533
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $475,999—positioned above the $447,562 Fair Market Value. While the property requires updates, its Condition Rating of 4 and 6,534 sq ft lot offer significant value-add potential through an ADU or expansion. The inclusion of an Assumable VA Loan provides a unique financial advantage in the current market. This asset is ideal for Buy-and-Hold Investors or first-time buyers looking to leverage long-term equity growth in Fairfield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1607 James Street Subject | $475,999* List Price | 3 | 1 | 1,014 | $441 | - |
A 1949 New Jersey Street Sold | $460,000 | 3 | 2 | 1,160 | $397 | 0.9 mi |
B 1200 Truman Street Sold | $455,000 | 3 | 2 | 1,221 | $373 | 1.0 mi |
C 2384 Coronado Court Sold | $499,000 List Price | 3 | 2 | 1,124 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this 65-year-old property is well-maintained but dated. The interior shows older finishes and a 1950s-era 3-bed/1-bath configuration. While functional and move-in ready, it lacks recent major renovations to the kitchen, baths, or systems, placing it in the category of needing cosmetic and likely mechanical updates.
The property offers a rare financial advantage with a below-market assumable VA loan available for qualified buyers, significantly increasing affordability in a high-interest rate environment.
The 6,534 sq ft lot features no rear neighbors and provides ample space for RV/boat parking or the construction of an Accessory Dwelling Unit (ADU), offering excellent value-add potential.
Situated in the heart of Fairfield, the home is conveniently located near major commuter routes, schools, and shopping centers, making it an ideal spot for both residents and investors.
With only one bathroom serving three bedrooms, the home's layout may pose functional challenges for larger households or those accustomed to modern multi-bath configurations.
At 1,014 sq ft, the living space is relatively compact for a three-bedroom residence, which may limit appeal for buyers seeking spacious common areas or larger primary suites.
Welcome to this charming and well-maintained single-story home located in the heart of Fairfield! This lovely property features 3 bedrooms, 1 bathroom, and approximately 1,014 sq ft of living space, offering both comfort and functionality. It's an excellent opportunity for first-time buyers, investors, or anyone looking for a property with great potential. This home also offers a rare opportunity of having below the market assumable VA loan for qualified buyers! The spacious 6,534 sq ft lot with no rear neighbors provides plenty of room for outdoor entertaining, gardening, expansion possibilities, additional parking, and potential RV/boat parking or an ADU. The home offers a functional layout with a comfortable living area, a well-appointed kitchen, and generously sized bedrooms. It is conveniently located near schools, shopping centers, restaurants, parks, and major commuter routes.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 1,014 | 1,603 | 6% |
| Lot Size | 6,534 | 6,516.5 | 50% |
| Price | $476.0K | $522.5K | 36% |
| Price per sq ft | $469 | $317 | 95% |
| Built year | 1959 | 1974 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 215 | 1% |
May 22, 2026
$475,999
Initial Listing
Aug 30, 2019
$365,000
Public Record