
Fairfield, CA 94533
This 2-bedroom, 1-bath condominium represents a Strong Value Opportunity, listed at a List Price of $190,000—positioned well below the $190,947 Fair Market Value by 0.5%. With a Condition Rating of 3, the unit features recent cosmetic upgrades including new flooring and appliances. The property offers a unique "house hack" potential, allowing for flexible multi-generational living or rental income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with convenient access to Travis Air Force Base.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1625 Park Lane #23 Subject | $190,000* List Price | 2 | 1 | 794 | $240 | - |
A 423 Gregory Ln 30 Active | $198,500 List Price | 2 | 1 | 794 | $250 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1974, this unit has received recent cosmetic renovations including new laminate flooring, carpet, fresh paint, and brand-new kitchen appliances. While the kitchen cabinets and tile countertops are dated, the interior is move-in ready. The balcony is currently undergoing structural repairs to meet safety codes, and the presence of baseboard heating and window AC units reflects the property's age.
The unit features significant recent improvements including fresh interior paint, new laminate flooring, new carpet, and brand-new kitchen appliances, minimizing immediate capital expenditures for a buyer.
The rare opportunity to purchase both this vacant unit and the tenant-occupied unit below offers unique flexibility for multi-generational living or a high-yield addition to a rental portfolio.
Conveniently located near Travis Air Force Base with quick access to Highways 12 and 80, this property is ideally positioned for high rental demand and easy commuting.
The monthly association fee of $506 is relatively high compared to the listing price, which may impact cash flow for investors and overall affordability for budget-conscious buyers.
The reliance on a communal coin-operated laundry facility rather than in-unit hookups may be a drawback for modern owner-occupants and could limit the property's competitive edge in the rental market.
Rare opportunity! The same owner is offering both this upstairs Unit 23 and downstairs Unit 17 for sale! A unique opportunity for investors, owner-occupants, or multigenerational living. Live in this vacant upstairs unit while generating rental income from the tenant-occupied downstairs unit, or purchase both as a smart addition to your investment portfolio. Opportunities like this are hard to find! This beautifully updated upstairs 2-bedroom, 1-bath condo is tucked away in the back of this gated community. This move-in-ready home features fresh interior paint, new laminate flooring, new carpet, and brand-new kitchen appliances, including a refrigerator, electric range, range hood, and dishwasher. The private balcony is currently being upgraded in accordance with California Health and Safety Code requirements, providing added peace of mind. HOA dues include water, sewer, and garbage, along with access to the community pool, covered assigned parking, one unassigned parking spot, and a spacious on-site coin-operated laundry facility. Conveniently located near downtown Fairfield, Allen Witt Park, shopping, and Downtown Theater! Enjoy charming local spots offering wine, beer and great dining! Close to Travis Air Force Base, and with quick access to Highways 12 and 80, this home offers comfort, convenience, and exceptional investment potential. Don't miss out!
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 794 | - |
| Lot Size | 436 | - |
| Price | $190.0K | $346.4K |
| Price per sq ft | $239 | $302 |
| Built year | 1974 | 0 |
| HOA | $506 | $0 |
| Days on market | 26 | 46 |
Jun 26, 2026
$190,000
Initial Listing
Oct 8, 1998
$24,500
Public Record