
Fairfield, CA 94533
This Turn-Key Quadruplex Asset represents a High-Potential Investment Opportunity with a List Price of $921,973—positioned well below the $1,090,959 Fair Market Value by 15%. This valuation provides $168,986 in Instant Equity. Boasting a Well-Maintained Condition Rating, the property features extensive renovations including newer windows, A/C units, and a private deck. With on-site laundry for supplemental income and no local rent control beyond AB 1482, this high-demand rental is an optimized acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1712 Fillmore St Subject | $921,973* List Price | 0 | 0 | 3,344 | $326 | - |
A 1718 Fillmore Street Active | $959,150 List Price | 0 | 0 | 3,344 | $287 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1963, the property has undergone significant capital improvements and extensive interior renovations. Updates include newer windows, fresh exterior paint, and modernized systems with newer A/C units and stoves, placing it in the well-maintained, move-in ready category.
The property features extensive interior and exterior upgrades, including newer windows, A/C units, and fresh paint, significantly reducing immediate capital expenditure requirements for a new owner.
Fairfield lacks local rent control ordinances beyond California State AB 1482, providing investors with greater management flexibility and the ability to adjust to market rates more effectively.
The inclusion of on-site laundry facilities serves as both a high-demand tenant amenity and a source of additional monthly revenue for the owner.
Built in 1963, the property may have underlying plumbing or electrical systems nearing the end of their functional lifespan despite recent cosmetic and appliance upgrades.
The portfolio consists entirely of 2-bedroom, 1-bathroom units, which may limit appeal to certain tenant demographics and lacks the risk mitigation provided by a diverse unit mix.
AiCRE Partners is pleased to present a prime investment opportunity portfolio of three well-maintained fourplexes located at 1712, 1713, and 1718 Fillmore Street in Fairfield, California. This collection offers a rare opportunity to acquire 12 total units within a stable, high-demand rental market. Each property consists of four spacious 2-bedroom, 1-bathroom units, specifically designed to attract long-term tenants and maintain low vacancy rates. The portfolio has undergone significant capital improvements, ensuring reduced immediate maintenance costs and enhanced "turn-key" appeal for a new owner. Extensive interior renovations have been performed across the portfolio, including the installation of newer stoves and A/C units to modernize the living spaces. The buildings feature fresh exterior paint and newer windows, contributing to a clean, updated aesthetic that stands out in the neighborhood. Each property also includes on-site laundry facilities, providing tenants with added convenience while generating supplemental income for ownership. Fairfield does not currently have local rent control ordinances. While the properties remain subject to California State Rent Control (AB 1482), the lack of more restrictive local caps allows for greater flexibility in management and market
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.5 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 3,344 | 3,198 | 50% |
| Lot Size | 6,300 | 6,852.5 | 50% |
| Price | $922.0K | $923.5K | 50% |
| Price per sq ft | $276 | $289 | 50% |
| Built year | 1963 | 1974 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 115 | 50% |
Apr 27, 2026
$921,973
Initial Listing
Nov 1, 2021
$885,000
Public Record
Oct 25, 2019
$705,000
Public Record
Apr 24, 2007
$244,000
Public Record