
Fairfield, CA 94533
This Turn-Key Multi-Family Asset represents a High-Potential Investment Opportunity with a List Price of $933,000—positioned well below the $1,094,267 Fair Market Value by 14%. This valuation gap provides $161,267 in Instant Equity. The property maintains a Well-Maintained Condition Rating following extensive capital improvements, including newer windows, A/C units, and interior renovations. With on-site laundry generating supplemental income and a favorable regulatory environment lacking local rent control, this quadruplex offers significant cash flow stability. It is a premier 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 |
|---|---|---|---|---|---|---|
★ 1713 Fillmore Street Subject | $933,000* List Price | 0 | 0 | 3,344 | $327 | - |
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, including newer A/C units, stoves, and windows, making it a well-maintained, turn-key investment.
The property is in turn-key condition following significant upgrades, including interior renovations, newer windows, fresh exterior paint, and updated A/C units, which minimizes immediate CapEx requirements.
Fairfield's lack of local rent control ordinances provides ownership with greater management flexibility and better rent growth potential compared to more restrictive neighboring municipalities.
The inclusion of on-site laundry facilities serves as a critical tenant convenience that also generates supplemental passive income, enhancing the overall cap rate of the investment.
Built in 1963, the property may have aging underlying systems such as original plumbing or electrical components that could require future attention despite recent surface-level renovations.
The building consists entirely of 2-bedroom, 1-bathroom units, which lacks the demographic diversification that a mix of studio, one-bedroom, or three-bedroom units would provide.
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 | 6,500 | 6,952.5 | 50% |
| Price | $933.0K | $929.0K | 50% |
| Price per sq ft | $279 | $291 | 50% |
| Built year | 1963 | 1974 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 115 | 50% |
Apr 27, 2026
$933,000
Initial Listing
Oct 10, 2018
$645,000
Public Record
Dec 18, 2012
$250,000
Public Record