
Fairfield, CA 94533
This Single-Family Value-Add Asset is listed at $410,000, positioned directly at its $410,000 Fair Market Value. Currently holding a Condition Rating of 5, the property presents a significant opportunity for forced appreciation through interior modernization and system updates, especially given that renovated area comparables have recently cleared the $500,000 threshold. The expansive 8,276 Square Foot Lot is a primary strength, offering rare space for ADU development or extensive outdoor utility in a neighborhood with no HOA fees. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors ready to capitalize on the high demand for updated housing in Fairfield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1812 San Jose Place Subject | $390,000* List Price | 3 | 2 | 1,261 | $269 | - |
A 1870 San Pedro Court Sold | $480,000 | 3 | 2 | 1,326 | $362 | 0.4 mi |
B 1419 Eisenhower Street Sold | $340,000 | 3 | 1 | 923 | $368 | 0.4 mi |
C 1999 Union Avenue Active | $475,000 List Price | 3 | 2 | 1,415 | $336 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, this property likely requires substantial repairs and rehabilitation. The lack of interior photos in the listing is a common indicator of poor internal condition, and the property analysis explicitly mentions 'Potential Condition Concerns' and a significant price drop from its 2022 sale price ($505,000 to $410,000). These factors, combined with the age of the home and visible neglect in the exterior landscaping, suggest that major systems and interior finishes are outdated or in disrepair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1261.
Listed at $410,000, the property is priced significantly below its 2022 sale price of $505,000, offering a high-equity opportunity for investors or first-time buyers.
The expansive 8,276 square foot lot is well above average for the area, providing ample space for outdoor entertaining, gardening, or potential ADU expansion.
The local elementary and middle schools have low performance ratings (2-3/10), which may deter families prioritizing academic district quality.
The substantial price drop from the previous sale suggests the property may require significant repairs or modernization to reach its full market potential.
Exceptional opportunity in Fairfield. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,261 | 1,679 | 18% |
| Lot Size | 8,276 | 6,516.5 | 82% |
| Price | $390.0K | $532.8K | 14% |
| Price per sq ft | $309 | $308 | 51% |
| Built year | 1961 | 1975 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 477 | 219 | 84% |
May 10, 2026
$390,000
$410,000
-5% Price Drop
Initial Listing
Feb 14, 2025
$410,000
Initial Listing
Dec 22, 2022
$505,000
Public Record
Sep 8, 2006
$110,000
Public Record