1831 Clay Street, Fairfield, CA 94533, Fairfield, 94533 - 4 bed, 2 bath
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Fairfield, CA 94533
This Versatile Income-Generating Residence is listed at $529,000, representing a stable acquisition aligned with its $506,227 Fair Market Value. Maintaining a Condition Rating of 4, the home features high-utility upgrades including owned solar panels, central HVAC, and R/V parking. The property’s primary value-add is the garage conversion, which provides a 1-bedroom, 1-bathroom unit ideal for supplemental rental income or multi-generational living. Located near key transit and shopping, this asset combines functional living with financial flexibility. It is an ideal match for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1831 Clay Street Subject | $529,000* List Price | 4 | 2 | 1,736 | $295 | - |
A 1424 Mckinley Street Active | $535,000 List Price | 4 | 3 | 1,653 | $324 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property is functional and features valuable upgrades like owned solar and central HVAC. However, the interior is dated, featuring older bathroom vanities, 1970s-style wood paneling in the enclosed patio, and aging fixtures. While maintained, the home lacks a recent comprehensive renovation to bring it up to modern aesthetic standards.
The garage has been converted into a 1-bedroom, 1-bathroom unit, providing an excellent opportunity for rental income or a private guest suite.
The property features owned solar panels, offering the new owner significant savings on utility bills and increasing the home's long-term value.
Equipped with central air and heat, dedicated R/V parking, and an enclosed patio, the home provides high-utility features that are in demand.
The conversion of the garage into living space eliminates traditional covered parking and secure storage, which may be a drawback for some buyers.
Built in 1960, the property may require modernization of its original systems and cosmetic updates to align with contemporary market standards.
4 bedroom 2 baths one story house near transportation and shopping. Solar is owned. Central air and heat. R/V parking. Enclosed patio. Garage conversion with 1 bedroom and 1 bath for extra income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,736 | 1,658 | 52% |
| Lot Size | 5,663 | 6,499 | 34% |
| Price | $529.0K | $527.5K | 50% |
| Price per sq ft | $305 | $308 | 48% |
| Built year | 1960 | 1974 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 778 | 221 | 88% |
Apr 19, 2024
$529,000
Initial Listing
Sep 28, 2000
$167,000
Public Record