2420 Oceanic, Fairfield, CA 94533, Fairfield, 94533 - 3 bed, 2 bath
Loading property details...
Fairfield, CA 94533
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $357,244 Fair Market Value by -11%. Featuring a Fair Condition Rating of 5, this 1,230 sqft residence requires a comprehensive renovation to unlock its full potential. The functional single-story layout on a 6,098 sqft lot provides a solid foundation for modernization. Located near major commuter routes and employment centers, this asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to build equity through strategic value-add improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2420 Oceanic Subject | $400,000* List Price | 3 | 2 | 1,230 | $290 | - |
A 2488 Beaufort Drive Sold | $450,000 List Price | 3 | 2 | 1,256 | 0.2 mi | |
B 1012 Tanager Lane Sold | $455,000 | 4 | 2 | 1,376 | $331 | 0.5 mi |
C 428 Crofters Ct Sold | $415,000 | 4 | 2 | 1,474 | $282 | 0.5 mi |
D 855 Meadowlark Drive Sold | $395,000 | 4 | 2 | 1,584 | $249 | 0.6 mi |
E 607 San Lorenzo Street Active | $439,000 List Price | 3 | 2 | 1,338 | $328 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 and explicitly marketed as a 'fixer' and 'value-add opportunity' for investors and flippers. The property requires a full rehab and modernization, with visible deferred maintenance in the landscaping and no mention of updates to kitchens, baths, or major systems in over 30 years.
Priced competitively at $400,000, this property offers a strong upside for investors or flippers to build equity through modernization in an established neighborhood.
Conveniently situated near major employment centers and commuter routes, providing excellent accessibility for working professionals.
The 1,230 sqft single-level floor plan on a generous 6,098 sqft lot provides a solid foundation for renovation and appeals to a wide range of buyers.
As a designated 'fixer,' the property requires significant investment in modernization and repairs, which may not suit buyers looking for a move-in-ready home.
The assigned public schools have lower performance ratings (3-4 range), which could impact long-term resale value for families prioritizing education.
Value-Add Opportunity Unlock the potential of this Fairfield fixer with strong upside in an established neighborhood. Situated on a generous lot, this 3-bedroom, 2-bath home offers a functional single-story layout and an excellent opportunity for investors, flippers, contractors, or buyers looking to create value through renovation. The property provides a solid foundation for modernization and customization, with ample room to update finishes, improve curb appeal, and maximize equity potential. Conveniently located near schools, shopping, dining, commuter routes, and major employment centers, this home offers the combination of location and opportunity that savvy investors seek. Whether you're looking for your next project, a long-term rental, or a chance to build sweat equity, this property presents a rare opportunity to purchase below the cost of many renovated homes in the area and transform it into something special.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,230 | 1,650 | 16% |
| Lot Size | 6,098 | 6,499 | 45% |
| Price | $400.0K | $525.5K | 16% |
| Price per sq ft | $325 | $310 | 58% |
| Built year | 1965 | 1974 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 219 | 1% |
May 29, 2026
$400,000
Initial Listing
Jun 28, 2007
$55,000
Public Record