
Fairfield, CA 94534
This property presents a High-Potential Investment Opportunity with a List Price of $389,000—positioned well below the $397,626 Fair Market Value by 2%. This valuation gap offers $8,626 in Instant Equity for buyers willing to execute a renovation plan. Featuring a Condition Rating of 4, the home requires cosmetic updates and exterior repairs, yet benefits from modern mechanicals like a tankless water heater. This is a value-add asset ideal for Buy-and-Hold Investors or Contractors seeking a manageable project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2751 Cedarbrook Court Subject | $389,000* List Price | 3 | 1 | 1,040 | $382 | - |
A 2932 Montclair Way Active | $499,000 List Price | 3 | 2 | 1,180 | $423 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property features a kitchen renovation likely performed 10-15 years ago with granite countertops and stainless appliances. While it includes updated systems like a tankless water heater and A/C, the home is marketed as an 'investor special' requiring cosmetic work, featuring dated popcorn ceilings, and needing significant yard and fence repairs.
The property features a tankless water heater and a dedicated A/C unit, providing energy efficiency and modern comfort that reduces the need for immediate capital expenditure on major systems.
Listed as an investor special with no HOA fees, this property offers a low entry price point for a 3-bedroom home, presenting a strong opportunity for equity growth through cosmetic renovations.
Situated on a corner lot, the home benefits from increased privacy and a more spacious exterior feel, further enhanced by the convenience of a functional 2-car garage.
The home is noted to need cosmetic work and significant attention to the yard and fencing, which will require an immediate additional investment of time and capital from the buyer.
With three large bedrooms but only one bathroom, the property's layout may be a drawback for larger families and could impact its long-term resale value compared to homes with a higher bathroom-to-bedroom ratio.
Opportunity!! Investor special; cosmetic work needed. Single family home attached. Corner lot. Spacious living room and dining, kitchen with stainless appliances. 3 large bedrooms, one with slider to yard. Yard and fencing needs attention, there is privacy and it's a manageable space. A/C unit. Tankless water heater. 2-car garage.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 1.0 | 2.5 |
| Square foot | 1,040 | 1,785.556 |
| Lot Size | 4,356 | 6,038.915 |
| Price | $389.0K | $612.4K |
| Price per sq ft | $374 | $332 |
| Built year | 1980 | 1989 |
| HOA | $0 | $175 |
| Days on market | 41 | 55 |
Jul 30, 2026
$389,000
Initial Listing
Dec 30, 1993
$115,000
Public Record